Whales Gave Up? Or More Rally? - Bitcoin Today

Whales Gave Up? Or More Rally? - Bitcoin Today

In this episode of The Trading Parrot, we examine Bitcoin's recent price movements and the potential for upside. We broke above 103K and are retesting it as support, but is this a long-term bullish signal or a potential trap? We'll discuss open interest, key technical indicators, and liquidity zones. We also delve into a range of other cryptocurrency-related topics, including altcoin movements, ETFs, and the perspectives of industry experts like Benjamin Cowen and participants from Coin Bureau. Stay tuned for a detailed analysis and make sure to subscribe for more updates.

00:00 Introduction and Market Overview
00:47 Recent Updates and Collaborations
01:25 Bitcoin Price Analysis
02:12 Open Interest and Market Signals
05:34 Weekly and Daily Timeframe Analysis
08:31 Risk Management and Trading Strategies
24:50 Ethereum and Altcoin Analysis
28:18 Final Thoughts and Recommendations

#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.