BigChonis

Bitcoin CME Futures...The Price Gaps that are Meaningful to Fill

CME:BTC1!   Bitcoin CME Futures
CME Futures closes trading Friday and reopens on Sunday. This can create gaps in the price that occur when weekend Bitcoin price action moves from the area of the previous Friday close of CME. Current Open GAP on the Weekly chart down to $8500 and a new opening candle creating another gap on the weekly at $10K...I’d be very surprised if one of these isn’t filled this week...then again Bitcoin is full of surprises......There are multiple examples of past weekly gaps taking up to 5 weeks to fill, but to have two open is uncommon. Lower time frame gaps are notable and created by quick price action moves but lets fill at least one of the weekly ones first... Trade Safe...Chonis

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