Monday New Low: All Eyes On Next Levels - Bitcoin Today

Monday New Low: All Eyes On Next Levels - Bitcoin Today

In this episode of the Trading Parrot, we dive deep into the current state of Bitcoin as it hits a new low. We analyze multiple aspects of the Bitcoin market including price action on the 4-hour and daily time frames, the CME gap, monthly candle patterns, and potential liquidation levels. We also discuss the general markets, including the dollar and gold, and provide insights into the apparent market bearishness. Additionally, we make comparisons with previous market cycles, explore retail interest and whale activity in Bitcoin, and review significant levels like the 35 and 30 percentile on the RSI. Finally, we cover the latest on global markets and how they might affect Bitcoin's trajectory.

00:00 Welcome to the Trading Parrot
00:15 Bitcoin Price Action Update
01:50 Market Sentiment and Retail Behavior
02:56 Comparing Current and Past Cycles
04:51 Analyzing Support and Resistance Levels
07:16 Daily and Monthly Timeframe Insights
09:59 Whale Accumulation and Market Impact
19:03 General Market Overview
23:38 Trading Strategies and Psychological Insights
26:02 Promotions and Sign-Off

#BTCUSDT #BTCNews #Bitcoin2024 #btc #BITCOIN #technicalanalysis #crypto

🦜 *Join TTP* and access all indicators and tools: https://thetradingparrot.com/join
📊 *Access all TTP charts* https://thetradingparrot.com/charts

😍 *Try my favourite exchanges, bot platforms and crypto tools and get the best bonuses or discounts*

🔥 *Toobit* $9K Bonus + 40% fee discount https://www.toobit.com/t/TTPMARIANO
🔥 *ByBit* - get up to $30,000 USD bonus https://thetradingparrot.com/go/bybit
🔥 *BloFin* - get up to $10,000 USD bonus and 50% fees discount (Non-KYC) https://thetradingparrot.com/go/blofin
🔥 *OKX* - get 25% trading fees discount and $200 bonus https://thetradingparrot.com/okx
🔥 *Binance* - get free 100 USDT https://thetradingparrot.com/go/binance-2
🔥 *LUXALGO* - get 30% off premium indicators https://luxalgo.com/?rfsn=7319962.bc4156
🔥 *HYBLOCKCAPITAL* - get 15% discount https://hyblockcapital.com/referer/FX5SDJ
🔥 *Material Indicators* - get 15% discount using the code TTP15 - fire charts https://materialindicators.com/?ref=53298
🔥 *TradingView* - get up to $30 https://www.tradingview.com/?aff_id=30026&source=discord
🔥 *3Commas* - get 50% yearly discount https://thetradingparrot.com/go/3commas-3
🔥 *Altrady* - get 12.5% sign up discount _(use coupon "tradingparrot")_ https://app.altrady.com/?a=tradingparrot
🔥 *Gainium* - get 36% discount to trade and backtest bots https://thetradingparrot.com/archives/15078
🔥 *WickHunter* - Bot trading for FREE using link https://thetradingparrot.com/wickhunter
🔥 *Koinly* - get $20 off discount. Calculate your taxes in minutes with https://koinly.io/?via=8BF39B7C
🔥 *Pionex.com* - get 20% fees discount https://www.pionex.com/sign/ref/npxtla8X2T
🔥 *Tangem* - get 10% discount when buying a Tangem hardware wallet, use code ZXZC8L https://redirect.sale/tangem/?promocode=ZXZC8L
🔥 *TradingDifferent* - get 15% off https://tradingdifferent.com/code/f17Ur3Sq

TTP Merch 👕🧢 https://thetradingparrot.creator-spring.com

📣 *TTP Social* 🦜
➡ *Discord* - https://discord.gg/thetradingparrot
➡ *Telegram* - https://t.me/TradingParrot
➡ *Twitter* - https://twitter.com/TradingParrot
➡ *Instagram* - https://www.instagram.com/thetradingparrot/
➡ *Facebook* - https://www.facebook.com/TheTradingParrot/
➡ *TradingView* - https://www.tradingview.com/u/TheTradingParrot
➡ *Patreon* - https://patreon.com/thetradingparrot

🦜Trade *Trading Parrots NFT* collection 🥳
🔥 https://opensea.io/collection/trading-parrots

⚠️ *DISCLAIMER*
This video is not intended for UK/US residents.
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.