source avatarLennaert Snyder

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$BTC nothing changed since yesterday. Still in weekend chop after the correction we saw on Thursday. I'm long on Bitcoin here, the scenario of a push lower is likely but I need higher retests for shorts. Therefore I'm long to catch a potential relief bounce, and willing to add if we get nice setups next week. Weekend liquidity is now laying at 75.5K, we all know that'll probably get taken out next week. Will look for long triggers sub 75.5K or after another sweep of the lows. The 78K and 80K regions are valid for shorts after the trigger, only after LTF shifts since we took a lot of SSL already. Still plenty of untapped liquidity to the downside, so getting into a short would be nice if the setup occurs. CPI week next week, so it could trigger nice volatility to trade.

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