BTC is testing the 65K high. As mentioned earlier this week, we see how important the 64K level is. One 4H close above that momentum line triggered a move to the upside. My long entry at 63K was too defensive and Bitcoin pumped without me, part of the game. As of now, the only possible trade for me would be a short towards the 63K region. We're testing a short-POI here, but best case we get a push higher to trigger more liquidations first. I'm watching the reactions in this area, preferably after the sweep of the 65K PDH. We can even go higher and take out the 65.4K high or PWH before the setup arrives. If we take the PWH most of my shorts wil be taken out BE after the profits of last week, so happy to scale new ones. For longs it's simply too high in the range, so I'm waiting for the trap move higher to then short the reaction. Let's see if today gives a nice setup.(Lennaert Snyder)