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BTC Looks Strong — Here's Why I'm Still Shorting
Watch now 👉
Watch summary 👉
BTC has broken out on the 4-hour chart with RSI confirming, but on-chain data reveals weakening longs and rising shorts, signaling a potential top. The Trading Parrot explains why he's still shorting despite the strong price action, targeting key levels at $64k, $66k, and $69k. Watch to see his exact trade setup, risk management strategy, and how he profits from both directions.
00:00 Intro and 4H Breakout Overview
01:38 Weekly Wrap and 1H Liquidity Hunt
03:41 4H Breakout and RSI Resistance
05:08 Daily Timeframe and CPR Pivots
08:32 Weekly Stochastic and MACD Cross
10:00 Short-Term Holder Realized Price
12:54 Short Opportunity Setup and Data
16:25 Bid/Ask Flip and Risk Management
#Bitcoin #BTC #CryptoTrading #Shorting #TechnicalAnalysis