BTCUSD - Daily Inflection Point, Oh Boy!

We're at a crucial spot on the daily. We've rejected numerous times from the 50% retracement of ~68k-~27k, a crucial level to confirm the double top. Some people think a 30k drop is a correction in bitcoin. In reality that is just a little noise compaired to the 90% 5th wave corrections we've seen in the past, you must view bitcoin logarithmically, and the real correction will be much greater, probably to 10k maybe in extreme events, 1k...

4hour:

2hour:

This is not financial advice.

코멘트:

Just as soon as it was looking like a bullish breakout, rejected.

코멘트:

코멘트:

Need the follow through for a bullish breakout; on the verge of a bearish breakdown again.

코멘트:

Inflection fake out and now breakdown:

코멘트:

코멘트:

Update, price tried to breakout but was rejected (perhaps manipulated?) and is back in breakdown territory. Seems to be surpressed. I expect some fireworks soon.

코멘트:

코멘트:

Mikhiavelli Knows!

코멘트:

It was only a matter of time.

코멘트:

This ride isn't over yet.