Lennaert Snyder
Lennaert Snyder|Oct 08, 2026 14:59
BTC gave us the 2nd sweep we discussed this morning and bounced. The 82K region now had its 2nd test as mentioned this morning, it's important to not rush here. HTF POI's and reversals often need time, and impatient buyers and late shorts are already getting trapped. What I would like to see is Bitcoin continuing to engineer BSL to the upside, and then squeeze the fomo-shorts that are opening at these prices. If you're looking for longs, just wait patiently on your entry-model and enter accordingly. I'm already long because I always enter based on 1M executions to get sharp entries within the move. For me timing and price were right, so on my 1M model I executed. I took 1 tp at 82.7K, and I will take more partials at 83.8K and the 85K gap. I already adjusted my stop to beneath the 82K low on the 1 minute, that's the benefit of entering on the LTF. Keep in mind that price can go way deeper if bears stay in control, the whole grey box is valid for + a sweep below 80.1K is also very interesting for longs. Lets see if price has enough fuel to reverse, otherwise some more stabs into the lows are possible. It all comes down to staying reactive in this region, and execute when your model occurs.
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