BTC Bitcoin CME Gap Discussion
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Hello friends, I am showing you the CME gaps I circled for Bitcoin (BTCUSD) on a 1D linear chart that I was able to spot. The CME gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday. The reason I am showing this chart is because though CME gaps are formed, the price tends to get back to that gap and fill it at some point. Since price is near certain prior gaps, there may be a chance the CME gap gets filled.
Not everyone believes in CME gaps, but this is another metric to review when looking at Bitcoin and the crypto markets.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Not everyone believes in CME gaps, but this is another metric to review when looking at Bitcoin and the crypto markets.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #cryptopickk
Note
I am seeing more and more crypto youtubers and crypto influencer talk about the CME gap over the past few days. They are late as usual.
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