A daily retracement

The same morning on bitcoin, where the weekly and the daily disagree, and the rally inside a bearish daily turns out to be the part you were waiting for.

Gold gave a reading where every chart agreed. Bitcoin, the same morning, gives the more common case.

The weekly and the daily disagree

Bitcoin's weekly has been rising for weeks. Higher highs, higher lows, direction up.

The daily has just closed at 63,700, below the 64,100 swing low. That is a daily break of structure down. Weekly up, daily down.

Weekly up and daily down is a normal morning, not a broken chart.

The daily still decides

You follow the daily, so the word for today is seller.

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