BTC Update & Hyblock Heatmaps
Bitcoin got rejected at the exact point we anticipated for weeks 🎯
That said, BTC is still looking stronger to me then expected. The rejection is not hard, not even 2%.
A real HTF breakdown should begin with a min -5% day. So imho the situation is very much open here, 100% not the time to long tho - never long into resistance.
If Bitcoin flips the resistances, we could see a further rally, but that is not confirmed yet.
The bearish scenario is still more likely. Already took a first small short position, will rather pay a stop then letting the opportunity slip I waited for weeks. Looking to cut or add depending on the price action we'll see in the next days!
Have a great start into the weekend and see you soon!
Bitcoin got rejected at the exact point we anticipated for weeks 🎯
That said, BTC is still looking stronger to me then expected. The rejection is not hard, not even 2%.
A real HTF breakdown should begin with a min -5% day. So imho the situation is very much open here, 100% not the time to long tho - never long into resistance.
If Bitcoin flips the resistances, we could see a further rally, but that is not confirmed yet.
The bearish scenario is still more likely. Already took a first small short position, will rather pay a stop then letting the opportunity slip I waited for weeks. Looking to cut or add depending on the price action we'll see in the next days!
Have a great start into the weekend and see you soon!
👍3❤1
BTC Update & Hyblock Heatmaps
Bitcoin consolidating below main resistance, while liquidity is building up on both sides (see heatmaps).
Don't expect anything to happen today, but from tomorrow evening on, we're getting in the time window where we can expect to see the big move coming.
Bias is a hard rejection and move down to high 60s. But open to a bullish scenario IF we get it. But before BTC needs to break the 82-84k area.
Enjoy your weekend and see you soon!
Bitcoin consolidating below main resistance, while liquidity is building up on both sides (see heatmaps).
Don't expect anything to happen today, but from tomorrow evening on, we're getting in the time window where we can expect to see the big move coming.
Bias is a hard rejection and move down to high 60s. But open to a bullish scenario IF we get it. But before BTC needs to break the 82-84k area.
Enjoy your weekend and see you soon!
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BTC Update & Hyblock Heatmaps
Very strong weekly close for Bitcoin. Highest since Feb.
Directly dumped after to flush out longs. Holding above 80k is strong, much stronger than a hard rejection.
Thus said, Bitcoin is still consolidating BELOW the main resistance area. Per bias, wicks higher is are potential short entries. Happy to flip bullish once BTC flips 82-84k into support.
Very strong weekly close for Bitcoin. Highest since Feb.
Directly dumped after to flush out longs. Holding above 80k is strong, much stronger than a hard rejection.
Thus said, Bitcoin is still consolidating BELOW the main resistance area. Per bias, wicks higher is are potential short entries. Happy to flip bullish once BTC flips 82-84k into support.
BTC Update & Hyblock Heatmaps
Bitcoin is consolidating in a very tight range just below the main resistance. Could be topping out here - this week or next at the latest.
Still open to the more bullish scenario, but that only comes into play if Bitcoin can flip 84k. Until then, the more likely scenario is a move down into the 60s and all altcoins pumps right now being exit pumps.
Bitcoin is consolidating in a very tight range just below the main resistance. Could be topping out here - this week or next at the latest.
Still open to the more bullish scenario, but that only comes into play if Bitcoin can flip 84k. Until then, the more likely scenario is a move down into the 60s and all altcoins pumps right now being exit pumps.
👍2
BTC Update & Hyblock Heatmaps
Bitcoin consolidating below the key resistance. The big move will come soon - just a waiting game
Bitcoin consolidating below the key resistance. The big move will come soon - just a waiting game