- 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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Related publications
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.