Crypto Analyst Points Out his Long and Short BTC Positions

TheNewsCryptoPublished on 2026-02-09Last updated on 2026-02-09

Abstract

A crypto analyst, Lennaert Snyder, has outlined his trading strategy for Bitcoin, indicating both long and short positions. He plans to short BTC if it sweeps the $72,721 level with bearish momentum, targeting the $65,322 liquidity zone. For long positions, he would test the $65,322 support area, with a final long scenario above $76,971. This analysis comes as BTC's price retraces to $69,072.34, down 2.52% in 24 hours and 45.62% below its all-time high. Kalshi Traders forecast a 90% chance of BTC dropping below $60,000. Despite the bearish signals, Snyder projects BTC could reach around $88,827 in three months, a 29.15% surge.

A crypto analyst has pointed out his long and short BTC positions, further underlining that there are multiple trade scenarios. His analysis comes at a time when BTC is retracing its value closer to a lower value as forecasted by Kalshi Traders.

Crypto Analyst on BTC Positions

Lennaert Snyder, a notable crypto analyst, has said that he would look for shorts after a right setup and timing. On longs, he has said that he would test the $65,322 liquidity/support zone, adding that his final long scenario is above $76,971.

There is a move to short BTC position to $65,322 liquidity; however, it relies on sweeping $72,721 white showing M15/M30 bearish MSB, he has further stated. Snyder has recalled sufficient liquidity to be taken out. Thereby bringing more trade scenarios within the range. It is still important to note that thorough research and risk assessment are important before crypto investments.

BTC Weekend Range

The crypto analyst earlier noted its weekend range. Calling it clear, he stated that he would wait for clear trading moves. This could be a reference to the BTC price moving between $69k and $72k over the weekend.

Ali Charts, or Ali Marinez, another crypto analyst, reflected that the behavior of long-term BTC holders was starting to shift. He emphasized this after highlighting the redistribution of 96,000 Bitcoin tokens in the past week. Their collective worth is reported to be around $7.68 billion.

BTC Price and Projection

BTC price is currently $69,072.34, down by 2.52% over the last 24 hours. It further shows a weekly slip of 11.21% and a monthly fall of 23.75%. Bitcoin tokens are now 45.62% down from their ATH of $126,198.07, which was recorded on October 07, 2025. What’s stealing the spotlight is its movement closer to the forecast by Kalshi Traders.

Kalshi Traders forecasted a 90% chance for the flagship token to drop below $60,000 after it came under the $64k mark. Notably, their earlier projection was $64,000, later revised to $60k. BTC price prediction does paint a bullish picture, but concerns around its price surge remain. This is given the rising uncertainty for a rate cut, the US-Iran conflict, and international trades.

For now, the crypto analyst has penned his short and long position with BTC estimated to trade at around $88,827 in the next 3 months. This would be a surge of approximately 29.15%.

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Related Questions

QWhat are the key long and short BTC positions mentioned by crypto analyst Lennaert Snyder?

AFor short positions, he looks for the right setup and timing, specifically targeting a move to the $65,322 liquidity/support zone. For long positions, he would enter above $76,971, with a final long scenario above that level.

QWhat is the current price of BTC and its recent performance according to the article?

AThe current BTC price is $69,072.34, which is down 2.52% in the last 24 hours, 11.21% over the past week, and 23.75% over the last month.

QWhat was the forecast by Kalshi Traders regarding Bitcoin's price?

AKalshi Traders forecasted a 90% chance for Bitcoin to drop below $60,000 after it fell under the $64,000 mark. They initially projected $64,000 but later revised it to $60,000.

QWhat did the analyst Ali Charts observe about long-term Bitcoin holders?

AAli Charts observed that the behavior of long-term BTC holders was starting to shift, highlighting a redistribution of 96,000 Bitcoin tokens (worth approximately $7.68 billion) in the past week.

QWhat is the analyst's price projection for BTC in the next three months?

AThe analyst estimates that BTC will trade at around $88,827 in the next 3 months, which would represent a surge of approximately 29.15% from the current price.

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