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Bitcoin At 63K: Break Out Or Break Down? 61,000 Decides
Watch now 👉
Watch summary 👉
Bitcoin is testing critical support at $61K-$62K, with a potential breakout above $63K or breakdown to the $50s. The Trading Parrot analyzes key levels, order book data, and his own swing trades (long Solana, long Bitcoin from $58K, plus a new scalp short) to show how to manage risk in both directions. Watch now to see which path BTC takes and how to trade it safely.
00:00 Introduction and Trade Overview
02:58 One Hour Support and RSI Bounce
05:52 Managing Three Trade Scenarios
09:24 Weekly Timeframe and Falling Wedge
12:38 Trade Suggestion: Bounce at 62
14:56 SOPR Indicator for BTC and ETH
18:49 Fire Charts and Order Book Analysis
22:21 Final Decision and Giveaway
#Bitcoin #BTC #CryptoAnalysis #TechnicalAnalysis #Trading