$BTC 🔥 Morning Bitcoin technical update: Bitcoin breakdown of mid and higher time frames. ---------------------------- (1D Time frame) : We identified earlier on my new evening post last night that Bitcoin was showing bearish divergence on the OS phantom indicator. That did in fact lead to further weakness like I suggested and told everyone. Its now time to look at the health of the Daily time frame to determine mid term outlook 👇 Bitcoin is still on a strong phase 2 uptrend on the Daily time frame and has not yet been effected by the lower time frames. We have a red resistance zone that I have spoken in depth about. We now have to just be patient and let these sell orders be absorbed. Price in at the higher end of my channels on many time frames so further pullback or basing here sounds about right. As always I will monitor all this for everyone so you know where to come for some clarity and peace of mind. If you guys engage in the comments as much as you all did in the last update I will GLADLY keep helping by posting updates both on the new morning Bitcoin mid term posts, and the evening lower time frames 4hr post like the one last night that gave everyone heads up on this move. 🤝
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