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BTC Breakdown: First Time Below This Since 2018 | Mid-60s Rally vs Rejection to 50s
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Watch summary 👉
Bitcoin is at a critical juncture as it trades below a key weekly wedge for the first time since 2018. This data-driven analysis breaks down the 4-hour RSI breakout, liquidity traps, and the fragile double bottom driven by retail. Discover why the bullish divergence narrative may be premature and what levels could trigger a rally to $64K or a rejection into the $50K range. Watch now for honest, rational analysis and risk management insights.
00:00 Intro and 4H RSI Breakout Potential
05:00 Upgrade to 4-Hour Chart Squeeze
09:55 Bullish Divergence Not Yet a Pivot
12:00 Trade Plan: Scalp vs Swing
14:25 Base Scenario Remains Downside
16:08 CPR Monthly and Weekly Analysis
21:08 Macro: Trump Tweets and S&P Double Top
23:01 Monthly Head and Shoulders Pattern
26:06 Ethereum SOPR at 0.90
28:57 Three Falling Wedges Deep Dive
30:33 Weekly Close Below Support Since 2018
36:06 RSI Cycle Analysis and Uncertainty
#Bitcoin #BTC #CryptoAnalysis #TechnicalAnalysis #TradingParrot