$BTC NY-session took out the 64.8K highs as we anticipated this morning. We now tapped a short-POI so I'm watching closely, a sweep of 65.K is preferable. The sweep of 65.8K is also a valid opportunity, so definitely putting an alarm there too. If price reaches 63.9K I'll go BE on the shorts. The invalidation for my short thesis is the 67K previous weekly high. We took out the previous weekly low, and weekly clearout candles are rare. So I'm using that probability as invalidation for my plan this week. Let's see what Bitcoin is going to do here.
Lennaert SnyderShare
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