Welcome back to the crypto channel everyone. My name is Josh and right now is this it for the price of Bitcoin. Are we potentially now ending the short-term bullish divergence or are we still playing out this oversold signal on this Bitcoin price chart.So, I'll be talking about that in just a moment alongside Ethereum which is now bouncing between both supports and resistance in the shorter term while the price of XRP is doing something similar trying to play out this bullish divergence but now running into ...

Welcome back to the good channel everyone. My name is Josh and right now Bitcoin is continuing to play out the oversold signal on the daily time frame and also playing out the short-term bullish divergence on the smaller time frames. And this is now leading into a short squeeze as predicted, helping to push the price a little higher in the short term.So, I'll be talking about that and the next Bitcoin move about to happen very soon. And I'll be talking about that in just a moment alongside Ethereum which is ...

Market Trends & Analysis - Bitcoin is showing an oversold signal on the daily timeframe, similar to what was observed approximately 9 months ago [1] - Bitcoin and crypto funding rates across multiple exchanges have turned negative, potentially indicating a short squeeze [2][18] - Expect a short-term bullish relief in the crypto market, but the larger trend on the weekly timeframe still appears bearish [5][6][12] - Bitcoin dominance is expected to experience a slight bullish relief in the short term [35] Key Support & Resistance Levels - Bitcoin's short-term support level is around $85,000, with the next support at approximately $80,000 and then $76,000 if it breaks below [7] - Potential resistance for Bitcoin is expected at roughly $88,000, with stronger resistance between $92,000 and $94,000 [8][17] - Ethereum has support between $2,600 and $2,700, with resistance potentially at $2,800 and a stronger resistance between $3,000 and $3,100 [36][37] - Solana's immediate support is around $124 to $126, with a potential move down to $100 to $105 if it breaks below; resistance is expected at $135 and then between $143 to $147 [39][40][41] - XRP has support at approximately $0.180, with resistance around $0.25 to $0.27; if it breaks above, the next targets are $0.220 and then $0.230 to $0.240 [47][48][49] - Chainlink has support at roughly $11.60, with further support between $10.90 and $11.1; resistance is expected between $12.80 and $13.30, with the next target at around $14.50 [53][54] Trading Opportunities & Risks - Negative funding rates increase the probability of a short squeeze, putting financial pressure on those holding short positions [19][20] - Liquidity is building above the price of Bitcoin, with potential liquidation prices for short positions around $97,000 [15][16] - The analysis suggests a short-term bullish relief, but warns against ignoring resistance levels and the possibility of the bearish trend continuing [14][17]