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Gm and happy Wednesday! ☀️
$BTC Update & MMT Heatmap
Price still grinding inside that lower portion of structure, small bounce off the lows but nothing impulsive.
Looks more like positioning than reversal.
We’re going to tap 69k today but that will just run into supply before continuation lower into the heavier liquidity sitting mid–low 60s.
On the upside, supply is still building around 72K.
But every push into that zone so far has been sold, until that shifts, rallies just look like fuel.