Lennaert Snyder
Lennaert Snyder|4月 20, 2026 08:35
BTC testing key levels here. My bias for Bitcoin is leaning slight bearish today. Why? We closed the previous weekly candle without an imbalance, and the current previous daily low is already taken. The current PA is also quite weak, so retests with potential bearish triggers on the 4h wick are valid. The previous daily high is laying at ~$76,240, and the 50% wick fill of the previous weekly candle is also laying there. So if we sweep and reject the PDH, I'm shorting, but if we reclaim it with strength, it would mean we get a daily clearout candle, which is a bullish sign and triggers longs towards 79/80K for me. My current short target, for when they're potentially triggered, is the previous weekly low at ~$70,566. Between the PWL and PWH is the arena for me now. Until one of them gets taken out, that's when the narrative gets decided imo. Overall nice volatility.(Lennaert Snyder)
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