Bitcoin CME Futures Bitcoin is quite looking bearish after breaking the upward trend-line of support at 8100 levels. We know that there is not enough support build during its uptrend from 7700 regions to 8500. And for that, the price could easily drop back to 0.5 - 0.618 levels to immediately filling the gap from the old resistance to potentially change it to...
Bitcoin CME Futures Bitcoin CME has filled the gap and testing the 4 hour EMAs. This current area of support is very important for the Bulls to continue its uptrend in the coming days. Now that Bitcoin has filled the gap, will it bounce up again and move higher? It is hard to say but the current trend is now up, playing a Long position with stop-loss must be...
BTC has two gaps open on futures but which one will it hit first? Place your bets....
We can see BTC filled the previous gap formed when we broke way lower on the future chart It took a few days but we did close the gap but there is still a smaller one left a little higher We are within reach to close that gap BUT a move lower could be followed How strong of a move lower? Time will tell but the reaction we get when we hit this next zone...
Volume tapering off, a break under $11,200 can be a potential freefall.
Quick short term update on the CME BTC1! (Futures) market. We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume. Support for Bitcoin is still at $9k to $10k on the shorter term and...