Lennaert Snyder|Oct 08, 2026 08:11
BTC finally reached the 82.2K region after sweeping the 82.5K lows.
Some patience was needed, but we're at nice POI's for HTF Bitcoin trades.
The current low we printed is the first tap beneath the 82.5K lows and into the 82.2K region.
What we often see is that first bounces trap buyers, and then in a "2nd mouse" we sweep those and the real reversal comes.
So for longs I prefer one more test deeper into the 82K region, and waiting for triggers after.
The 82K region is a crowded an obvious POI, BTC likes to either frontrun it, or go deeper than expected.
That's why I'm always cautious at important levels like these.
We have unemployment claims coming at 08:30 AM. So probably no positions until after the release for me.
If we do see aggressive displacement to the upside after holding this current low, I'll look for continuations.
Long targets are filling that 85K gap and 86K range extremes, those are also both POI's for hedge-shorts after the trigger.
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