Bitcoin 10k broken

Bitcoin fly to the sky 🚀 10300 is a new higher high at Futures 💪 Spot pumped less and stopped at 10100-10155 zone. The only concern is that CME futures closed at 9645 and so BTC is fated to come back to that price next week. Based on this knowledge we may assume that it will either dump hard, which will start same retracement cascade as on June 2nd, or drop there in several days closing the gap with a wick and moving back up again. Whatever happens, Bitcoin is back to 10k which will certainly get into news and add hype (= new money flow). Buying the dips for sure.

4H: EMA89 at 9374 and MAVW at 9231 act as dynamic support.

🟥 10080 - 10300 - 10900 - 11450
🟩 9900 - 9750 - 9680 - 9600 - 9450

CME Futures chart

Comment:

Waiting for this gap to close

Comment:

Bitcoin hit 10500 resistance. Two last 4H candles bearish and I tend to think there might be a pullback, but with current volatility it is hard to predict the scale. Bullish bounce zone that will support further growth is at ~10500. Lower at 10150-10222 also look good and bullish, while stronger level is obviously located at 10k.

P.S. I am still sure CME Futures gap will be closed. Maybe not that week, but within 2-3 weeks for sure. And that move will give BTC even more bullish volume to grow higher.

Yesterday review: ...if price grow above 10500 we may see a huge pump to ~11500.

4H: EMA21 at 10260 and EMA89 at 9635 act as dynamic support.

🟥 11050 - 11500 ✅ 12300
🟩 10500 - 10222 - 10000 - 9750

😱 Fear & Greed index: 76 (<= 58 <= 55 <= 55)
👑 BTC Dominance: 62.9% (<= 61.3 <= 60.9 <= 61)
⚙️ 24h Volume: $118 billion (<= 94 <= 68 <= 63)

Comment:

No volume in BTC recently and almost none from sellers. At the same time bulls aren't doing anything to push Bitcoin above 10434. And we all know that bullish moves require volume/interest. Where it may appear? Where shorts have stops - above 11500. And only after we see pump with strong sell off we may expect any kind of dump. So that is the picture. If get above - pump and dump. If fail, will slowly fall under its own weight until whales buy the dips again at ~10300 or lower.

4H: EMA21 at 11261 and EMA89 at 10700 act as dynamic support.

🟥 11343 - 11500 - 11630 - 11800 - 12150
🟩 11080 - 10950 - 10500 - 10270 - 9900

😱 Fear & Greed index: 75 (<= 72 <= 75 <= 80 <= 75)
👑 BTC Dominance: 60.5% (<= 60.4 <= 60.7 <= 61.1)
⚙️ 24h Volume: $85 billion (<= 96 <= 90 <= 128 <= 100)