Bitcoin Futures (CME Gap?)
Bitcoin CME Futures
-After the trendline breakout and support retest last 22nd of July
-Bitcoin started its uptrend move to 10400 region
-If there is still left in the tank, it might even break the 10.5k resistance
-But everyone is currently looking at the CME GAP down to 9.6k area
-We all know Bitcoin likes to fill Gaps most of the time
-It would also be healthy to have a minor correction before another leg attempt
-Let us all look at both scenario if BTC will fill the Gap or move higher
-I don't recommend Shorting Bitcoin after a fresh breakout
-But instead, look for a good risk to reward trade setups
-Warning don't use high leverage because the volatility is back
-After the trendline breakout and support retest last 22nd of July
-Bitcoin started its uptrend move to 10400 region
-If there is still left in the tank, it might even break the 10.5k resistance
-But everyone is currently looking at the CME GAP down to 9.6k area
-We all know Bitcoin likes to fill Gaps most of the time
-It would also be healthy to have a minor correction before another leg attempt
-Let us all look at both scenario if BTC will fill the Gap or move higher
-I don't recommend Shorting Bitcoin after a fresh breakout
-But instead, look for a good risk to reward trade setups
-Warning don't use high leverage because the volatility is back
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