Lennaert Snyder
Lennaert Snyder|Aug 11, 2026 14:31
BTC NY-session gave a little pump and dump. Bitcoin is still consolidating between the two key levels at 65.4K & 63.9K. I'm still waiting on some sort of directional move before even considering a trade. Open interest showed this tiny pump happened because of shorts closing, and this shows that the market is short here. Not a lot of buying strength to be found yet, and a move to the downside makes more sense if you ask me. Intraday target remains the 63.3K low, but then again it's pre-CPI and we all know BTC has a will on its own. Probably no real follow through until after CPI tomorrow. Trading plan the same as shared this morning.(Lennaert Snyder)
+5
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads