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Bitcoin update & Hyblock Heatmaps
There are only 2 targets at the moment:
Either we’ll soon see a new ATH, or 113k as our downside target (I’ve already explained several times why).
118k - the level we talked about yesterday - has held for now.
This is where the POC and the 4hEMA50 are located, meaning there are two strong support levels in play.
It's simple: If BTC loses the 118k level along with those strong supports, then 113k becomes very likely.
Let’s see if Bitcoin can break through 119.4k.
Have a great day and see you soon!