The start of a new trading week on BTC. Looking at the weekly candles on Bitcoin, we see that the previous week left a big wick. We know that big wicks are a draw on liquidity, so that's important to take into account. My bias is leaning bearish, and as long as we reject the ~$73,800 previous weekly high, the thesis is valid. I'm already positioned short, but I'm willing to add if I get a nice setup. The perfect setup for me, would be to get at least a 50% wick fill of the weekly wick around $72,273 and get a bearish trigger for shorts there. The above would also mean that we also fill the CME gap we left behind, so that strengthens the POI. Taking out the ~$70,504 PDL first would be even better as extra bearish confluence. My target for the shorts is taking out the previous ~$67,723 weekly low (PWL). Besides the PWL being an important liquidity target, there's still an unfilled CME gap laying there + range low area. I'm simply not looking for longs here because we trade near the range highs.(Lennaert Snyder)