BITCOIN HOLDERS: It's Happening AGAIN (Prepare Now)!!! - Bitcoin News Today, Ethereum & Altcoins

Añadido: 2026-05-06

[00:00:00]Welcome back to the Crypto Bar channel everyone. My name is Josh and right now, Bitcoin is once again attempting a breakout above this important area of resistance while the US stock market is continuing to hold at all-time record highs as we're continuing to see more and more liquidity building above the price of Bitcoin while the funding rates are currently negative. So, I'll be talking about what that means right now for the price of Bitcoin and the next move which is now starting as of recording this video. While the price of Ethereum is now perfectly retesting and bouncing from this significant level on the price chart, while the price of XRP is also continuing to bounce from this important level of support here. So, I'll be talking about all of that and more later in the video. So, definitely watch to the end.

[00:00:47]First of all, just before taking a look at the Bitcoin and crypto charts today, we need to take a quick look at the US stock market today. This is the S&P 500 index on the 4hour time frame. And I'm recording this just as the stock market's come to a close for the day.

[00:01:00]And over the last one day, the stock market has actually held the current all-time high, relatively close to the current all-time high that we set basically at the end of last week. And so, obviously, we did see a very, very slight little pullback in the imminent short-term in the US stock market. But overall, we have not seen, at least right now, as of recording this video, at least so far, we've not seen any major crash. We've not seen any major pullback or correction in the stock market. At least for now in terms of the price structure, in terms of the momentum or the trend right now, it is still technically bullish despite seeing the occasional red candle here and there. And now obviously it is worth pointing out that we are well into overbought territories in the 4hour RSI for the S&P 500 index. Now it's also worth mentioning that of course we can stay in overbought for quite some time, especially when we're talking about traditional markets like the S&P 500 index. It's possible that we could stay in overbought for quite some time before ultimately we see the next cool down.

[00:01:56]But it is just worth pointing that out.

[00:01:57]Obviously, we are at risk of maybe sometime soon having a slight little cool down. Whether that means a pullback or maybe just a sideways consolidation basically slowing down the bullish price action. I would not be surprised if that happens maybe at sometime within the next week or so. But at least for now, because we've not yet broken down, because we're still technically within this bullish trend and obviously still relatively close to the all-time record highs for the US stock market, at least for now. Obviously, this is a bullish signal overall for Bitcoin and crypto.

[00:02:26]As always, not financial advice, but usually the crypto market on average follows somewhat similar price action to what the stock market does. So, while the stock market continues to show strength, expect relatively strength, relative strength for Bitcoin and crypto, at least in the short term.

[00:02:42]don't really expect a massive crash back towards the downside while the stock market is holding up like this. So, keep that in mind throughout the video. And if we're taking a look at the Bitcoin charts today on the weekly time frame, obviously this super trend indicator is still sitting in the red. But obviously, considering it's the weekly time frame, this indicator on these much larger time frames takes a long time to actually flip between the trends because we're talking about the very long-term trends here, not short-term moves. And if we're taking a look at this weekly Bitcoin price chart, obviously we're still playing out this oversold signal. very nicely here in the weekly Bitcoin RSI playing out a major bullish relief for over a month now. Exactly as I've been saying basically every day for over a month now on the channel. And if we're taking a look at the 3-day Bitcoin price chart right now as Bitcoin in this video, the price of Bitcoin is once again attempting a breakout. Not yet confirmed. I want to make that clear, but attempting a breakout back above this important area of resistance here, sitting in between around 72,000 to 76,000. So really that 76k level is the level to break which as of recording this video we're trading slightly above 76,000 but ideally we need to see a 3-day candle close confirming above 76,000 and then we actually need to hold above this area hold it as new support if we were to see a retest for example in order to actually properly confirm the breakout because obviously if for example we see a slight little move up and then back below 76,000 without actually seeing any candle close above 76,000 like what we saw in the previous 3-day candle back here. Obviously, then that would just be a candle wick towards the upside, never confirming the breakout at all. And then, of course, for example, if we confirm, let's just say a 3-day candle close above 76,000 and then confirm candle closes back below 72 to 76,000, back below this area, then that would invalidate the breakout. So, like I said in this video many times and many videos recently here on the channel, we basically need to see the candle closes confirm above this resistance and then hold above that area to keep the breakout remaining active.

