Video: BITCOIN CRASH WARNING: This is Coming Next!! - Bitcoin News Today, Ethereum, Solana, XRP & Chainlink
Generated: 2025-09-27 00:36:54
Status: ok
Video URL: https://www.youtube.com/watch?v=76mJ_r8fGlk
Josh's overall market evaluation indicates a short-term bearish trend for Bitcoin, marked by a bearish divergence, with a potential for a slight relief bounce or sideways consolidation in the short term. He emphasizes the importance of support and resistance levels and highlights the significance of the upcoming October, historically a bullish month for Bitcoin, following a potentially bearish August and September.
Weekly Chart: The super trend indicator is green, signaling a larger bull market. However, there is a massive bearish divergence to watch out for, which Josh has been pointing out since July-August, suggesting a potential slowdown, but not necessarily the end of the bull market.
3-Day Chart: A short-term bullish relief was observed recently, but a bullish crossover is not yet confirmed. The MACD indicator is relatively neutral, suggesting no significant momentum in either direction.
Daily Chart: The price rejected the Fibonacci level at approximately $117,000. A bounce soon, that doesn't go any lower from the current price, could potentially complete an inverse head and shoulders pattern (bullish).
4-Hour Chart: A short-term bearish divergence is active, indicating either bearish or choppy sideways price action. The RSI has hit oversold for the first time since August 19th-20th. A slight bounce or sideways consolidation is anticipated for a day or two. The short-term trend has broken down, with lower lows and lower highs now forming. The liquidation heat map shows the liquidity wiped out below the price.
Historical Performance: August and September are often bearish months for Bitcoin. However, September is almost over, and Q4 is historically bullish, especially October. Josh predicted a larger cool-off in August and September.
Funding Rates: Many funding rates are below neutral, with some, particularly for Ethereum, being negative. This could open a possible opportunity for a bullish move causing short liquidations.
Trading Strategy: Josh is out of his Bitcoin long positions and has been taking profits around $117,000.
Bitcoin Dominance: Bitcoin dominance is experiencing a short-term bullish divergence, which is not good for altcoins.
Ethereum: ETH is trading in a sideways price range, between support and resistance, as predicted.
8-Hour Chart: Breaking below the support of ~$4,470 - $4,500 was a major bearish signal. The price has failed to break back above this area and has flipped it into new resistance, which is bearish. Also, the price broke below the $4250-$4280 area, leading to a major bearish move.
Josh expects a similar price action for Ethereum, as he said for Bitcoin, over the next day or two.
Solana (SOL): Breaking below the $230 level.
There is a short-term bearish move, but the price is still within a larger bullish trend. A bearish divergence is active on the 12-hour chart.
XRP: Still influenced by a massive bearish divergence on the weekly time frame. Trading in a sideways price range.
XRP is likely to follow Bitcoin's price action.
Chainlink (LINK): Forming a lower low, confirming a lower high.