BITCOIN & ALTCOIN WARNING: Total Collapse Loading!!! - Bitcoin News Today, Ethereum & Altcoins

Added: 2026-05-28

[00:00:00]Welcome back to the Kawa channel everyone. My name is Josh and right now Bitcoin has been continuing the short-term rejection from this exact level of resistance in the immediate short term. But now that the price of Bitcoin is starting to potentially form lower lows while the RSI is still forming higher lows at the time of recording this video. We're now fleshing a new signal in the shorter term that we cannot ignore as we now have new levels of liquidity just below the price of Bitcoin, but still massive levels of liquidity building above the price of Bitcoin, which I'll talk about in just a moment alongside Ethereum now running into a crucial area of support in the immediate short term. While the price of XRP is potentially about to break below the final significant level of support before potentially much lower prices.

[00:00:46]That is right. This is potentially the first signal starting to flash on the price chart telling us to get ready for a massive, massive crash still to come.

[00:00:56]Potentially just now starting. So, I'll be talking about all of that and more late in the video. So, definitely watch to the end.

[00:01:03]First of all, just before taking a look at the Bitcoin and crypto charts today, taking a quick look at the US stock market today. This is the S&P 500 index on the 4hour time frame. And over the last one day, the US stock market has remained basically the same levels that we were at the previous trading day. So still holding it close to all-time record highs, but obviously starting to at least slow down a little bit in terms of this massive bullish movement.

[00:01:28]Obviously slowing down a little bit more recently, but we still haven't fully confirmed this new bearish divergence.

[00:01:34]So keep in mind the overall trend is technically still bullish. But once again, if we start to see a bit more confirmation here for the bearish divergence, then we might end up seeing a bit more of a slowdown at some stage within the next couple of weeks or so.

[00:01:47]Not necessarily right this moment, but within the next couple of weeks, we might start to see a bit more of a slowdown. Not necessarily a huge crash because remember the overall trend still clearly bullish for the US stock market.

[00:01:58]But it is worth mentioning that of course a lot of this index right here, the S&P 500 index and especially the NASDAQ 100 index, looking at the tech stocks, a lot of these indices actually held up primarily by just a small handful of large tech stocks that are having massive gains right now with everything that's AI. But right now, obviously, a lot of the US stock market is still somewhat struggling. It's just it's currently being held up by some very large tech stocks that are having large gains at the moment. And so to some degree, this is somewhat misleading in terms of the performance for really the overall market because once again, this is just a small handful of stocks that are really actually holding this up right here and pushing this higher in the shorter term. So just keep that in mind. But overall, of course, we're seeing a lot of weakness in the crypto market despite the US stock market still holding up relatively well due to the reason that I just mentioned a moment ago. Once again, we're seeing a lot of the stock market actually struggling a lot. And this is only holding up relatively well because of a very small handful of tech stocks performing very, very well right now, holding up the overall market. But right now, looking at the Bitcoin price charts on the weekly time frame, nothing's changed over the last day. In fact, nothing has changed for almost a year now. Still technically in this red super trend indicator, but more recently obviously playing out this oversold signal in the weekly Bitcoin RSI. But if we're taking a look at the 3-day Bitcoin price chart right now, the price of Bitcoin is well and truly testing into this area, which is at least for now still technically a support area to watch out for, sitting in between 72,000 to 76,000. And previously on the pri chart, this has been significant resistance, significant support, and then significant resistance again. And then more recently over the last month or so, has been acting as support from within 72,000 to 76,000. So once again, right now, we're testing well into this area. Not yet confirmed to break back below 72,000, but if that happens, like I've been warning about every day for over a month now. This entire time I've been saying the point where this price structure would completely break down and flip much much more bearish would be if we break back below 72,000. I want to make that clear.

[00:04:13]I want to make that warning now before it happens. If we break below 72,000 with confirmation, especially if we fail to get back above that area, expect most likely much more bearish price action to come. most likely over weeks if not months of more bearish price action still to come. Most likely at least testing towards these lows, possibly below these lows. I'm talking about the 50k area. I want to make that warning very clear right now. If we break below 72,000 with confirmation and fail to get back above that area, expect much lower price targets to come in the coming weeks or months. But at least for now, we've not yet confirmed that break below 72,000, which there is still potentially some hope here that we hold this area.

[00:04:58]And for as long as we hold this area, once again, this price structure, technically speaking, remains bullish for as long as we're holding this level right here. So, keep that in mind. So, that is still the situation on the 3-day time frame, but obviously the very shorterterm situation is still a lot of weakness. Exactly as I've been warning about this entire time right here.