[00:04:42]And in that situation, if that confirms, it's not yet confirmed. I want to make that clear. But if that confirms in the coming days or weeks, in that situation, the next significant resistance or really the next significant price target I'll be watching out for for the price of Bitcoin will be sitting at approximately 86,000.

[00:04:59]And that could potentially trigger a larger bullish trend that would likely last for at least a number of weeks, most likely a number of months, trending more towards the bullish direction. Kind of like what we've seen over the last 1 to two months. Obviously trending at least slightly towards the bullish direction. But this could basically form an even larger bullish trend lasting for a longer period of time if we actually confirm this breakout and hold this level. So this is definitely a crucial time in the market for the price of Bitcoin. And once again, as I've said in many videos recently here on the channel, what can really help the price of Bitcoin confirm this bullish breakout and head towards this next bullish price target is, of course, if the US stock market continues to show strength, hold at all-time highs, or even create new all-time record highs in the coming days or weeks. Of course, that can also really help Bitcoin and crypto with a continued bullish relief in the shorter term here. And if we're taking a look at the shorter term here on the 4hour time frame, obviously because the stock market is holding steady at around all-time highs and due to some other reasons I'll talk about in just a moment, we are obviously seeing another short-term bounce in the price of Bitcoin after previously perfectly playing out this overbought signal over the weekend, exactly as predicted around 2 to 3 days ago now on the channel. But as for support to watch out for, we bounced from pretty much my exact level of support that I've been talking about over the last two days, sitting at around 73.7K, pretty much to the nearest dollar, we hit 73.7K approximately and bounce from around that level of support. So continue to expect a lot of support around there and especially at roughly around 71,000. We have a lot of support down there as well if we were to actually break below around 73.7K to 73 12,000. And as for resistance, once again, we potentially still have some resistance at give or take 76,000 if we of course fail the breakout here. But right now, we are attempting another breakout. So, we really need to actually hold above this level and of course confirm the larger candle closes in order to actually confirm the breakout.

[00:06:55]And the great thing about seeing that pullback over the weekend is, of course, we've well and truly reset the RSI out of overbought. In fact, we got closer towards oversold than we were to overbought in the short-term RSI over the weekend at the lowest point here in the RSI, which means we now technically have more room towards the upside again to potentially continue this bullish trend. Because yes, believe it or not, despite seeing these short-term pullbacks along the way, the price is still technically trending in the bullish direction here on the 4hour Bitcoin price chart, we're still forming higher lows and higher highs. by definition trending in the bullish direction despite seeing the occasional short-term setback during the bullish trend. And so, as I've been warning about throughout the entire weekend, I've been saying, yes, it's likely we'll see a pullback for the weekend, which is exactly played out as predicted. But like I warned about, it's unlikely that this will have a significant crash all the way back down. It's much more likely that this could just be another short-term setback during this trend.

[00:07:52]So, do not be fooled. Is what I've been saying over the weekend. Do not be fooled by these short-term setbacks.

