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4H Breakdown Trap: Update On My Long - Bitcoin Today
4H Breakdown Trap: Update On My Long - Bitcoin Today
In this episode, we delve into the mechanisms and potential movements of Bitcoin as it approaches the critical $100K level. The host discusses recent trades, potential bullish signals on indicators, and various data points such as the CME closing price, the leverage squeeze, and liquidity pools. There's a significant emphasis on managing trades carefully amidst high volatility and the current bullish trend. The episode also provides insights into broader market conditions, key levels to watch on different time frames, and the potential impact on Bitcoin's price. Additionally, the host highlights the importance of viewer interactions to support the channel, outlines general market behavior, and offers advice on trading strategies while targeting both short and long-term opportunities.
00:00 Introduction and Recent Trade Overview
00:30 Analyzing the Current Market Breakdown
01:26 Daily and Weekly Market Insights
02:20 Potential Pullbacks and Psychological Levels
02:59 Leverage Squeeze and Market Indicators
03:55 MACD Bull Cross and CPR Levels
05:54 RSI and Support Levels Analysis
07:14 Liquidity Pools and Selling Walls
19:36 General Market Conditions and Strategies
21:18 Conclusion and Final Thoughts
#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.
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