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%.
Highlighted Crypto News Today:
China is Withdrawing From US Treasury, Will it Impact the Crypto Market?
