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$BTC Update & MMT Heatmap
BTC is now dropping back towards the descending channel resistance after the breakout to up near local range highs.
This is the key area to watch.
A sustained acceptance above this structure opens the door for continuation into that 74K liquidity cluster.
However, failure here would trigger another rotation lower as the market continues to seek the imbalance and liquidity resting toward the low 60Ks.
Momentum is building - but confirmation still comes from structure holding above this trendline.