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Gm and happy Monday!
$BTC Update & Hyblock Heatmaps
The equal highs are swept, check the 7d heatmap, it tells the whole story.
And finally, Bitcoin hit the box that's been on the chart for weeks 🎯
That said, I'm expecting one more push higher into the daily EMA200 before going after the downside liquidity.
I'm eyeing 83k as local top now, give or take. But let's see what price action we actually get up here before planning our entries.
Possible but not as likely: sweep equal lows at 74, then 84k, then down.
Invalidation for the short setup: flip of the daily EMA200.
Have a great start into the new week and see you soon!