Bitcoin bulls are so close! There was a touch up to $9,930 and then an immediate pullback which was a total fake-out.
I'm not sure if we will end up touching the level yet or not. Surprisingly, there's not as much of a sell wall at $10k as you'd think. A lot of orders are actually below it. So, this could mean we will come up short unless bulls see lots of volume.
On the 4-hr chart, we are looking at declining bull volume combined with overbought RSI levels (lower high on this move). These are all not too great of signals.
I currently exited my position this morning to lock in gains and see how this plays out. I do personally see a pullback happening before a solid run up to break the $10k level. Bears are always waiting though. They made a fake move attempt earlier, but it's not unlikely to expect another bear attack.
Hope you all have a great Friday and weekend ahead!!!
