Lennaert Snyder|Jun 18, 2026 08:04
BTC dumped after the pre-FOMC pump as expected.
We printed on the long yesterday, and for today there might be an interesting short opportunity.
We lost the previous daily low, so the 66.5K high is my invalidation for shorts today.
Yesterdays dump left a daily imbalance at 65.3K, if this gets mitigated I'm looking for shorts after my trigger.
My max target for the short this week is the 62.3K IRL, will close 75% of the short there.
I understand the thesis for longs because we're still holding the 64K level. If I'd longed the liquidity grab at 64K, I'd use 65.3K as target for today.
Nice volatility on Bitcoin overall, so good trading opportunities imo.
Good luck today everyone.(Lennaert Snyder)
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