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Retest + Upside - 15th Jan Save This Date - Bitcoin Today
Retest + Upside - 15th Jan Save This Date - Bitcoin Today
In this episode of TheTradingParrot, we delve into Bitcoin's recent price movement above $100K and analyze the imminent retest. We explore key levels to defend on the four-hour and daily timeframes to sustain December's bullish momentum. Drawing parallels to patterns observed four years ago, we discuss fractals, inflation impacts, and interest rate adjustments. The episode also covers detailed RSI analysis, potential inverse head and shoulders patterns, and the implications of liquidity movements. We evaluate short-term and long-term liquidity dynamics, bid-ask liquidity, and fair value gaps to give a comprehensive outlook on Bitcoin's potential trajectory. Subscribe, hit the notification bell, and join us for this critical market analysis.
00:00 Introduction and Welcome
00:07 Market Overview and Retest Explanation
00:42 Historical Patterns and Price Movements
02:58 Technical Analysis: RSI and Support Levels
06:39 Potential Patterns: Head and Shoulders vs. Cup and Handle
09:22 Daily and Weekly Analysis
14:07 Whale Activity and Market Sentiment
21:10 Order Book and Liquidity Insights
26:10 Long-Term Projections: January 15th BTC Cycle TOP Linear Regression Analysis
28:47 Promotions and Sign-Off
#BTCUSDT #BTCNews #Bitcoin2024 #btc #BITCOIN #technicalanalysis #crypto
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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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