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Bitcoin update & Hyblock Heatmaps
There's the drop towards the golden pocket, just as expected.
We had a lot of liquidations, but a look at the CME chart shows: the CME gap still hasn't been closed.
To close it, we need to see another 1.8% drop. That would bring us exactly to 113k, which is the 0.786 level and also a highlighted area on the 7-day heatmap.
If this level doesn't hold, then 110k is the main s/r-level, although I'd be surprised if we retraced that far.
Have a great start into your weekend and see you soon!