Pullback DONE? Key Levels To Confirm - Bitcoin Today

Pullback DONE? Key Levels To Confirm - Bitcoin Today

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In this episode of The Trading Parrot, we discuss the current state of liquidity and price movements in the crypto market. Despite high activity, no definitive reversal signs to the upside are observed yet. We analyze recent price actions including the impact of CME closing prices and discuss key resistance levels such as 100k and 94.88. We also delve into various breakout scenarios and highlight important indicators on four-hour and daily timeframes. Additionally, insights on market sentiment, probable price movements, and trading strategies are provided. The video concludes with a discussion on upcoming options expirations and their potential market impact, alongside recommendations for using Bybit and Bluffing Exchange for trading.

00:00 Introduction and Channel Update
01:06 Market Summary and Key Events
01:49 Technical Analysis: Resistance and Support Levels
06:08 Daily Timeframe Insights
09:02 Weekly and Long-term Projections
12:41 Promotions and Closing Remarks

#BTCUSDT #BTCNews #Bitcoin2024 #btc #BITCOIN #technicalanalysis #crypto

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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.