Lennaert Snyder|10月 23, 2026 18:03
BTC is being kept in a tight consolidation.
Last 2 days were extremely boring with very low volatility.
Bitcoin is consolidating in a tight range, and we all know consolidation comes before the expansion.
The directional move of the expansion? That’s up to the market to decide.
We’re going into the weekend now, so I’m covering my long exposure and set all trades to BE.
Weekend liquidity is thin and low probability, so for me all the reason to cover the risk.
Going into next week my directional bias is neutral.
If we get more downside I still stink we need to fill some orders slightly higher.
If we’re seeing more upside I’m waiting on a sweep either 80K/81K or below the current 79.8K low.
Boring periods are a part of the game, make sure to cover risk and don’t get shaken out (apologies for the telephone chart).
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