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Gm and happy Friday! ☀️
$BTC Update & MMT Heatmap
Price now at 70k after bouncing off the top of the channel which is now acting as support.
With the upper trendline now acting as a support zone I'm bullish from here, looking for BTC to go back toward the liquidity clusters above at $76k+.
Price will gain momentum as trapped shorts will unwind and late positioning gets forced higher.
For now, holding this channel boundary as support is key.
As long as price continues to defend this region, upside pressure should build.