A lot of people on Twitter take the psychological view of the $ 10,000 in the BTC price. Even some think we are trending down, when at the moment we are just consolidating. We had a triple failure on the $ 12,000, the market will simply seek lower liquidity and at the same time fill this CME gap because so far all the gaps have been filled.

We also have a deflating RSI, and just at the bottom of the gap, the 200 period moving average which will be a major support area with an RSI which will already be much lower. On a lot of crypto we are already on supports, which leads to speculation to try to grab a few percentages. But hey, all that to say to keep in mind these areas on the Btc which are important and where there may be reactions. I did not want to make an entire article but just a little update.