Bitcoin Update & Hyblock Heatmaps
🔹 Long-term: Bullish, especially for Q4.
🔹 Mid-term: Still uncertain. Will we range for a while, move up, or see another low? No one truly knows. My stablecoins are ready at altcoin lows from Black Monday, just in case.
🔹 Short-term: We’ve seen a bounce at the May low, right at the 0.5 Fib level, which aligns with expectations.
I’m now watching the reaction around the 59.2k resistance, where the EMAs converge. If $BTC gets rejected here, we could see a continuation to the downside. The golden pocket is a possible target, which would align with liquidity needs by sweeping a significant low.
We’ll see how it plays out. Enjoy your weekend and see you soon!
