4 Likely Scenarios for BTCUSD

When it comes to trading, I like being prepared for all likely scenarios.

Here I illustrated the most likely setups.

Scenario A: We get some further upside then bounce off the 10k resistance

Scenario B: We get upside, minor bounce off the 10K, then a break to the upside which then opens 11,000 long/buy side target

Scenario C: After bouncing off the 10k level, we remain bearish until we approach the 8500 approx level of support

Scenario D: After reaching 8500, we get a bounce off support which then develops into a temp bullish trend until further examination.