Lennaert Snyder
Lennaert Snyder|5月 19, 2026 07:57
BTC bounces from a very interesting level. As mentioned yesterday, we tapped a very interesting long-POI on Bitcoin. We bounced from the HTF range extremes + monthly open price. Besides that we created a lot of buy-side liquidity in the move down. Currently, we're holding the 76K previous daily low, and as long as we hold that, my bias for today is bullish. I positioned long yesterday evening, and I'm targeting the internal range liquidity within this daily range. Best case we retest the 80K imbalance to look for quality shorts there. Why shorts there with a bullish bias? Because my daily bias is bullish, but we can all see that the local trend is still down. In fact, every sweep of IRL I marked is valid to short after the reaction. But for me, the biggest edge is in the range extremes. So I prefer to position myself in those area's. So basically it's monitoring orderflow from here, and potentially long the continuation after taking the 77.8K PDH. Shorts are still vert interesting, but according to my system I need higher prices for that. Great day everyone.(Lennaert Snyder)
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