BTC finally took out the ~$79,400 equals. As discussed a lot in the previous week, those equals were just a matter of time. Start of a new week, so I chose the daily Bitcoin chart for a clear overview of this weeks gameplay. Price immediately took out the ~$79,485 previous weekly high, so the probability of holding the ~$74,937 previous weekly low (PWL) increased significantly. My bias is bullish, so I'm mainly focused on longs. Logical targets are the daily imbalance at ~$81,118, and for this week the weekly imbalance at ~$86,074. The ~$86,074 IMB is my most bullish target for this week, and will be used as final TP for longs. To position myself long, I'm looking at two scenario's. The previous weekly candle left a big wick, and it didn't got mitigated that well. So a deeper retest of that wick, the 50% fill for example, could be a nice long-opportunity. But I'm also staying reactive here, so if orderflow continues to give bullish signs, I simply try to follow and enter on continuations. I'm interested to see how this daily candle closes. With a big imabalance? I'll try and long the continues the rest of the week. If it closes weak with a big wick on the upside and no imbalance, the probability of getting that wick retest is high. My bullish thesis gets invalidated if the PWL is taken. Good luck this week everyone.(Lennaert Snyder)