Lennaert Snyder|May 06, 2026 08:13
BTC is pushing against the previous daily high.
I'll try to keep it as brief as possible this time so I don't write too large texts.
Bitcoin is currently trading between the previous daily high (PDH) and previous daily low (PDL).
Overall bias is bullish, so if we gain the ~$81,791 PDH, I'll simply try to follow the bullish orderflow (imbalances, liquidity sweeps etc.).
When on the 4H timeframe we start losing the lows, I'll scale-in scalp-shorts towards the ~$79,808 PDL and possibly lower.
The 50% wick fill at ~$76,813 of the previous weekly candle is still a very nice long-opportunity if it occurs.
I've my alert set there, and will enter if I get my trigger after the retest.
Good luck today everyone.(Lennaert Snyder)
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