Lennaert Snyder
Lennaert Snyder|9月 17, 2026 07:51
BTC protected the 75K low during FOMC yesterday. The FOMC statement and press conference release was exactly what the market already expected. No surprises mostly lead to a less volatile reactions as we've seen. I wanted Bitcoin to sweep lower, but not getting exactly what you want is a part of being in the market. For now, I'm more interested in longs because OI shows that these last dumps pulled in a lot of shorts. Liquidating those shorts and that untested daily wick gives me enough confluence to look for longs. I'm looking to scalp-long towards the 77.3K POC first, reclaiming that is the next bullish trigger that opens the door to my next targets up to the extremes at 78.5K. Initial jobless claims is being released at 08:30 (ET), if this comes in slightly higher that expected a bullish move is likely. That we didn't get the deeper sweep doesn't mean that scenario is invalid, so if we sweep into my 74.5K support box I'm still looking for long triggers. If the news release comes in bearish for risk assets this scenario can still be triggered, so be cautious around 08:30. Probably looking for positions during NY-session after the news is released.
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads