Lennaert Snyder
Lennaert Snyder|Nov 13, 2026 10:17
BTC bounces after repricing towards 67.6K. The short from yesterday became a runner, profits for the week locked after a quite boring period. GG if you took it. Right now, you see Bitcoin shows a small bounce into the first 1H inefficiency at 69.5K. After a drop like this, I don't rush into new positions and give price time to re-accumulate. If you look on the 4H you see we barely filled the wick, so I'm anticipating on a deeper fill and ideally a lower low. The region between 65.1K-67.5K is a very important HTF support region where I'll be looking for long-triggers/reversals. To the upside on the 1H we see we left lots of bearish inefficiencies. Those could be utilised for potential scalp-shorts. Note that they are very late shorts, and I'm only willing to execute if we didn't get that deeper fill as mentioned above. Best case we fill the current 1H imbalance, and get a nice short-trigger in NY after the PPI-release. The quality short-POI on the 4H is the rebalancing of the 72.7K low, but I don't see that happening today. Best case for me we get a rejection in one of the lower two imbalances, a push lower, and then long-triggers for a nice relief bounce.
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