Lennaert Snyder|Aug 10, 2026 08:13
BTC start of a fresh new week.
We're basically still in the same position, and trading against the highs.
The HTF target for bigger swing shorts is still 68.1K+ since we've been building liquidity against that for a while now.
For intraday positions, the only near possibility I see is a short since I'm not longing this high in the range + grinding PA.
I'm still well exposed to shorts, and I'm willing to add if we get a bearish trigger after the 65.5K PWH sweep.
My target for a potential move to the downside is 63.3K if we sweep the PWH first.
If we dump from here I'm just letting my current shorts run with potential scalps along the way.
Bitcoin is stuck in this range for a while now, so hopefully we'll see a breakout this week.
Probably quiet PA until NY-open today.(Lennaert Snyder)
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