10/10 Channels Wrong About Bitcoin Breakdown #Bitcoin #TechnicalAnalysis #CryptoTrading

Added: 2026-05-06

[00:00:00]Hello guys, welcome to the train part.

[00:00:01]The 10 out of 10 channels out there are screaming that we are breaking down from this ascending parallel channel. And in yesterday's video, I tried to make sure that you were well aware that there's still a potential for upside. And no, I'm not only looking at the liquidity on the top end, which is something impossible to ignore by the way, but I explained to you that we've been throughout this full move to the upside.

[00:00:28]The trap has been always the same. You break down on the 4 hour, then you reclaim and go for a higher high. This one in here, let's connect the dots.

[00:00:38]Breakdown, reclaim, higher high. Number three, breakdown, reclaim higher high.

[00:00:44]And yesterday, I was thinking, what if they do it for a fourth time? And that is an opportunity for a scalp that can lead the RSI into 60 which is more or less a price of $78,000.

[00:00:57]So far we have been $100 away from the target intra candle. It was not just retail being trapped now shorting.