Video: BITCOIN & STOCKS BREAKING OUT (All Time Highs)!!! - Bitcoin News Today, Ethereum & Altcoins
Generated: 2026-04-17 00:08:12
Status: ok
Video URL: https://youtube.com/watch?v=wLOLkVRFAHU&is=errosdnr1EMD47GN
Josh presents a bullish short-term outlook for the crypto market, heavily influenced by the US stock market hitting new all-time highs, which acts as a bullish tailwind. He emphasizes that while the longer-term bearish trend isn't fully reversed, the immediate trend and momentum are clearly bullish. The key focus is on Bitcoin breaking a major resistance level, which would signal a potential trend reversal and propel the market significantly higher.
Current Situation: Bitcoin is retesting a massive resistance zone between $72,000 and $76,000. A confirmed breakout and hold above $76,000 is critical.
Trading Opportunity / Short-Term Move: Josh highlights an immediate opportunity. Liquidity is building just above $76,000 (around $76.1K-$76.2K), suggesting a potential push to test that level soon. A successful breakout above $76,000, confirmed by a daily or 3-day candle close, would be a massive bullish signal targeting the mid-$80k range (~$86,000). Until that breakout is confirmed, there is a risk of rejection at $76,000. He also notes that recent short-term overbought pullbacks are considered "buy the dip" opportunities within the prevailing bullish trend.
Current Situation: Following a similar structure to Bitcoin. It has broken above short-term resistance and is approaching a crucial level at $2,400 on the 3-day chart.
Trading Opportunity / Short-Term Move: A confirmed breakout and hold above $2,400 would signal a reversal of the larger bearish trend, targeting $2,800 - $3,300. Like Bitcoin, it just experienced a short-term cool-off from an overbought condition, which may continue for hours or a day, but the overall short-term trend remains bullish.
Current Situation: Lagging behind Bitcoin and Ethereum in bullish momentum. On the 4-hour chart, it is testing a key short-term resistance area between $85-$86.
Trading Opportunity / Short-Term Move: A breakout and hold above $86 could see a move toward $90, with stronger resistance expected in the $95-$100 range. The larger trend reversal would only be confirmed with a breakout above $100-$105.
Current Situation: Also lagging in momentum but following the short-term bullish trend. As of recording, it was breaking past resistance near $0.538.
Trading Opportunity / Short-Term Move: The next major resistance to watch is at approximately $0.544.
Current Situation: Trading in a range with strong resistance between $9.50-$10.00.
Trading Opportunity / Short-Term Move: A confirmed breakout and hold above $10.00 would be extremely bullish, targeting $12.00.