[00:05:17]Expect a lot of weakness in the short term for the price of Bitcoin. And of course, we're just continuing that rejection from this level of resistance here. Still sitting at around 78,000.

[00:05:28]And of course, over the last 1 day, we did not really see a decent bounce, which is the bounce that we needed to see in order to potentially continue to form that inverse headed shoulders pattern, which was forming up until basically this point right here. At the moment, we just continued the pullback.

[00:05:45]Obviously, we failed to continue to form the right shoulder for the inverse header shoulders pattern, which obviously never confirmed at all to begin with. It was just a possible price pattern that was possibly forming. So, something to watch out for, but nothing to ever act on because we never actually formed or confirmed the price pattern.

[00:06:04]But of course, in my last video, I did say that within the next one to two days, it's likely we could start to see maybe just some sort of slight little relief or bounce. Remember, do not expect a significant amount of bullish momentum right now. Overall, continue to expect a lot of weakness as I've been warning about for quite a while now. But yes, during this weakness, we can see the occasional little bounce here and there. And so once again, I said in my last video that most likely within the next two days, within the next 1 to two days, we could start to see maybe another shorter term little bounce or relief like this. Not a huge bullish move. And so obviously it's been 1 day since I said that. And obviously I said 1 to two days. So potentially over the next one day, we could start to see just a slight little bounce. Remember, do not expect a huge bullish move. Maybe just one or two little green candles here.

[00:06:56]Maybe a bit of choppy sideways price action. Finally having a bit of a break from all of the bearish price action at some stage within the next day or so now that we're about to run into this crucial level of support here based on previous important support in the price.

[00:07:09]That's sitting at around 73.7K.

[00:07:12]And of course this low right here. We do have a small amount of support at just above 74,000 as well. And as we can see here, we are now flashing a new bullish divergence signal which is not confirmed. I want to make that clear but is something that is forming right now which could confirm if we start to see maybe a slight little bounce at some stage within the next day or so because we now at this stage have lower lows in the price in the candle closes. We have a slight lower low already confirmed and meanwhile the RSI at least for now is still forming higher lows but this still needs to actually be confirmed in place by seeing some sort of bounce like this confirm with candle closes confirming in place with the higher low in place in the RSI and so in order for this to actually confirm ideally we need to see a bounce before roughly 73 half th000 somewhere around this level of support here we need to basically hold this level in order to actually form and confirm this bullish divergence, which once again will likely result in just a slight little relief. Do not expect a huge bullish move, just a slight little relief, a bit of a break from all of the bearish price action, maybe for a couple of days or so. But remember, we need to confirm this higher low in place in the RSI with just a slight little bounce starting within the next day or so. Now, of course, if we start breaking back below around 73.7K, especially below around 73 12,000, in that situation, the next important area of support is in between around 70.8K to 71.3K.

[00:08:44]So, give or take 71,000 as the next price target towards the downside if we actually break back below around 73 12,000 as the immediate support to watch out for. And if we're taking a quick look at the Bitcoin liquidation heat map, we can actually see that just recently we started to build a little bit of liquidity below the price of Bitcoin at roughly 74,000 give or take.

[00:09:05]And right now, as of recording the video, we're pretty much testing and wiping out that liquidity already at just above 74,000. And we still have that massive level of liquidity building above the price of Bitcoin, still sitting at just above 78,000. So keep that in mind. That's still a level to watch out for in the Bitcoin price chart here. But remember, it's unlikely as of right now based on the current situation where the current price of Bitcoin is, it's actually now quite unlikely we'll go all the way back up like this towards above 78,000 based on this reason alone.

