BAKKT Bitcoin (BTM1!) - August 25

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TradingView now supports Bitcoin charts for the BAKKT exchange.
Accordingly, we plan to publish the charts on the CME exchange every other day.


We need to make sure we can get support from 11585.0-11625.0.

If it falls from the 11585.0 point, it is likely to touch below the 11375.0 point.

We will see if there is any movement to fill the previous gaps, 11055.0-11302.5 and 11262.5-11420.0.

Volatility is possible around August 27 (August 26-28).

During this period of volatility , it remains to be seen if it can rise above the 11770.0 point, along the uptrend line (2).

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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment

(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)

GAP refers to the difference in prices that occurred when CME and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: closing price when closed
G2: The market price at the time of opening
Comment: (BTM1! 1D chart)

Today's gap is 11345.0-11400.0.

It occurred within the previous gap interval, so it was not marked.

You should see if you can climb above the 11375.0 point.

We need to see if it will fall to fill the previous gap between 11262.5-11420.0.

We should also see if we can ascend to the 11585.0-11625.0 range.


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