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PolarHusk
Dec 4, 2019 2:24 PM

BTC/USD TA Update (CME Gap Filled) Long

Bitcoin FuturesCME GLOBEX

Description

Bitcoin went on a 10% pump and filling the CME Gap between the 7500-7800 region.
Now that BTC is above MAs in 1hr TF. It would be healthy to retest the resistance before at the 7400 regions to confirm new support.
If BTC can hold it, expect the momentum to shift bullish again in the short term.
What we can do now is observe more price action at this level to confirm this is not a fake-out pump.
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