#Hourly: Bitcoin and The CME Gap

10 במאי 2020

On Friday evening the price of bitcoin futures was fixed at $10,000 on the CME. The new trading week will open with a gap (almost 13% for now). It's interesting to see how this gap will be closed because:

1. AO = down.
2. EFI = bullish trend was broken.

Technically, the uptrend formed on March 13 (local_trend) was tested and holded.

The magnet above = $9300.
The magnets below = $7700, $7100.
For more details, see the previous idea.

Halving is coming.
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