CME GAP 84-40KExit from the ascending channel.
CME GAP at 84k-80k.
Every time when BTC touched the trendline drawn from bottom, it corrected +20%.
Gap fill incoming Don’t get me wrong, I’m still bullish, but this is a great opportunity to take some profits and buy your position back at a discount, before the bull run goes manic.
BTC Futures Analysis: Key Levels, and Potential ScenariosBig Picture:
BTC Futures reached a new high at 108,960 last Tuesday Dec 17, 2024. FED rate decision and 2025 rate cut projections tampered down from 4 to 2 resulted in market sell-off. BTC futures were also down reaching a low of 92,355 on Friday and closing at 96,600.
CME Futures halt early
Bitcoin Price UpdateThere is a significant Bitcoin futures gap at the price level of $103,670 to $102,470. This gap could lead to potential price movements. Additionally, there is a concentration of long positions that could be liquidated at $102,344 to $101,939 if the price declines, further adding to market volatilit
BTC CME 4HPARTY OVER?
waiting to print more candle..
Dec 31 - 02 Jan 2025
maybe another impulse down?
let's see what happen
Happy Holiday
Are the Bitcoin bulls and bears right?Bitcoin has been the top performing asset in the world and by far the greatest. With bitcoin attempting to be the world’s reserve asset, are the bulls accurate to say that 245K is the Top while the bulls are saying 85K is the Low? Both can be right, and there lies the confusion. Elliott wave enthusi
85KUnder normal market conditions, BTC will not provide information to the next direction in the 85k area. This is only if the current support will fall.
How $BTC gets to $2M+ per coin and flips goldHow I see BTC price action playing out to flip gold and hit $2M+ per coin
Not looking for drama!As the S&P 500 gets ready for the Fed announcement on Wednesday regarding a potential decrease in the Fed funds rate a dramatic move on Tuesday would not be expected without new information to stimulate the market. I am looking for a sideways the only slightly higher movement on Tuesday.
Bitcoin’s bullish break generates fresh long setup Bitcoin futures have opened the new week on the front foot, talking out the former record highs at $105325 before extending the move as Asian markets come online.
RSI (14) has broken its downtrend while MACD looks like it may crossover from below, suggesting bullish momentum may be building again.
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Displays a symbol's price movements over previous years to identify recurring trends.
A representation of what an asset is worth today and what the market thinks it will be worth in the future.
Frequently Asked Questions
The nearest expiration date for Bitcoin Futures (May 2019) is May 31, 2019.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell Bitcoin Futures (May 2019) before May 31, 2019.