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Gm and happy Monday! ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin is tightening up in this pattern (see chart) and the longer it compresses, the more liquidity is stacking up on both sides - check the heatmaps, it's building fast.
Be ready for liquidity hunts and fake outs at this stage.
And be aware, the real action starts behind the key levels (59k-65.7k). A break in either direction won't be a small move, the fuel is there, it's just waiting for a trigger.
Everything below 65.7k is bearish, so personally, I'm expecting fake moves up and then another move down. But this can chop around here for some more time first.
Have a great start into the new week and see you soon!