Bitcoin Dresses in Red, Where To Next?

Bitcoin (XBTUSD) broke below support in the form of EMA10, EMA50, and EMA100.

Prices bounced after hitting EMA300 (gray line) but the bounce didn't lead to much.

We have a higher low when we look at the wick of the candle on 11-June compared to 2-June, but if you look at the candle closure we have a lower low. This is a bearish signal.

The RSI and MACD are now on the bearish zone and trending lower.

Bitcoin is now aiming lower.
First EMA300 at $9066 can be tested again if MA200 ($9409) working as support breaks.
Prices are likely to continue lower here based on current chart signals.

Conditions necessary for change
Bitcoin (XBTUSD) needs to move above the "resistance" for us to consider the bullish scenario... This is less probable right now.

Thanks a lot for your continued support.

Namaste.