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Gm and happy Friday! ☕️
Bitcoin update & Hyblock Heatmaps
As I once said: when the breakout happens, it won't leave any questions.
We have a clear bullish retest of the former main resistance. Don't be fooled by the perma bears - this is a real breakout that will take BTC significantly higher. Period.
I expect we'll pump a bit further today, and then, likely starting this weekend, we’ll enter a phase where things calm down a bit.
Normally, you’d expect a few days of countertrend price action - a small correction within a bull flag, for example.
But Bitcoin can be a bit special sometimes: after ATHs, it often cools down for a few days while still slowly consolidating upwards or sideways.
We'll see. But after these few days of catching breath, the next pump is almost certainly coming.
Have a great start into the weekend and see you soon!