Bitcoin’s inverse head and shoulders breakout on the 4-hour turned into a fakeout, now retesting daily support at RSI 49. Will BTC bounce from the 61–62 liquidity zone or face a deeper correction toward $59K? The Trading Parrot analyzes order book shifts, MACD cross risk, and the key levels that decide the next move. Watch to see if the daily pattern still targets $75K or if momentum is shifting bearish. Hit play for the full breakdown.
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00: 00 Inverse Head and Shoulders Breakout at 64
01: 33 One Hour Chart and Line in Sand at 61
02: 42 Breakdown and Double Bottom Formation
04: 27 Daily Timeframe Support and RSI 49
05: 40 MACD Bullish Cross and Bearish Risk
07: 57 Order Book Bid vs Ask Shift Analysis
09: 55 CBD 1-Hour Signal and Longs vs Shorts
10: 39 Fair Value Gap and Rejection at 65,700
⚠️ *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 #CryptoAnalysis #TechnicalAnalysis #TradingParrot