Lennaert Snyder
Lennaert Snyder|9月 24, 2026 07:48
BTC hit our 83.8K long-POI and is trying to hold. Those who follow know we've been looking at this level since the beginning of this week. I personally longed Bitcoin after the second tap into the 83.8K level. My long targets are all the IRL points I highlighted in the chart. As of now, the 83.5K PDL is being defended this London session, and I'd like to see the 84.8K IRL get taken out. My bias is bullish overall but short continuations after the trigger are valid if the setup is legit. For me to short, I'd like to take out 84.8K to wipe out late sellers and fill that void above at around 85.2K. If the above happens and I get my trigger, I'm willing to take a counter-trend hedge-short. Imo you should already be positioned long, but another opportunity could be if we keep consolidating and sweep the 83.5K PDL + strong bounce back. This dump resulted in a huge drop in open-interest, showing the market was heavily long. So we're seeing a small consolidation phase to accumulate orders, building liquidity on both sides.
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