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Gm and happy Wednesday! ☕️
Bitcoin update & Hyblock Heatmaps
Yesterday was the highest daily close for Bitcoin ever. Another confirmation of the bullish thesis (invalidation at 110k).
Therefore, for me, still 2 scenarios:
1) This is breakout, retest, resumption of the continuation pattern.
2) This is a fakeout to the upside and we soon see a drop into the golden pocket / CME-gap. Then back up.
If wrong, scenario 1 will be invalidated soon. Then I will place my bets on scenario 2.
Have a great day and see you soon!