Welcome back to the good channel everyone. My name is Josh and right now Bitcoin just officially invalidated this short-term bullish divergence because we've now grabbed this liquidity towards the downside that was building below the price of Bitcoin which once again is now invalidating the short-term bullish divergence alongside of course this slight little dip in the stock market causing a slight little dip in the crypto market just in the shorter term which means Ethereum is getting closer towards retest ...

Welcome back to the good watch channel everyone. My name is Josh and right now Bitcoin just played out yet another fake out towards the upside here in the short term over the last one day and this is on top of the massive fake out still playing out here on the daily time frame which is of course a bearish signal repeating history. But this short-term fake out that we saw over the last 1 day was potentially just a liquidity grab here in the Bitcoin liquidation heat map taking out some short-term liquidity th ...

Market Analysis - Bitcoin is facing rejection from a resistance area and approaching a crucial support level, indicating potential short-term weakness [1] - A significant bearish divergence on the weekly Bitcoin chart suggests potential weakness and reduced bullish momentum in the coming weeks or months [2][3] - Bitcoin's immediate support level is around $100,000, while resistance lies between $106,000 and $107,000, potentially leading to sideways price action [4][7] - Ethereum is exhibiting sideways price action, fluctuating between support at approximately $3,050 to $3,250 and resistance around $3,650 to $3,700 [30][31] - XRP is currently holding support between $230 and $240, with resistance between $260 and $270, suggesting a potential range-bound movement in the short term [41][43] Trading Strategies and Opportunities - The analysis suggests potential opportunities for grid bot trading strategies to profit from choppy, sideways price action in Bitcoin, Ethereum, Solana and XRP [28][39][48] - The author closed a previous Gridbot trading strategy at roughly break even, anticipating a better entry point due to expected weakness in the market [17][18] Liquidation Heatmap Analysis - Bitcoin's liquidation heatmap shows liquidity building around $107,500 and between $98,400 and $98,500, suggesting potential price movements towards these levels [24][25] Altcoin Analysis - Solana exhibits a similar pattern to Bitcoin, with a larger bearish trend but short-term sideways price action between support at $143 to $147 and resistance at approximately $170 [36][37][38] - Chainlink is in a larger bearish trend but showing a shorter-term bullish divergence, with support around $1520 to $1570 and resistance at $1660, $1750, and $19 to $20 [44][45][46][47]