[00:09:38]Due to all of the other factors right now, considering the price is obviously making a new lower low after just confirming yet another lower high, which is technically just extending the shorter term bearish trend. Remember overall expect a lot of weakness in the shorter term which means of course it's unlikely that we'll hit the upside liquidity based on this reason alone because that is sitting above 78,000 and of course this local high was at pretty much exactly 78,000. We rejected from my exact resistance at 78,000 which of course means if we come back up towards this liquidity and wipe out this liquidity at above 78,000 that suggests that we could basically be making a new higher high in the price which based on the current trend once again is unlikely. That's basically calling for a trend reversal or a break or a change in this price structure. And so it was much more likely that we would have hit this liquidity if we saw the bounce in the last 24 hours. If we actually held this level here and continued to form the inverse center shoulders pattern, then of course it would have been much more likely, much higher probability outcome that would come back up towards this liquidity. But considering the fact that we did not hold that level and we just continue this short-term pullback, this is just showing that we're actually showing a lot more weakness. And right now, we are really looking quite weak in the crypto market. So basically, expect more weakness to come as a very likely scenario. But of course, it's not going to be a straight line. expect little bounces and reliefs along the way. So, I'm saying most likely within the next day, maybe in the next two days, but potentially in the next day or so, start to expect another slight little relief, but overall continued weakness is a very likely scenario over the next multiple days or weeks, talking about that sort of time frame. And so, that is an update on my expectations in the shorter term, the midterm, and the longer term situations and the key levels and signals to watch out for moving forward for the price of Bitcoin. And of course, 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 pinned comment, that first link below the video will take you to this page right here over on the week's crypto exchange, which by the way is a no KYC exchange, which means you can access this platform from basically any country in the world without needing any KYC. And just by using that first link below the video to actually make your week's account, you can claim a share of up to a 1 million USDT prize pool that is only available if you're using that first link below the video to actually make your week's account. And by the way, this is running for a limited time as you can see right here. And so simply just by trading crypto, you can come away with huge prices here. Once again, up to a million USDT price pool up for grabs just by trading crypto using that first link below the video. So once again, if you're going to be trading crypto anyway, definitely take advantage of this if you want to. And remember, Weeks is also a no KYC exchange. But with that being said, taking a quick look at the Bitcoin dominance chart on the 3-day time frame. And right now, we're continuing to see a bit of weakness in the shorter term in the Bitcoin dominance. basically still struggling and having a slight rejection now from this resistance in between 60.5% to 61% in the Bitcoin dominance which means some altcoins might actually start to be at least slightly outperforming Bitcoin or just holding up better than what Bitcoin is doing. I'm not saying all altcoins. I'm saying some altcoins right now, for example, with Bitcoin pulling back in the shorter term. A lot of altcoins will also likely pull back, but some altcoins might not pull back as much as what Bitcoin is currently doing is what this Bitcoin dominance is basically telling us right now. But overall, considering we're not really seeing a huge move in either direction, just a slight little pull back in the Bitcoin dominance, still a lot of the old coins on average are likely going to perform similar to whatever Bitcoin does here in the shorter term. And if we're taking a look at Ethereum, that is of course the case here for Ethereum on the 3-day time frame. Obviously, we're still rejecting from my exact area of resistance sitting in between 2.2K to 2.4K, especially that 2.4K level as a very strong level of resistance. So, keep that in mind. And if we're taking a look at the shorterterm moves on the 4hour Ethereum price chart, we've continued the multiple rejections here from this point of resistance at roughly 2140 to 2150. And then we've actually now broken below and retested and rejected from this level over the last 1 day and that was sitting at around 2080.

[00:14:00]So technically this is bearish price structure. We've broken below a point of support come back up tested that point and actually confirmed it as new resistance. That is price structure building in the bearish direction.

[00:14:13]Ultimately forming lower highs, continuing to form potentially lower lows, potentially starting to form and confirm very very soon here in the price of ETH, which is ultimately just continuing the bearish trend. And this is now starting to invalidate the previous bullish divergence here. So obviously it already played out very nicely with an initial bounce and then choppy sideways price action. The most common outcomes from a bullish divergence. But now once again this has basically been invalidated at this stage. And so especially if Bitcoin sees any further pullback here, it's likely that at some stage within the next few days or within the next week or so, potentially very soon we could see a break below this point of support for the price of ETH, which is sitting in between 2010 to 2030. So around 2010, just above 2,000 as a key level of support in the shorter term. And if we break below that level and especially if we fail to get back above that level in that situation, the next target is just above 1.9K around 1910 to 1930. And so obviously it's not going to be a straight line down. We can see the occasional little bounce from points of support, but overall expect continued weakness is my prediction moving forward. And if we're taking a look at XRP on the weekly time frame, right now the price of XRP is potentially sitting on the edge of a cliff. That is right.

[00:15:28]We are testing a key level of support that has been supporting the price over multiple months. But this could soon be breaking for the first time in a very long time for the price of XRP. And of course, I'm talking about the $130 support level, which by the way is a level and a price target that I've been talking about for almost a year at this stage since much much higher prices since the price was almost at $3 when no one else out there was talking about anything like these prices. I was talking about $130 as a likely price target for this bare market and a major point of support when pretty much no one else out there believed that prediction, but obviously that perfectly came true as expected. And right now we're now potentially breaking below that level which is signaling another massive move.

