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$BTC Update & MMT Heatmaps
Bitcoin has rotated back into the 70k region after clearing the recent downside liquidity.
We’re now trading directly beneath a dense cluster of overhead positions, which makes this area pivotal.
The sell-side imbalance from earlier in the week has thinned out, and price is attempting to build acceptance higher.
From here:
Sustained strength above 70k would likely trigger continuation into the larger liquidity pockets above.