Gm and happy Tuesday! ☕️
Bitcoin update & Hyblock Heatmaps
I still expect the bear flag to break downwards, even though there’s already been a fakeout (see circle).
This is actually a good rule of thumb: when there’s a deviation like that and the price returns back into the pattern or range, it usually continues all the way to the other side. You can see that quite clearly here as well.
Since we now have a pretty clear flag, I’m expecting the next leg down to go below 100k rather than just to 102k. 
That’s what I’d most like to see: bear flag breakdown, liquidations & strong bounce, then higher.
Have a great day and see you soon!
