DAR crypto saw a massive price pump ahead of its scheduled delisting from Coinbase. According to CoinGecko, the token, originally tied to the blockchain game Mines of Dalarnia, shot up nearly 690% to hit an intraday high of $0.48 on…

Here’s why Mines of Dalarnia’s DAR crypto rallied over 600% today

Bitcoin has faced a lot of resistance above $110,000, suggesting the bears are 
trying to keep the digital asset from reclaiming its all-time high levels. 
This has been obvious with multiple rejections above $110,000 over the last 
few days, while the bulls have held support above $108,000. This trend plays 
into an analysis published by crypto analyst TehThomas, who had forecasted the 
rejection from $110,000. But what’s more interesting is where Thomas sees the 
price going from here. Bitcoin Could Drop For Shallow Pullback In the 
analysis, Thomas explained what is happening with the Bitcoin price and why 
the pullback could happen. This begins with the breakout after falling toward 
$100,000 and then bouncing back again. The digital asset was able to quickly 
clear multiple fair value gaps on the 4-hour timeframes to claim its spot 
above $110,000. Related Reading: Positioning For Altcoin Season: Analyst 
Reveals When To Buy As Bitcoin Dominance Rises The crypto analyst explains 
that this move has triggered a shift in the sentiment toward the positive, and 
this has been followed by rising volumes, as well as impulsive candles. In 
all, this is quite bullish for the cryptocurrency. However, there is still a 
risk of a price decline from here. After filling multiple fair value gaps with 
strength, the crypto analyst believes this has set a precedent for the Bitcoin 
price. He expects the same pattern to play out for the cryptocurrency, which 
includes a rapid rise before a shallow pullback, and then a continuation from 
there. BTC Pullback Into $104,000 Territory The Bitcoin price recovery above 
$110,000 seems to have created a fair value gap below $107,000, which the 
crypto analyst believes will need to be filled. If this is the case, then it 
is possible that the price rally will not continue until this condition is 
fulfilled. Nevertheless, a pullback to the level would not be bearish, but 
rather provide a bounce-off point for the price recovery. Related Reading: XRP 
Price: Analyst Says Expect Biblical Move Before Historic Crash – Here Are The 
Targets Thomas referred to this trend as “a classic breakout-fill-continue 
sequence”, and the next thing in line is to fill the fair value gap. According 
to the shared chart, the crypto analyst sees the pullback taking the price 
back down below $105,000 and into the $104,000 territory before its next 
bounce. This would mean a 5% pullback, and going by the trends from this year 
so far, something that would be bad for altcoins. However, the conclusion 
remains that Bitcoin is still bullish from here. Once the fair value gap is 
filled, a strong push upward is expected, possibly toward new all-time highs. 
“I’m expecting a controlled retracement to fill the new 4H imbalance, after 
which price could continue pushing toward the major resistance area,” the 
analyst said. “The momentum is clean and structured—until that changes, 
continuation remains the more likely path.” Featured image from Dall.E, chart 
from TradingView.com

Bitcoin Risks Pullback To $105,000 After Facing Rejection Above $110,000

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DeFi Development Corp. has withdrawn its planned $1 billion securities 
offering after the U.S. Securities and Exchange Commission deemed the company 
ineligible to file under Form S-3. The company confirmed the withdrawal in a 
June 11 letter to the SEC,…