Gm and happy Friday! ☕️

Bitcoin Update & Hyblock Heatmaps

Let me be honest.

I didn't expect BTC to go this low.

Does it changes my bias?

No. Not yet.

I shared posts about distribution and weekly cycle low yesterday. Read them.

What we're seeing here is capitulation imo. And capitulation is often worse than we think before.

I experienced it a multiple times: The moment I get nervous and pissed, the market turns.

That being said, we need to see a bounce and reclaim of important levels very soon. Ideally the weekly close gets saved above 100k, leaving only a wick.

There is always the possibility that the market proves us wrong, so always be prepared for that as well.

And in the end, it's not about being right, it's about being profitable. I was wrong about Bitcoin for weeks, but I made very good money with Giggle, Pup, Pump, 4, Fil, Aster, Npt, you name them.

I hope you catched a part of this too.

And I hope you don't fall for larps who tell you that they are always right.

Nobody is - even if they tell you they called the exact bottom back then and they are always right.

I have screenshots of them calling for lower the half of the bull run, then deleting their posts and say they called the bottom. Don't believe everything you read.

Only believe the charts. And the chart tells us, we need a bounce. Asap. Or we're going lower for longer.

Have a good start into the weekend and see you soon!