[00:16:14]So I'm making the warning now before anyone else is saying this. Right now expect most likely another massive crash still to come if we actually confirm this break. Right now, we've not yet fully confirmed the break. But if we confirm especially a weekly candle close below $130 and especially if we fail to get back above that area in that situation we could very easily drop down towards $1.13 potentially below a dollar down towards around 90 cents to $1 as the next major price target or major point of support to watch out for if we first confirm the break below $130 and then break below $1.13 as the next immediate target towards the downside. And so just measuring out those sort of moves right there from the current price of XRP to that next immediate target that could easily be around a 12 to 13% move down or to that larger price target potentially around almost a 30% dump still to come even from the current prices after all of the bearish price action we've already seen in this bare market. And so this is why I've been saying almost every day over the last couple of months. Yes, even though we're holding that$130 support level, we've not yet confirmed the end of the larger bearish trend. We've not yet confirmed any reversal out of the larger bare market. So, keep in mind the bigger picture, the longerterm situation. Still overall looking bearish, overall looking very weak for the price of XR up here. Obviously, just expect the occasional little bounce in the shorter term, especially at key points of support like a$130, which once again could soon be breaking a crucial level that we are now potentially about to break here. And if we're taking a look at the shorterterm moves on the 4hour time frame, once again, we're at that final significant level of support at $130 before potentially dropping towards much lower price targets still to come. So, keep that in mind. But we are possibly forming a shorterterm bullish divergence, but still needs to be confirmed. Obviously, we have lower lows in the price, possibly forming higher lows. But remember, like I said earlier, for Bitcoin, this possible bullish divergence still needs to be confirmed. And even if it does confirm, it's not necessarily a reversal signal.

[00:18:21]Do not expect a huge bullish move based on that reason alone. Even if that confirms, it'll likely just cause a slight little relief, a bit of a shorterterm break from all of the bearish price action before potentially continuing this bearish trend later on.

[00:18:35]But remember, you can profit from all of that bearish price action using things like short positions, for example, to actually profit while prices are dumping. So, stick around to the end of the video to find out more about all of that. But with that being said, taking a look at Salana on the 3-day time frame.

[00:18:50]And right now, Salana is still in this massive sideways price range that we've been in for almost this entire year so far. Still bouncing 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 4hour Salana price chart just over the last 1 day, we've now obviously broken back below that point of support at around $8350. And so, at this stage, we've now basically invalidated this previous bullish divergence. It already played its part relatively quickly. And now that we've broken below this point of support, basically testing the previous low in the price. Once again, we don't really have the bullish divergence active any longer here. But we could possibly form a new bullish divergence if we dip slightly below the previous low in the price while still maintaining higher lows in the RSI. But remember, for now, that is not currently confirmed. And as for support and resistance to watch out for, I'll now expect resistance at around $8350 and more resistance at give or take $86. And as for support, we're getting very close to testing this key level of support here at around 8150 to 8160. And below that, if we break below around $8150 with confirmation, in that situation, we could potentially see a move all the way down towards around $78 as the next major level of support. And if we're taking a look at the price of Chainlink really quick here on the 3-day time frame, of course, over the last 1 day, we've now actually confirmed another 3-day candle close well below that $9.50 level. So, of course, I already mentioned around 3 days ago. Now, we've already confirmed that first 3-day candle close back below $950, which was a signal that I talked about multiple days ago, telling us that we're obviously looking very weak. We're now invalidating that previous breakout above around $10. We've now clearly invalidated that breakout, which means now expect resistance again from in between $950 to $10. And as for support, we do have a bit of support at roughly $9, which we're pretty much testing right now. But if we break below $9, the next important area of support is in between $790 to $850. And it is looking very likely that in the coming weeks, not necessarily in the next 1 day, but in the next multiple days or multiple weeks, expect basically continued weakness and most likely a continued move down towards this next massive area of support in between 790 to 850 likely coming next in the coming weeks now that we've invalidated that previous breakout. And so overall, those are my expectations for the crypto market. Just basically a lot of weakness, especially due to the fact that we're seeing weakness in the crypto market while the stock market is still holding up relatively well. That's just basically an extra bearish signal for the crypto market. But remember, just be aware that it's not going to be a straight line down like this. It's very normal to see bounces and reliefs along the way. And potentially in the next day or so, especially if this bullish divergence confirms, we could start to see another slight little relief in the shorter term from all of this bearish price action before potentially seeing another bearish movement later on. And remember, if you want to trade any of these moves in the price of any crypto, check out the links below the video to those crypto exchanges. If you want to take advantage of massive bonuses and fee discounts and things like that, that are only available using those links. And if you want to actually know how you can trade crypto no matter what the price does, no matter what direction the price goes to profit at all times in the market, even during bearish markets, if you want to know how to make easy money, then make sure to watch these videos popping up priority 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 it and I'll see you all in the next