BTC Update & Hyblock Heatmaps

Bitcoin with a texbook liquidity sweep.

That's why I don't count this as a lower low that breaks the daily uptrend yet.

Instead, this is range behaviour and BTC is holding the key level 75.7k.

Lose 75.7k -> go down to 69k.
Hold 75.7k -> more chop and liquidity sweeps in both directions

Have a great start into the week and see you soon!

BTC Update & Hyblock Heatmaps

Bitcoin holding stronger than expected and is sitting right at our key level, refusing to break down.

If it forms a higher low here on the daily, that could set up another move higher. At minimum a liquidity sweep, check the heatmaps.

This is what extended ranging does, liquidity stacks up on both sides, so the next move is going to be a big one.

BTC Update & Hyblock Heatmaps

Yeah - that's why 75.7k was our key level all the time.

Short from 81.9k is printing. Targeting 69-70k as first target as said a million times, love to see the plan playing out so well.

BTC Update & Hyblock Heatmaps

Locked in 75% of my short profits. After the 10%+ drop from the local high, we could see a bounce here.

Maybe we get something like we had in March (see the highlighted area in the Bitcoin chart).

This would give us another short opportunity from 75.7k or the Moving Averages (80k-ish).

Have a great start into the weekend and see you soon!

BTC Update & Hyblock Heatmaps

Weak HTF closes for Bitcoin. Looks primed for a continuation to the low of the wedge.

Have a great start to the new week and see you soon!