BITCOIN - HEAD AND SHOULDERS TARGETS | CME GAPS/KEY VOLUME ZONES
- An extension of a previous idea(s) on Bitcoin's future, as linked below
- Given a potential surge in DXY - Dollar Index, Bitcoin's crash may last longer and fall deeper than people expect
- CME price gaps are a strong indication of bounce zones as they work like magnets so GAP-1 is the first target
- Second target is the high volume zone from the second leg of the parabolic run up where a lot of distribution and trading will occur
- Lastly, the final CME GAP-2 will be a longer-term target, forming confluence with head and shoulders price target
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