Lennaert Snyder|4月 06, 2026 08:12
BTC strong start of the week.
Bitcoin is still trading above the ~$65,000 previous monthly low (PML).
As long as price shows bullish orderflow above the PML, my target for longs this week is ~$76,000 (PMH).
We already took out the previous weekly high (PWH) today, which means that statistically, the chance of holding the ~$65,712 previous weekly low is high.
We can see that this last H4 impulse left a big imbalance, and the monthly open price is also in that zone.
So if we get a nice retest of the ~$68,280 imbalance, I'll look for longs after reversals with ~$72,000 liquidity as target for this week.
After sweeping ~$72,000, I'll monitor price to see if we get bearish intentions for potential hedge-shorts.
Losing the ~$65,712 PWL invalidates my bullish thesis for this week. Expecting a deeper sweep when this happens.(Lennaert Snyder)
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