BITCOIN CRASH: It's Getting Worse (Trading Plan)!!!! - Bitcoin News Today, Ethereum & Altcoins
Crypto World·2025-11-16 17:58

Market Trends & Analysis - Bitcoin is bouncing from a crucial support area, showing an oversold signal in the short term, but faces a major liquidation level risk [1] - The super trend indicator on the weekly Bitcoin price chart is flashing a warning signal, similar to the start of the 2022 bear market [2][3] - A bearish divergence between Bitcoin's price and RSI suggests potential weakness and a pullback in the coming weeks or months [5][6] - Ethereum is possibly confirming a new bullish divergence, potentially repeating historical price patterns [1][35] Key Support & Resistance Levels - Bitcoin is finding short-term support between approximately 92500 to 94000 USD, based on the golden pocket Fibonacci level [6][7] - A break below the 92000 to 94000 USD support area for Bitcoin could lead to a further drop towards 85000 to 86000 USD [11] - Ethereum faces immediate support around 3000 to 3100 USD, with a potential drop to 2600 to 2700 USD if this level is breached [31][32][33] - Solana broke below the 143 to 147 USD support area, which is now acting as resistance, with potential support around 124 to 127 USD [41][42][43] Trading Strategies & Opportunities - Shorting moves upon breaking key support levels can be a profitable strategy during a bearish market [12][13] - Major liquidity level below Bitcoin's price at roughly 89000 USD could draw the price towards that level, presenting a potential trading opportunity [25][26] Exchange Promotions - Pinex offers a 200 USD bonus for a 100 USD deposit and a 600 USD bonus for a 1000 USD deposit, with potential bonuses up to 40000 USD [20] - Two Bits offers up to 10000 USDT in trial fun bonuses and 8000 USDT in withdrawable stable coins for depositing and trading crypto, plus a 30 USDT signup bonus [22][23]

BITCOIN CRASH: It's Getting Worse (Trading Plan)!!!! - Bitcoin News Today, Ethereum & Altcoins - Reportify