Lennaert Snyder|Sep 08, 2026 07:46
bitcoin:native keeps rejecting and is almost at my 77.8K long-POI.
My short-limit got triggered at 79.4K, and I'm still in the long from 77.5K.
I'm approaching this as a range until Bitcoin chooses direction.
The 77.8K region is where I'll look for long-triggers, after the trigger only because macro is still bearish with rising odds of a rate-hike this month.
If price doesn't hold the 77.8K region, I'm defensive with longs and would prefer to test sub 75.5K.
The 80.8K region is still valid for shorts after the sweep+ trigger, but I don't see price testing that today.
We already lost the PDL, so holding the 80.4K PDH is more probable than taking it out.
Would be nice to catch the long today towards the 80.8K region later this week and look for trades there.
If the long doesn't get triggered I'll simply let the short run and wait for better POI's.(Lennaert Snyder)
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