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Bitcoin REJECTED at $65K — Bear Flag Breakdown! Are We Heading to the $50s?
Watch now 👉
Watch summary 👉
Bitcoin has been rejected at the critical $65,700 neckline, triggering a potential bear flag breakdown that could send prices into the low $50s. The Trading Parrot breaks down two key setups: a short-term scalp long opportunity near $62K support and the alarming weekly chart signal showing a 2x acceleration zone to the downside. With SOPR hitting 1.02 signalling heavy profit-taking, a head and shoulders pattern targeting $58,300, and the bear flag measuring to the low $50s, the risk is clearly skewed lower — watch now to get the exact levels and risk management strategies you need.
00:00 Bitcoin Rejected at $65,700 Neckline Setup
01:41 SOPR at 1.02 Signals Increased Rejection Risk
04:12 CVD Aggressive Buying at $62K Support
05:10 Longs vs Shorts RSI Approaching 70 Overbought
07:52 Liquidation Map: 100x Longs Swept Below June 19 Low
09:24 Scalp Entry at $62K: Invalidation and Risk Sizing
14:01 Daily Candle Intracandle Support Test at $62K
16:34 Shorts Entering at Support: Liquidity Building 62K-67K
19:18 Delta Flat, Whale Rack Pulling Monthly
20:24 S&P 500 Weekly Support Test and Macro Overview
22:07 Weekly BTC Kiss of Death: 2x Acceleration Zone
25:37 SOPR Red Signal and Head and Shoulder Breakdown Target
#Bitcoin #BTC #BitcoinAnalysis #BearFlag #CryptoTrading