CM_Trades

BTC FILLS FIRST GAP!

CM_Trades Updated   
CME:BTC1!   Bitcoin CME Futures
  • BTC has finally come down and closed its first unfilled gap, which was previously mentioned in our charts
  • We are very near to closing another one right below, which at this point seems very likely to be the next one filled
  • A close below the SFP around $3500 would most likely result in a retest of lows so that is something to consider to bulls
  • We have found support at the monthly open so far and staying above here is key for bulls
  • Keeping an eye on the gap right below near $3500 as an area of interest

Thanks guys!
Comment:
and there goes the second gap as mentioned earlier! Now for that last gap lower near the lows

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