Bitcoin Double Bottom or Breakdown? Key Levels to Watch Now

Bitcoin faces critical resistance at 116K after forming a potential double bottom pattern. Short-term holders are capitulating with 70,000+ BTC sent to exchanges at a loss since July 31st. Key support lies at 112-114K range, while liquidity pools at 120K present upside targets. ETF outflows persist but Ethereum shows relative strength with increasing open interest. Technical analysis suggests sideways action before potential V-recovery, though breakdown below 114K could trigger deeper correction to 108K support levels.

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00: 00 Welcome and Community Poll Results
01: 01 Position Management Strategy and RSI Analysis
02: 01 Google Trends and Retail Interest Decline
03: 01 Long Position Management and Resistance Analysis
04: 05 Short-Term Holder Analysis and SOPR Metrics
05: 11 Ethereum vs Bitcoin Open Interest Shift
06: 05 ETF Flows and Air Gap Analysis
08: 03 ETF Performance and Institutional Activity
10: 26 Patreon Community Updates and Market Position
12: 05 Open Interest Analysis and Leading Indicators
15: 05 Four-Hour RSI Levels and Support Analysis
18: 08 Daily RSI Update and Momentum Analysis
21: 03 Weekly Chart Analysis and SOPR Breakdown
24: 03 Exchange Deposits and Net Taker Analysis
26: 36 Liquidity Pools and Risk Management
28: 57 Order Book Analysis and Whale Activity
31: 04 General Markets and Altcoin Season Analysis
34: 10 Ethereum Strength and Wrap-Up Summary

⚠️ *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.

#Bitcoin #BTC #TechnicalAnalysis #Ethereum #CryptoTrading