kingcheng

fall into the gap

CME:BTC1!   Bitcoin CME Futures
bitcoin is taking a breather from the huge price action up from a few days ago shooting close to 50% in price. There is a small gap around 8.8k - 9k in the daily that, from past learning experiences, should be filled almost always. fortunately there is also a gap around 11.7-11.8k that will eventually get filled too. Which one gets filled first is anyones guest. My prediction is we will come down to fill the 8.8k gap first which is also where the 200 MA is supporting the price. This is when we can enter and accumulate. from gap to gap, we can profit about 34%.
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