BTC tries to hold the 79.2K PWL as we start a new trading week. My plan for Bitcoin is basically the same as shared yesterday. The current 79.2K PWL is also the weekend low, so I actually prefer to sweep it and mitigate the SSL beneath. The sweep could deliver nice longs after the trigger towards 82K BSL. I like the region between 78.3K and 79K, but I'm using triggers since we can't predict how deep the sweep will go. Scalp-longs are possible if we hold this low and start reclaiming 81K with strength, but that's not the setup I favour personally. For potential short continuations I need higher prices, my first quality POI is in the 82.3K-82.8K region. We have nice confluences there with BSL and a 4H + daily imbalance, I'll look for bearish triggers when we test it. Same approach if price decides to sweep higher in those imbalances at the 83.5K region. Both POI's are valid, but the first one in line has stronger confluences with the higher timeframes. Keep in mind that it is FOMC-week, we often see rangebound/chop until after the release this Wednesday.