Why I am going to wait for Bitcoin at $10,000?
Hey Crypto Community!
In this idea I am sharing my Bitcoin CME gaps technical analysis. Bitcoin downtrend has managed to close most CME gaps
in the range between $24k and $40k that were left behind. There are last three CME gaps to be closed before bottoming out:
$18,200
$11,200
$9,700
On the way down Bitcoin has created a couple of new CME gaps at $27,200 and $34,500 that could be filled on the way up at later date.
On Friday Bitcoin CME price closed at $20,470. With Bitcoin price trading around $18,500 there is a potential for another CME gap if Bitcoin doesn't come
back to $20k price tag on Monday.
I am waiting for all the CME gaps to be filled before Bitcoin reversal!
In this idea I am sharing my Bitcoin CME gaps technical analysis. Bitcoin downtrend has managed to close most CME gaps
in the range between $24k and $40k that were left behind. There are last three CME gaps to be closed before bottoming out:
$18,200
$11,200
$9,700
On the way down Bitcoin has created a couple of new CME gaps at $27,200 and $34,500 that could be filled on the way up at later date.
On Friday Bitcoin CME price closed at $20,470. With Bitcoin price trading around $18,500 there is a potential for another CME gap if Bitcoin doesn't come
back to $20k price tag on Monday.
I am waiting for all the CME gaps to be filled before Bitcoin reversal!