Hello traders,
In today’s analysis we’re focusing on the open CME futures gap left behind by Bitcoin between $79,610 and $83,925. Historically, these gaps have a strong tendency to be filled — not always immediately, but eventually. This gap now acts as a magnet for price and should be considered in any short- to mid-term trading strategy.
Key Points:
• The gap fill zone is between $79.6K and $83.9K, and a move into this range could prompt a market-wide bounce.
• Despite the setup, confirmation is critical before entering — price may dip further before reclaiming the gap.
• Short-term trade opportunities may arise on correlated assets while BTC works to fill the gap.
It’s essential to factor in broader market volatility when planning trades. Bitcoin may move aggressively within this zone, and without confirmation, entries can be risky. High volatility often leads to fakeouts, so patience and discipline are key.
While the futures gap provides a technical target, it’s not a standalone reason to enter a trade. Use your trading system for entry signals, and don’t ignore macro conditions or sentiment. This gap is a useful reference point, not a trigger on its own.
In today’s analysis we’re focusing on the open CME futures gap left behind by Bitcoin between $79,610 and $83,925. Historically, these gaps have a strong tendency to be filled — not always immediately, but eventually. This gap now acts as a magnet for price and should be considered in any short- to mid-term trading strategy.
Key Points:
• The gap fill zone is between $79.6K and $83.9K, and a move into this range could prompt a market-wide bounce.
• Despite the setup, confirmation is critical before entering — price may dip further before reclaiming the gap.
• Short-term trade opportunities may arise on correlated assets while BTC works to fill the gap.
It’s essential to factor in broader market volatility when planning trades. Bitcoin may move aggressively within this zone, and without confirmation, entries can be risky. High volatility often leads to fakeouts, so patience and discipline are key.
While the futures gap provides a technical target, it’s not a standalone reason to enter a trade. Use your trading system for entry signals, and don’t ignore macro conditions or sentiment. This gap is a useful reference point, not a trigger on its own.
Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
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.
Free Alpha Group t.me/freetradingden
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
Unlock up-to $8,000 USDT in bonuses, only at Blofin - Link Below to start Trading.
partner.blofin.com/d/alchemisttrader
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.