Looking at the 1 hour chart to see how BTC is reacting to the $10k support/resistance line it looks like it wants to avoid it and tends to either bounce off it or prints fast and long bars through it to jump across.
Taking the range of one of these sets of bars and projecting it down below $10k gives $7850.
I expect that if BTC prints a price at $7850 it will officially be treating $10k as solid resistance and I will be looking to short tests of $10k.
Once there it will probably need to consolidate a bit before being able to make it past $10k so once it gets to the high $7k region it should give a range which will provide shorting opportunities for a few weeks perhaps.
Taking the range of one of these sets of bars and projecting it down below $10k gives $7850.
I expect that if BTC prints a price at $7850 it will officially be treating $10k as solid resistance and I will be looking to short tests of $10k.
Once there it will probably need to consolidate a bit before being able to make it past $10k so once it gets to the high $7k region it should give a range which will provide shorting opportunities for a few weeks perhaps.
