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Bitcoin Rebounds Above $71K: My Immediate Action NOW
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Bitcoin rebounds above $71K after Trump's post sparks a market reversal — and The Trading Parrot is taking immediate action. Watch as this analysis breaks down the short position entered at $71K, key levels at $72,500, $75K, and $77K, and critical downside targets at $64K, $62K, and $44K. Using CME gaps, MACD, RSI, SOPR, Fear & Greed Index, and live whale flow data, this video explains exactly what this move means for the broader bear market. Know the bear market ladder levels before trading. Watch now before the next move plays out.
00:00 Introduction: Bitcoin Reclaims $70k on Trump Post
00:23 Do the Opposite of Trump Trading Strategy
03:37 CME Gaps: Weekend Formation and Risk Analysis
06:43 4-Hour Chart: Head and Shoulders Breakdown
10:51 Weekly Chart Close and Bear Flag Setup
13:39 Weekly RSI Roadmap vs 2022 Bear Market Pattern
15:45 SOPR: Profit-Taking Signal Missed at $76k
16:44 Fear and Greed Index Returns to Extreme Fear at 8
19:52 Cup and Handle at $71k Neckline and Trade Setup
21:29 Double Bottom Scenarios and Capitulation Targets
26:06 Whale Activity and Fire Charts Analysis
30:25 Downside Projection and Bear Market Ladder Levels
#Bitcoin #BitcoinAnalysis #CryptoTrading #BTCPrice #BearMarket