Welcome back to the goodwatch channel everyone. My name is Josh and right now Bitcoin is continuing to repeat history still playing out the short-term bullish divergence which is also being helped by the continued bounce in the short term in the US stock market. And on top of this, we now have new liquidity building just above the price of Bitcoin that we need to pay attention to.So, I'll be talking about that in just a moment alongside Ethereum, which is continuing to be squeezed between this support and t ...

Welcome back to the good channel everyone. My name is Josh and right now it is happening. Bitcoin is crashing below a critical level of support in the short term which means the price of Bitcoin is still repeating history exactly like what we saw in 2022. So in just a moment I'll be revealing what is very likely about to happen next for the price of Bitcoin alongside Ethereum which is now perfectly rejecting from this very important Fibonacci level.while the price of XRP is starting to possibly break below ...

Core Viewpoint - The US dollar is experiencing a significant decline, reaching a four-year low, raising concerns among investors about the Trump administration's policies and their impact on the dollar's status as the world's reserve currency [1][6]. Group 1: Dollar Decline - The US dollar has fallen by 3.19% against a basket of currencies since January 19, with a nearly 1% drop occurring in a single day [1][10]. - The rapid decline in the dollar's value is alarming to economists, with predictions of further drops of 2% to 3% before stabilizing [8][10]. Group 2: Investor Sentiment - There are growing concerns that international investors are losing faith in US policymaking under the Trump administration, which could threaten demand for US government debt [5][6]. - The administration's apparent desire to weaken the dollar as a strategy to reduce the trade deficit is contributing to investor unease [2][10]. Group 3: Economic Implications - A weaker dollar could make US exports cheaper and imports more expensive, potentially aiding in the revival of American manufacturing [10]. - However, the strength of the dollar is also tied to foreign interest in US government bonds, which are viewed as a safe investment [11].

Welcome back to the good channel everyone. My name is Josh and right now Bitcoin just officially is starting to break below this crucial area on the price chart. While in the immediate short term, we're also running into a very important level of support.But of course, one of the reasons as to why we're seeing a further dump in the short term for Bitcoin and crypto is thanks to the US stock market now massively dumping at least in the short term, which I'll talk about in just a moment why that's the case. A ...

Welcome back to the goodworld channel everyone. My name is Josh and right now Bitcoin is continuing to play out the short-term warning signal which means the price of Bitcoin is now starting to retest a very important area on the price chart that we need to pay attention to. And this is happening as the Bitcoin ETFs are now starting to dump Bitcoin once again causing some sell pressure in the short term while Ethereum is now and still retesting this crucial line on the price chart while Salana is continuing ...

Welcome back to the good watch channel everyone. My name is Josh and right now while Bitcoin is still struggling at this massive area of resistance, we're now seeing the price of Bitcoin rebounds and currently test this important level of support based on previous resistance here in the immediate short term. And while this is happening for Bitcoin in the short term, we are now seeing the Bitcoin funding rates starting to flip negative, which is something that we need to pay attention to.So, I'll be talking ...

Market Trends and Analysis - The crypto market is currently experiencing bearish pressure, influenced by the pullback in the US stock market [4][11][50][52] - Bitcoin is testing crucial support levels and showing potential for further downside movement if key levels are breached [1][6][7] - Altcoins are generally underperforming Bitcoin, indicating a challenging short-term outlook for the altcoin market [27][28][31] - Ethereum is showing signs of a potential bullish divergence, but the short-term trend remains bearish [29][31][32][33][34][35] - Solana is approaching a critical support level, with a potential drop towards $100-$105 if the $124 support is broken [37][38][39] - XRP faces significant bearish divergence on larger time frames, with $1.80-$2 acting as the final significant support area [41][42][46] - Chainlink is following the broader market's bearish trend, testing support around $12, with potential for further downside if this level is breached [47][48][50][51][52] Trading Strategies and Opportunities - The analysis suggests considering short positions in the current market environment, particularly if key support levels are broken [13][14][15][16][28][53] - Potential entry points for short positions are identified, such as a retest of resistance levels or a break below support [14][15] - The report emphasizes the importance of monitoring key support and resistance levels to identify potential trading opportunities [24][25][46][51] Exchange Promotions - Pinex crypto exchange offers bonuses for new accounts, including a 50 USDT bonus for completing KYC and deposit bonuses up to 1,000 USDT for deposits up to 10,000 USDT [17][18][19] - 2bit crypto exchange provides exclusive bonuses and a trade protection and recovery fund, potentially allowing users to recover some liquidated funds [20][21]

Core Viewpoint - The US stock market is experiencing volatility as investors react to Nvidia's strong earnings report and the subsequent market crash [1] Group 1: Market Reactions - Futures tied to the Dow Jones increased by 0.40% [1] - Futures linked to the Nasdaq 100 also showed a positive response [1]

Market Analysis - The US stock market's short-term dump is likely to cause weakness in the crypto market, as the two are often correlated [3][4] - Bitcoin's weekly chart shows a bearish divergence, suggesting potential sideways price action or a pullback in the coming weeks or months [6][7] - Bitcoin dominance is rejecting a key resistance level (605% to 61%), which is good news for the altcoin market in the short term [34][35][36] Bitcoin (BTC) - Bitcoin is holding above a crucial support level around $99,000 to $100,000, but a break below could lead to a drop towards $97,000 or $93,000 to $94,000 [7][8] - A potential head and shoulders pattern is forming on the daily chart, posing a risk of a larger bearish pattern if Bitcoin bounces to around $110,000 and then gets rejected [9] - A new bullish divergence on the 6-hour chart suggests a possible short-term relief or choppy sideways price action [10][11] Ethereum (ETH) - Ethereum is holding above a Fibonacci level at around $3,050, with resistance expected around $3,650 to $3,700 if it bounces further [37][38] - The daily Ethereum RSI is approaching oversold territory, suggesting a likely short-term relief or sideways consolidation [40][41] Altcoins - Solana (SOL) is bouncing from support around $143 to $147, with potential resistance at around $170 and further resistance at $190 to $200 [42][43] - XRP is experiencing a shorter-term bullish divergence on the daily chart, expecting choppy sideways price action or a slight relief in the short term, with resistance at $0230 to $0240 [47][48][51] - Chainlink (LINK) is likely to see a short-term relief due to correlation with other cryptos and a bullish divergence about to confirm, with resistance at $1650, $1750, and $19 to $20 [55][56][59] Trading Strategy - The presenter's Bitcoin trading strategy involves a grid bot that buys Bitcoin as the price goes lower and sells on bounces, aiming to profit from volatility [14] - The grid bot strategy is currently close to break-even, outperforming a regular long position due to profits secured from volatility [15][16] - The presenter may close the Bitcoin position if the US stock market shows weakness in the new week, potentially reopening it at a lower price point [18]

Is the US stock market overvalued?Here is a deep dive that unpacks the situation... https://t.co/uHSLVvizSH ...