Crypt1cLyfe

Gap filling, stop hunting and bull/bear squeezing is the game

CME:BTCM2020   Bitcoin Futures (Jun 2020)
Hi all!

Just some thoughts that I thought I would share.
CME/whales/hidden entities seem to do a great job of filling the weekend gaps
and big money doesn't seem to be in a hurry to allow any longer term trend to begin any time soon.

My personal thoughts are that we may well continue this Kangaroo style market for the most of the year,
as big money fills their pockets and positions themselves to be able to further control and gain from the next bull phase.

Not financial advice, just idea's, obviously price action is king.

Would love to hear what people think?

Stay safe :)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.