I am not a BTC expert at all, but I would like to share my idea.
You can take it with a grain of salt but I believe that the Market is gonna be shorting, before going back up and hitting 10,000.
- We can see the zone it might be going to, is very weak. (Zone line is 9250.00)
Note:
- The zone has been pass through at least 5 times. (Talking about 9250.00)
- Mostly clean pass through.
- Market wants to retest at least 2 or 3 times before going back up, as we can see in the past.
To understand the chart:
The Ray line = Mid point zones
The Horizontal lines = Main zones
The Circles = Area price react to
The "X" mark = Where price manage to retest or broke