Lennaert Snyder|Aug 15, 2026 08:36
BTC holds the 62.3K PWL into the weekend.
We had a good week again, printing nicely on the shorts from the 65.5K highs.
Today and tomorrow could give some scam-pumps here and there, I guess we all know the drill now.
Bitcoin is still stuck in the range, and it's basically trading the range until invalidated.
63.9K remains an important momentum line/mid-range, sweeps with a bearish reaction are interesting for short-scalps.
If we gain 63.9K again and show acceptance, long-scalps to the 65.5K highs are valid.
For bigger longs I want price to go below the 61.1K lows, this is my HTF target for all the shorts we've been building for 2 weeks now.
Not adding positions in the weekend, we all know why.(Lennaert Snyder)
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