CME gaps are a fata morgana. They are nothing but coincidence.
This chart shows the price development of
BTC over the past 12 months. Show me a price that was paid on any day of any week (not just between Friday and Monday) and NOT any more after that.
There is only 1: the March low of $ 3700.
Every price is very often paid until an asset moves up or down into new price dimensions. This phenomenon is not entirely new. In the literature it is not referred to as the "CME gap"; the technical term is rather volatility.
Those who do not understand this principle probably also believe that the sight of a chimney sweep brings good luck if they quickly grasp the button of their trousers and if they want to know what the weather will be like tomorrow they check the centenary farmers calendar. Followers of the CME gap theory are at high risk of falling into the https://en.wikipedia.org/wiki/Cargo_cult
Just kidding, guys. Take care of yourself and your loved ones! Love & peace to you all.
This chart shows the price development of
BTC over the past 12 months. Show me a price that was paid on any day of any week (not just between Friday and Monday) and NOT any more after that.There is only 1: the March low of $ 3700.
Every price is very often paid until an asset moves up or down into new price dimensions. This phenomenon is not entirely new. In the literature it is not referred to as the "CME gap"; the technical term is rather volatility.
Those who do not understand this principle probably also believe that the sight of a chimney sweep brings good luck if they quickly grasp the button of their trousers and if they want to know what the weather will be like tomorrow they check the centenary farmers calendar. Followers of the CME gap theory are at high risk of falling into the https://en.wikipedia.org/wiki/Cargo_cult
Just kidding, guys. Take care of yourself and your loved ones! Love & peace to you all.
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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.