Lennaert Snyder
Lennaert Snyder|10月 24, 2026 08:53
BTC finally swept the 80.6K low. As mentioned earlier this week, there's a lot of spot pressure between 80K-81K. Bitcoin finally took out the low, but it happened after Fridays P.M. session so the timing isn't great. Price just keeps consolidating and it's weekend now, so probably a flat Saturday followed by a potential Sunday pump. This week ended with bearish momentum, currently testing an important support region. The current state as I view it, is indecisive, there's enough to say for upside and downside. Because of that, my positioning is neutral. Only the 85K short is still running, the long is out at BE. Last days were boring, but remember, the market often bores everyone out before a major move occurs. I always stay very sharp when things get boring, this doesn't mean you have to stare at dead PA though. Just set your alarms on price, and make sure that you're alert when the market decides its next move. The only possibilities in this local region are longs towards 82.1K BSL and above for me. Either after confirmations between 80K/81K, or after the sweep + reclaim of 79.8K. Shorting here would mean shorting the lows, that's not where I have the probabilities in my favour.
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