In this episode, Mariano the Trading Parrot discusses the recent developments in Bitcoin’s price action amidst the backdrop of key economic indicators like the PPI and core inflation rate. Mariano provides an in-depth analysis of Bitcoin’s market cycles, liquidation levels, order books, and compares current market conditions with past cycles. He also shares insights on potential breakout scenarios, liquidity levels, and important resistance and support lines. Included are reflections on Bitcoin’s performance over the past weeks, potential outcomes depending on market reactions to economic events, and forthcoming key levels to watch. Additionally, Mariano highlights upcoming events including a live stream with Benjamin Cowen on the Coin Bureau Trading Channel.
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TIMESTAMPS
00:00 Introduction and Bitcoin Update
01:20 Upcoming Events and Market Analysis
01:57 Bitcoin Price Action and Predictions
03:54 Technical Analysis and Market Patterns
13:13 Order Book and Liquidation Levels
17:14 General Market Overview
18:16 Conclusion and Final Thoughts
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
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