Here I've highlighted all the weekly CME gaps for Bitcion, showing all but One have now filled.
Technically, there's still one open just under $10,000 at / around $9750.
Unlikely this will ever fill at this point, but as of today Bitcoin filled the recent gap just under $40,000, which clears Bitcoin for runing higher.
However I still believe we'll re-test $38,000, followed by a bounce.
And potentially, if not likely, a deeper drop to re-test $32k before the bull run ensues.
Interesting chart just showing how often these do back-fill and re-test.
Technically, there's still one open just under $10,000 at / around $9750.
Unlikely this will ever fill at this point, but as of today Bitcoin filled the recent gap just under $40,000, which clears Bitcoin for runing higher.
However I still believe we'll re-test $38,000, followed by a bounce.
And potentially, if not likely, a deeper drop to re-test $32k before the bull run ensues.
Interesting chart just showing how often these do back-fill and re-test.
23-year investor, trader, and early investor in Bitcoin & crypto.
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
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Blood in the Streets Report:
www.moonstream.io/report
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report