#Bitcoin Daily Update 🫡 BTC seasonality – what do you think about seasonality? Does it still hold, or have ETFs and institutional capital disrupted it so much that these charts are now just folklore? We’re still missing the typical panic and capitulation of paper hands to mark the bottom. For someone to buy in large volumes, someone must be willing to sell—and the best way to trigger that is to incite a panic sell. BTC H1 Liquidation Heatmap – nice clusters have lit up near key supply and demand zones. BTC M30 – Market Profile/TPO. Zones/clusters, critical levels determined by weekly TPO + Order Book. Here’s an interesting detail from the order book heatmap: A solid wall of buy limit orders just below the current consolidation, totaling nearly 4.5k BTC. But remember, such orders can be canceled at any time. BTC H1 – Yesterday’s demand zone from the M30 has been broken. I mentioned this morning that volume looked weak 😅 We now have two zones to test—at the low and high of this impulse. On yesterday’s rebound after the US open, a broad H1 demand zone emerged. Currently, we’re moving sideways as if ruled by a straightedge. This evening, a powerful mental boost will arrive on the channel in the form of a video 😎 Stay tuned 🫡 Cheers and have a great Saturday 😎
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