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BTCUSD Daily Inflection Point

By Mikhiavelli
Updated
BTCUSD Weekly Inflection point

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This is a continuation of the Weekly Inflection Point.

On the daily we're getting close to a crucial area. A downward move here may indicate a large move, correction on the weekly, daily. 16k could easily be hit. There is also the potential for this momentum consolidation to have a breakout leg to 77-88k before a final correction.

Watch for a break above or below the keltner channel. If the stock market is about to tank because WW3, the debt bubble created in 2008-2020, then Bitcoin will get shocked with it while everyone scrambles for PM's.

After maybe bitcoin will be revived when people realize there isn't enough PM's out there, else some world wide digital currency emerges.

Either way I have little hope for bitcoin, unless the NWO backs it because of the transparent transactions that can be traced, blacklisted, non fungible- control. Such a currency is a fools hope and will be used against you when tyranny seeks control over you.
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Bada Bing
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Bada Boom
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Bada Bing
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Bada Boom
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👀👀👀
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Uh oh

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snapshot It's close.
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Can't tell if we're at the peak of the channel or breaking out- We're in breakout territory, but I expect some Issues by november to emerge in the markets. Bitcoin may lead the way down; or try to breakout to 77k before november. There are some low time frame, 1 hr momentum shifts, which maybe consolidating to move higher, but also signal the potential top as momentum is dying, consolidating, and in position to shift the market bearish.

We're in the crucial zone, the inflection point.
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Unless we get a big rejection, looks like this is the breakout leg to ~77k.
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So far there had just been consolidation, There are two 1 hour momentum shifts potentially forming a 3 hour shift. Waiting to see if we start the correction or not...

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3 Hour is breaking out, starting to look bullish.

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snapshot Potential rejection in key area on the daily. 1 Hour momentum shift, not a strong signal, likely consolidation.
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Price broke out, and is in bull territory on the daily, needs to build momentum, else a potential top remains.
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Weekly is in a key area- for break out or break down. If bitcoin doesn't follow gold and silver... then it might choose to follow the market after the election. 11.11
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Not much of an update, but things sren't looking so hot for bitcoin, and I'm leaning bearish still.
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Things are getting very interesting
Trade active
77k Hit Is it the top? Am I a dollar off the top?
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By all means this looks like it could keep going up.

If it breaksdown it breaksdown.
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After a win for "humanity" against the NWO- Hope filling the hearts of people, There remains a tension in the air.

Can you feel it?
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89k and now pre-market is dropping - bitcoin following... US10Y Starting to rotate back down.
You Are Here -> 10YR YIELDS
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1 Hour, Potential 3 hour, Potential Daily Momentum Shifts.

⚛ soon?

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😉☢
Trade closed: target reached
!!!
Bitcoin (Cryptocurrency)BTCUSDChart PatternscryptocryptocurrenciesCryptocurrencydollarTechnical IndicatorskeltnerchannelkeltnerchannelsbandsTrend AnalysisWEF
Mikhiavelli

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