[00:07:57]It's likely we'll see another bullish move continue later on, especially if the stock market continues to show strength, which at least for now it is continuing to do. And if we're taking a quick look at the Bitcoin liquidation heat map, another factor helping to basically cause more bullish price action in the short term is of course the fact that we have significant liquidity still sitting above the price of Bitcoin at around 78.3K, but especially around 78.5K as a massive level of liquidity to watch out for. So in case you're new to all of this, usually, not always, but usually the price of Bitcoin tends to move towards where we have a lot of liquidity to wipe out those levels. As always, no such thing as a 100% guarantee, but you can think of this area as kind of like a magnet helping to pull the price towards roughly 78 12,000 sitting right around here on the price chart. And so once again, especially if the stock market basically just holds its place here or potentially even continues further bullish price action in the coming days, then of course it's quite likely that Bitcoin will come back up towards that liquidity to wipe out that level in the coming hours or days. most likely within a week, but potentially even within the next one or two days as a very likely scenario. As long as the stock market continues to hold up relatively well, it's likely we'll take out that liquidity quite soon. And if we're taking a quick look at the Bitcoin and crypto funding rates to see what the majority of people out there are actually trading right now, the majority of traders out there in terms of actual volume are actually more bearish than a bullish. Believe it or not, the crowd right now is bearish on the price of Bitcoin. This is something that I've been discussing many times recently here on the channel. The funding rates are negative with liquidity building above the price of Bitcoin. So, what that actually tells us is there's currently a premium to short, especially Bitcoin right here and Ethereum and some other altcoins, but especially Bitcoin and Ethereum. Almost all of the funding rates right now are currently negative.

[00:09:48]And so once again, that means that basically most traders out there are looking to short Bitcoin and Ethereum and some other altcoins as well with the negative funding rates to the point where a lot of traders are paying a premium to short Bitcoin, for example, with these negative funding rates. The short positions are having to pay these extra fees every 8 hours to the long positions. The long positions are actually earning these funding rate fees because they are negative. The shorts are paying the funding fees. And so in simple terms, there's a high demand right now to bet against the price of Bitcoin and a very low demand right now to actually bet on bullish price action for the price of Bitcoin. So most people are trying to basically predict Bitcoin's going to go down and betting their money that Bitcoin's going to go down because we're seeing negative funding rates right now, which means people are paying an extra premium to have a short position open. whereas not many people are looking to basically predict more bullish price action even though liquidity is building above the price which means it's likely the price will go higher. So this is a perfect recipe right now for a potential short squeeze to continue which is what I've been saying basically for the last 2 to 3 weeks now and obviously we can see how that's played out over the last 2 to 3 weeks a short squeeze continuing to play out time and time again. And so, as always, no such thing as a 100% guarantee, not financial advice, but that is what is likely going to play out. Basically, the bullish trend likely going to continue. Of course, not in a straight line. We're going to have the occasional setback along the way. Keep that in mind as we saw over the weekend.

[00:11:19]But overall technically we are still trending in the bullish direction and we are attempting a breakout above crucial resistance which could possibly confirm in the coming days if ideally the stock market continues to show some strength in the short term and hold around these all-time highs rather than seeing obviously a pullback moving forward. So overall those are my expectations. the exact predictions in the shorter term and the midterm and of course the longerterm trends not really changed at all over the last 1 day and the exact levels and price targets to watch out for moving forward. And obviously if you want to trade any of these moves in the price of Bitcoin or any crypto, you need to be set up ready to go on a crypto exchange. And if you use the first link below the video in the description and in the pins comment, that first link below this video will take you to this page right here over on the Novava crypto exchange, which by the way is a no KYC exchange. And if you use that first link below the video to actually make your Nava account, you can get up to a 10,000 USDT bonus on your account just by depositing and trading crypto.

[00:12:15]And by the way, this is 10,000 real USDT that you can actually withdraw from the exchange. It's not some trading bonus like all the other exchanges. This is actual real USDT. So obviously, if you're going to be trading crypto anyway, you might as well check this out. And personally, because of how good this bonus actually is, I actually personally claimed this bonus myself on my own Nova account just by depositing and trading crypto. And so, in case you missed my recent videos here on the channel, I'll play a quick clip right now of me actually claiming this free $10,000 myself on my own account just by depositing and trading crypto. And this is the second time I'm doing this, by the way, on this campaign because it's a no KYC exchange, which means I could do this multiple times on multiple different accounts. So, just letting you know that, of course. And I've just now opened and closed a new position on Nova. So you can see right here, it's just now popped up with another 10,000 USDT bonus on my own Nova account. I'm basically receiving free money from the exchange just by doing my trading on Nova. And so if I view my balance right now, it'll take you to the balance page.

