$BTC Update & Hyblock Heatmaps Bitcoin is slowly trending down and no longer in a compression below resistance. This is post-distribution phase, and the market is deciding whether this zone becomes a base or a pause before continuation. From here: Stabilization and consolidation at this level would be a first sign of strength. Failure to hold opens the door to a deeper sweep into the next lower liquidity pools. Have a great day and see you soon!
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Gm and happy Thursday ☕️
$BTC Update & Hyblock Heatmaps
Bitcoin is slowly trending down and no longer in a compression below resistance.
This is post-distribution phase, and the market is deciding whether this zone becomes a base or a pause before continuation.
From here:
Stabilization and consolidation at this level would be a first sign of strength.
Failure to hold opens the door to a deeper sweep into the next lower liquidity pools.
Have a great day and see you soon!