$BTC Update & Hyblock Heatmaps



OMG, it was way too hot the last days to work... who can relate?

Regarding Bitcoin, we don't have a close below 59k, not even a 4h close, which is stronger than I expected. We're consolidating here right at main support between 59k and 60k.

But be aware, once 59k gets lost, the next flush will follow.

Bottom is not in yet imo, but we can see some chop first.

If BTC breaks 60.7k, we could even see a bit of a counter trend move for some days.

Have a great start into the new week!
BTC-1.31%
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OwlChainViewer
· 3h ago
Happy new week, hope not to be liquidated this week.
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HotAirBalloonViewing
· 4h ago
59k is holding up quite firmly, but I still feel it's precarious.
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LittleSunOfStainedGlass
· 4h ago
Wait for a confirmed breakdown below 59k with volume, just observe for now.
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DrinkWaterBeforeTheMarket
· 4h ago
Didn't break 59k but also didn't see volume increase, typical grinding market.
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DexterRamen
· 4h ago
If 60.7k breaks through, I'll consider taking a small position to catch a bounce.
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GweiGossip
· 4h ago
It's true that it's so hot I don't want to look at the charts. Summer trading is hell mode.
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