[00:13:20]And you can see right here I have received yet another bonus. Of course, this is a new account. It's one account, one bonus, but you can make a new account with a new email, for example, which is what I've done here to claim another 10,000 USCT bonus on my new Novava account here. So, basically, a bunch of free money from the exchange, which by the way, I can withdraw from the exchange if I want to. Of course, I can move this, for example, from my futures account into my spot account.

[00:13:48]And so, as you just saw there, I was basically rewarded a free $10,000 on my account, which I can now use to trade crypto. I can withdraw that. I can do whatever. It's a free $10,000 just by depositing 10K and trading the trading volume goal within 30 days. So, obviously, if you're going to be trading crypto anyway, you might as well be trading towards an extra goal on top of just regular profits and basically getting rewarded for having your trading done over on Nova, which is what I'm currently doing on my own account with my own money. So, once again, you can check this out for yourself if you want to. First link below the video. And remember, Noava is also a no KYC exchange. But with that being said, taking a quick look at the Bitcoin dominance chart on the daily time frame.

[00:14:27]And right now, we're actually seeing a little bit further of a bullish move beyond this sideways price range that we've seen over the last almost half a year approximately. Now, keep in mind, we still have significant resistance here in the Bitcoin dominance in between around 60.5% to 61%. And as of recording this video, we're currently sitting at roughly 60.2% in the Bitcoin dominance. And so obviously at the rate that we're going, it's possible that soon we could see another test of this significant resistance. And then obviously if history is any indication, it's likely we'll see a lot of struggle or possible rejections from around that area on the price chart for the Bitcoin dominance.

[00:15:04]Which means in the imminent short term, Bitcoin is likely going to outperform just a little bit in the very short term. But then, for example, if we start to see a rejection from this resistance, while we're seeing that rejection, for example, in that case right there, of course, we'll start to see potentially in the short term some old coins start outperforming Bitcoin again. But overall, in terms of the larger trend, we're still somewhat neutral. This is just talking about the shorter term moves. And if we're taking a look at Ethereum on the 3-day time frame, obviously right now, the price of ETH is still struggling in this massive area of resistance, still sitting in between 2.2K to 2.4K. So, the level to break is 2.4K with ideally a 3-day candle close confirming above that level and actually holding above this area to actually confirm the breakout and keep the breakout active. And in that situation, which obviously right now has not yet confirmed, I want to make that clear.

[00:15:54]But if that ultimately confirms and we see a follow-through by holding above that area, in that situation, the next massive price target or major point of resistance to watch out for is sitting at approximately 2.8K.

[00:16:07]But at least for now in the shorter term, Ethereum and a lot of major altcoins are slightly lagging behind Bitcoin due to the fact that once again we're seeing just a shorterterm bullish move in the Bitcoin dominance. So potentially just in the coming days, we could see basically Bitcoin slightly outperforming a lot of old coins and then that could potentially reverse if we see a rejection from this resistance.

[00:16:28]As I said earlier, that could mean that maybe in a week from now, for example, we could start to see some of these old coins slightly outperform Bitcoin again.

[00:16:34]So that is the situation on the 3-day Ethereum price chart. And if we're taking a look at the daily time frame just over the last 1 to two days, we've perfectly come back down towards my exact Fibonacci level here sitting at around 2250 based on this golden pocket.

[00:16:48]And now seen a perfect bounce from this level now acting as strong support. So keep that in mind. That is strong support for the price of ETH, which if we're taking a look at the 4hour time frame. Obviously, this is the level that I've been talking about over the last couple of days around 2250 as the first significant level of support, which we've just perfectly bounced from within just a couple of dollars from 2250. But if we were to see a move below that level in that situation, we have significant support down here in between 2150 to 2.2K. And technically speaking, this short-term bearish divergence here on the 4hour Ethereum price chart has not yet been invalidated, which means it's possible this can still influence the price a little further by seeing potentially just a lack in bullish momentum. Not necessarily a huge crash, but just a bit more weakness in the shorter term. But obviously if Bitcoin, let's just say, confirms this breakout, especially if the stock market continues to show some strength in the shorter term, then of course it's likely that Ethereum will ultimately continue a little more of a relief in the short term, considering, at least for now, despite this pullback, we are technically trending more in the bullish direction than the bearish direction.

