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Gm and happy Friday ☕️
$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!