Lennaert Snyder|Jun 06, 2026 08:43
BTC monthly perspective for June.
This month started with Bitcoin immediately losing the previous monthly low.
Given the fact that monthly clearout candles are extremely rare, it's safe to say the 82.8K previous monthly high is not a target for this month.
Price is entering a very interesting bigger support box, and we also left a bunch of liquidity behind in the last dump.
Within this box, it's likely that we're going to see some rangebound/chop, but also potential relief bounces.
Therefore, I'm monitoring PA closely here for new intraday range trades and longs towards higher buy-side liquidity.
Best case we get a deep flush next week to trigger more long liquidations and trade the fresh volatility.
Looking forward to next week.(Lennaert Snyder)
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