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100K Bitcoin - These Are The Steps - Bitcoin Today - Powell's Speech
100K Bitcoin - These Are The Steps - Bitcoin Today - Powell's Speech
In this episode of 'Trading Parrot', we discuss the potential volatility in the Bitcoin market expected later today due to Powell's speech. We delve into various patterns on the daily and four-hour timeframes, exploring liquidity incentives and crucial RSI levels such as 75, 87, 61, and 35. The video provides an in-depth analysis of potential scenarios based on historical data, liquidation patterns, and open interest trends. We also cover market signals from ETFs and Big Whale distribution. The discussion includes practical trading tips, such as the importance of risk management and opportunities with breakout strategies. Follow us on social media for live updates and more insights.
00:00 Welcome to the Trading Parrot
00:07 Market Overview and Expectations
00:53 Bitcoin Price Analysis
01:57 ETFs and Market Sentiment
02:22 Powell's Speech and Market Reactions
03:18 Technical Analysis: Patterns and Indicators
04:14 Trading Strategies and Risk Management
09:32 Long-Term Market Trends
14:19 Liquidations and Market Behavior
24:21 Final Thoughts and Social Media Updates
#BTCUSDT #BTCNews #Bitcoin2024 #btc #BITCOIN #technicalanalysis #crypto
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