$BTC Update & Hyblock Heatmaps

Bitcoin looking no bueno.

Happy to be wrong here and see this hold as a bottom with a sharp recovery.

But looking at this weekly candle, it's hard to argue for the bulls right now. To me this reads clearly lower: mid to low 50s over the coming weeks, with a new range forming here.

The good part: this could be the last period of pain over the next months before we get an early new bull phase...

BTC
BTCUSDT
61,075.5
-4.33%