CME Gap

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  • Post category:Altcoins


11/1/2024 10:00 PM #Bitcoin Update:

The #BTC/USDT price has now formed a new CME gap at $69,249, where we should see it trading around over the weekend. I believe the price will move up to the $69,990 resistance, then come back to the CME gap before breaking out towards the $71,979 resistance. 📈

As with any pattern, we could still see it fall below the CME gap, breaking the bottom trendline of the rising wedge and dropping to $69,000, or possibly the $67,000 support, before moving back up. Either way—up or down—90% of the time, the price moves toward the CME gap like a magnet! 🧲✨ https://coinmarketcap.com/currencies/bitcoin/

submitted by /u/wdw67
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