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Bitcoin Double Bottom Failing — Can BTC Reclaim $61,500 in July?
Watch now 👉
Watch summary 👉
Bitcoin's double bottom pattern is failing as price consolidates sideways below $61,500. The Trading Parrot analyzes the bear flag formation, liquidation pools, and conflicting signals from long/short data. With the monthly CPR level breached and RSI near 30, a potential 10K drop to the low 50s is on the table. Watch now to see if BTC can reclaim $61,500 in July or if deeper downside awaits.
00:00 Bitcoin Short-Term Liquidation Pools & Fakeout
02:11 Four-Hour and One-Hour Timeframe Analysis
04:59 Daily MACD Bullish Cross Battle
07:11 Conflicting Signal: Longs vs Shorts Data
09:03 CPR Level & Monthly Pivot for July
11:30 Fractal Predicts 10K Move Down to 49K
14:37 RSI Weekly: Potential Second Below 30
18:10 Summary: RSI, Longs vs Shorts, Order Levels
#Bitcoin #BTC #DoubleBottom #TechnicalAnalysis #Crypto