BTCUSD has shown an impressive uptrend in the last weeks, but the momentum is starting to wither as we approach the 10K resistance. A very strong zone of resistance as is a very powerful psychological number, not only around number but a 10.
The hanging man that is being formed during this week (27 may - 1 jun) is a very clear indicator of the uptrend coming to a halt and a possible reversal.
I expect a downtrend as the momentum comes to a halt, the hanging man shows the weakness of the bulls and the overbought market shows the signs of the lack of any more power from the buyers.
A possible correction to 6K is possible and even lower,