BTC June is about to open with a scam pump and here’s why. Over the past 10 months, the vast majority of monthly opens have been followed by a push higher before weakness sets in later throughout the rest of the month. The only exceptions were November and February, where the previous month already ended with a dump and downside momentum simply carried over into the new month. This time around, the setup once again supports the possibility of a move higher. The recent selloff has created large amounts of liquidity above price, making a squeeze into the monthly open increasingly likely. A move back into the recent breakdown levels would not only clear out that liquidity, but also provide the chance for a proper retest before continuing lower. That said, I still believe any strength at the start of June is likely to be temporary and eventually turn into a bearish retest rather than the beginning of a new uptrend.(Max Trades)