Lennaert Snyder|Jul 07, 2026 14:55
BTC NY-session finally getting some movement.
Started off very boring, but let's see if we get the long-scenario on Bitcoin today.
First aggressive longs have been filled, I'm looking a bit lower in the 62.5K/61.8K area. Only trading the reaction.
The better RR long-plan is the entry beneath in the 60.6K area, same plan when we get there.
63.8K was a bearish retest where people filled their shorts, so we have a battle between two forces here.
Hopefully we get enough volatility today even though we have FOMC minutes tomorrow.
Markets often tend to have less volatility and liquidity the day before an event like FOMC minutes.
More rangebound and "awaiting" price action, so don't fomo or chase price here.(Lennaert Snyder)
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