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Breakout Retest OR... Are We Rolling Over? - Bitcoin Today
Breakout Retest OR... Are We Rolling Over? - Bitcoin Today
Join us as The Trading Parrot tackles the latest Bitcoin market movements, analyzing the significant factors behind the retracement from 70K to 65K. This episode covers crucial aspects such as the CME gap, key levels, open interest trends, and the potential bearish MACD cross. We also explore the impact of long-term holders, liquidity levels, and stochastic RSI on the monthly scale. Discover the historical effects of these patterns, the influence of other markets, and the challenges of breaking the 70K selling wall. Stay updated on altcoins, market trends, and valuable trading insights. Plus, don't miss our special collaboration with Coin Bureau and exclusive updates tailored to keep you ahead in your trading game.
00:00 Welcome to The Trading Parrot
00:39 Analyzing Recent Market Movements
00:54 Community Engagement and Updates
02:16 Bitcoin's CME Gap and Market Dynamics
03:55 Technical Analysis: Patterns and Indicators
08:49 Market Sentiment and Future Predictions
11:09 Gold and Dollar Impact on Bitcoin
13:10 Liquidity and Market Pathways
13:20 Scalping Chart Liquidity Pools
13:47 Short-Term Bitcoin Movements
14:17 Four-Hour Timeframe Analysis
15:04 Liquidity and Liquidation Levels
16:00 Resistance and Market Manipulation
18:23 Net Longs and Shorts Delta
22:10 Stochastic RSI and Market Forecast
25:03 Final Thoughts and Recommendations
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⚠️ *DISCLAIMER*
This video is not intended for UK/US residents.
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.
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