Remember what I said about #Bitcoin needing to be in a DISCOUNT of a specific Range, Well, as I mentioned 6 days ago, we saw Bitcoin in a Discount of that specific Dealing Range High & Dealing Range Low It tapped into the Midpoint of that Range & went just below it... into a DISCOUNT Then we saw Bitcoin shoot up $4k higher So simply put, this expansive move we have seen today on Bitcoin is due to the fact it tapped into a DISCOUNTED level of a specific Range it's operating in, & then proceeded to move higher This is Smart Money concepts in action Boom 🎯

I still would like to see #Bitcoin break out of this range convincingly to get more clarity https://t.co/g17AM2WXwb

#Bitcoin is continuing to dance between those levels Not too much going on just yet https://t.co/AHwMa2wqZ8

The Midpoint of the Daily Wick of October 15th proving to be a formidable support level #Bitcoin tapped it precisely & shot up $1400 from there https://t.co/4RQk9ZXVlv

Note how #Bitcoin is dancing around those levels I outlined yesterday https://t.co/e9DIGlnvQ1

You can now utilize today (Friday the 16th's) Daily Candle's Wick as a level of Support Specifically the mid-point of it, being $81.1k This level is a level of Support for #Bitcoin If it overtakes it on the downside, it'll bode well for seeing BTC cascade lower But as long as it stays above that $81.1k level, it'll act as a Support level

This Daily Order Block level at $81.6k is currently resistance for Price First chart is the Daily Timeframe Second chart is the 1 hour time frame Therefore keep in mind the earlier Support level of that Daily Wick at $80.6k It's dancing in between these 2 levels at the moment https://t.co/o4lfIMQ7dN

So as it stands, these 4 levels are the current Support & Resistance levels on #Bitcoin The Mid Point of the 2 Daily Wicks from Thursday & Friday The Daily Order Block Opening Price & the Mid Point of the Daily Order Block Whichever way we see Bitcoin overtake these levels, we shall see a shift in that specific direction Meaning if we see Bitcoin overtake the Mid Point of the Daily Wick levels on the downside, we'll see it cascade lower But if we see Bitcoin overtake those Daily Order Block levels to the upside, we shall see it proceed higher

#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

What you are seeing is algorithmic order flow visually represented via the candlesticks only Obviously I'll miss moves here and there but I'm posting whenever I can