Markets move in cycles, and different cycle durations help confirm trends ranging from short-term to long-term. Based on my analysis of the 5-day cycle, the Bitcoin CME Futures show a bearish signal. This suggests that the closing price on May 16, 2025, is likely to be lower than the opening price on May 13, 2025, which is 103100.
The current trend remains bullish, with a trailing stop-loss placed at 101059. A close below this level would confirm a sell signal.
Disclaimer: This is my personal market view and not a buy or sell recommendation. Traders should conduct their own technical analysis and follow sound risk management practices before taking any position.
The current trend remains bullish, with a trailing stop-loss placed at 101059. A close below this level would confirm a sell signal.
Disclaimer: This is my personal market view and not a buy or sell recommendation. Traders should conduct their own technical analysis and follow sound risk management practices before taking any position.
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.
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.