
#Bitcoin respected the 50% of the Daily Order block and failed to truly stay above it. That level being $82.4k If you look at the Daily chart, Bitcoin only Wicked it with a Daily Candle Wick, & so the Daily Candle’s body stayed below that $82.4k Resistance, while the Daily Wick did the damage By the Daily Candlestick’s body staying below the $82.4k level & instead leaving a Wick, That it is a bearish signature letting you know price wants to go down instead There’s a hierarchy. The higher timeframe narrative takes precedence over the lower timeframe. So the 4 hour support level I showed is subordinate to what the higher timeframe is doing, that being the Daily move that I outlined Even though I wanted to see price go higher, We had this bearishness occur due to what I just described