[00:17:54]And if we're taking a look at the price of XRP on the weekly time frame, technically speaking, the longerterm trend is still currently bearish. We've not yet fully confirmed the end or the reversal out of this larger bearish trend on the weekly XRP price chart, but at least in the somewhat shorter term here, we're still holding and bouncing from this massive level of support at around $130. So keep that in mind. Not a lot has changed on this XRP price chart over the last 1 day. But if we're zooming further into the short term, taking a look at the 4hour XRP price chart, obviously we've just seen a pretty much perfect bounce from $139, which is the point of support I've been talking about over the last couple of days in between $138 to $139 as a key area of support to watch out for. And now that we're bouncing from that level, obviously the next important resistance to watch out for is sitting in between roughly $144 to $146 approximately. And technically speaking, despite this current short-term bounce, similar to Ethereum on the 4hour time frame, XRP also has not yet technically invalidated this bearish divergence, which means it's possible it could still influence the price of XRP, just a little longer in the short term. Basically showing a little bit of weakness in the short term. Not necessarily a huge crash, but kind of just lacking bullish momentum, at least in the coming hours or maybe for another day or so. And so basically, expect somewhat similar price action for XRP as what I said for Bitcoin, but slightly underperforming Bitcoin thanks to the fact that the Bitcoin dominance is currently playing out a short-term bullish move, which means Bitcoin is likely going to perform slightly better than a lot of these altcoins. So that is the situation for XRP. And if we're taking a quick look at the price of Salana on the 3-day time frame, it's a similar situation here. Obviously, the longerterm trend has not yet confirmed a reversal, but in the shorter term to midterm, obviously, we're still in this massive range here between support and resistance. So, we still have strong support in between $75 to $80 and strong resistance in between $95 to $105. And if we're taking a look at the shorterterm moves here on the 4hour time frame, just over the last one day, obviously, we bounced from approximately $83 based on this previous low, this previous support currently still acting as support. But if we were to break below 83 in that situation, we have a lot of support down here at around 8150 approximately. So those are the points of support to watch out for in the short term. And as for resistance, we are now testing a key level of resistance in the short term, sitting at approximately $86. And if we break out beyond $86 and actually hold above that level in that situation, the next important area of resistance is in between roughly $8870 to $9070.

[00:20:28]And remember, Salana along with a lot of major altcoins on average are likely going to perform similar price action to what Bitcoin does here in the short term, but just slightly underperforming whatever Bitcoin does, at least right now, while the Bitcoin dominance is currently bullish. So, those my expectations in the shorter term. And if we're taking a look at Chain Link on the 3-day time frame, is a somewhat similar situation here. in the longerterm trend technically still bearish not yet fully confirmed the reversal but we're still in this massive range here in the shorter term to midterm during the trend sitting in between support and resistance. So we still have strong support at around 790 to 850 and strong resistance in between $950 to $10 which it's looking likely that we could soon see another retest of this massive area of resistance and then obviously continue to expect a lot of struggle and likely rejections from around that area on the price chart. And so overall, those are my exact expectations in the shorter term, the midterm, the longer term, the key levels and signals to watch out for moving forward for all of these crypto assets. And remember, if you want to trade any of these moves in the price of any crypto, check out the links below this video to those exchanges if you want to take advantage of massive bonuses that are only available using those links, especially that first link below the video to Nova where once again, you can claim up to 10,000 USDT in real withdrawable USDT just by depositing and trading crypto.

[00:21:44]Also a no KYC exchange. Once again, first link below the video. And obviously, if you want to actually know how you can trade these moves, no matter what direction the price goes to profit at all times in the market, then make sure to watch these videos popping up right here on your screen. Because the video in the top left shows you how you can profit from bullish or bearish price action using long positions or shorts positions. And the video in the bottom left shows you how you can easily profit from choppy sideways price action. But anyway, that is everything that I have to say for today. I really hope you enjoyed and I'll see you all in the next