{"id":262105,"date":"2026-08-11T09:05:03","date_gmt":"2026-08-11T09:05:03","guid":{"rendered":"https:\/\/ushopwell.com\/ublog\/btc-fakeout-bitcoin-holding-daily-support-bounce-or-deeper-correction\/"},"modified":"2026-08-11T09:05:03","modified_gmt":"2026-08-11T09:05:03","slug":"btc-fakeout-bitcoin-holding-daily-support-bounce-or-deeper-correction","status":"publish","type":"post","link":"https:\/\/ushopwell.com\/ublog\/btc-fakeout-bitcoin-holding-daily-support-bounce-or-deeper-correction\/","title":{"rendered":"BTC Fakeout! Bitcoin Holding Daily Support \u2014 Bounce or Deeper Correction?"},"content":{"rendered":"<div class=\"youtubomatic-video-container\"><iframe loading=\"lazy\" width=\"580\" height=\"380\" src=\"https:\/\/www.youtube.com\/embed\/QLH5D3AAgU8?autoplay=1&#038;controls=1&#038;hl=en\" frameborder=\"0\" allowfullscreen><\/iframe><\/div>\n<p>Bitcoin&#8217;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\u201362 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.<\/p>\n<p>\ud83d\udc40 Win a TTP Giveaway \ud83e\udd9c\ud83e\udd9c\ud83e\udd9c &#8211; Try NOW: <a href=\"https:\/\/exlynk.com\/giveaways?v=QLH5D3AAgU8&#038;s=yt\" target=\"_blank\">https:\/\/exlynk.com\/giveaways?v=QLH5D3AAgU8&#038;s=yt<\/a><\/p>\n<p>\ud83d\udd25 *ALL my discounts, tools and offers in one place* \ud83d\udc49 <a href=\"https:\/\/links.thetradingparrot.com\" target=\"_blank\">https:\/\/links.thetradingparrot.com<\/a><\/p>\n<p>\ud83d\udce3 *TTP Social* \ud83e\udd9c<br \/>\n\u27a1 *Crystal Gains* &#8211; <a href=\"https:\/\/www.youtube.com\/@\" target=\"_blank\">https:\/\/www.youtube.com\/@<\/a>CrystalGainsTTP<br \/>\n\u27a1 *Patreon* &#8211; <a href=\"https:\/\/patreon.com\/thetradingparrot\" target=\"_blank\">https:\/\/patreon.com\/thetradingparrot<\/a><br \/>\n\u27a1 *Telegram* &#8211; <a href=\"https:\/\/t.me\/TradingParrot\" target=\"_blank\">https:\/\/t.me\/TradingParrot<\/a><br \/>\n\u27a1 *Twitter* &#8211; <a href=\"https:\/\/twitter.com\/TradingParrot\" target=\"_blank\">https:\/\/twitter.com\/TradingParrot<\/a><br \/>\n\u27a1 *TradingView* &#8211; <a href=\"https:\/\/www.tradingview.com\/u\/TheTradingParrot\" target=\"_blank\">https:\/\/www.tradingview.com\/u\/TheTradingParrot<\/a><br \/>\n\u27a1 *Discord* &#8211; Patreon ELITE members and Indicators members are manually invited (for technical discussions: coding, backtesting, implementing and using automation)<\/p>\n<p>00: 00 Inverse Head and Shoulders Breakout at 64<br \/>\n01: 33 One Hour Chart and Line in Sand at 61<br \/>\n02: 42 Breakdown and Double Bottom Formation<br \/>\n04: 27 Daily Timeframe Support and RSI 49<br \/>\n05: 40 MACD Bullish Cross and Bearish Risk<br \/>\n07: 57 Order Book Bid vs Ask Shift Analysis<br \/>\n09: 55 CBD 1-Hour Signal and Longs vs Shorts<br \/>\n10: 39 Fair Value Gap and Rejection at 65,700<\/p>\n<p>\u26a0\ufe0f *DISCLAIMER*<br \/>\nThis video is not intended for UK\/US residents.<br \/>\nThe 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.<\/p>\n<p>#Bitcoin #BTC #CryptoAnalysis #TechnicalAnalysis #TradingParrot<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin&#8217;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\u201362 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&#8230;.<\/p>\n","protected":false},"author":1,"featured_media":262106,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","tve_updated_post":"","tve_custom_css":"","tve_user_custom_css":"","tve_globals":{},"tcb2_ready":0,"tcb_editor_enabled":0,"tve_landing_page":"","_tve_header":"","_tve_footer":""},"categories":[1],"tags":[],"class_list":["post-262105","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BTC Fakeout! 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