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Gm and happy Monday! ☕️
Bitcoin Update & Hyblock Heatmaps
Bullish start to the week!
BTC pumped straight into resistance, leaving a tiny CME-gap at 104k.
Doesn't really matter if it fills, or if we spend a bit time consolidating here - what matters is that we don't get a hard rejection to the lows.
Instead Bitcoin needs to turn 106k into support again.
The key areas to flip for a bullish continuation:
106k - '24 high area
110k - May high area
117k - Range high area
Have a great start into the new week!