Lennaert Snyder
Lennaert Snyder|Aug 08, 2026 08:32
BTC left equal highs at 65.4K and consolidates into the weekend. We have equals at the 62.3K PWL and 65.4K now, liquidity is stacked at both sides. This week on Bitcoin was quite slow, and at this point I just want to raid the highs to get proper setups. We tested the highs and price is holding quite well, that pressure is something I'm not shorting at the moment. Next week I might take a short if we get rid of those equal highs and get a proper sweep. The HTF target is still 68.1K, which would also mean we sweep the previous monthly high. When the above happens, I'm looking to position for a bigger retracement/swing. Closing one of my shorts to reduce exposure and take some additional profit, no new trades until next week open. Enjoying the weekend for now.(Lennaert Snyder)
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