Bitcoin CME Futures

CME

BTC1!

Gaps on the CME Futures chart always get filled a few days later, so expect a drop in the bitcoin price soon.

The bitcoin price is in an ascending channel on the 15 minute timeframe. If the price breaks downward there is possibility of profit on a short sell.

Bitcoin price looks like it will fill the previous gap down in the next few hours.

If tomorrow we see the bitcoin price increase and hit the green box, this could be confirmation of a bullish fakey pattern with a target of 6910 which would be very nice for the bulls and any HODLers! If the price dips lower than today's low though that would be an indication that this pattern is not valid and we need to keep looking.

Feb low Potential Island Reversal Lev funds flipped net long this week

Bitcoin Futures BTC1! CME Near Date The futures chart is showing some of the clearest trend lines at moment so is worth a look. Price action yesterday has not helped the bull cause. The chart shows Bitcoin is still in a very precarious state. Yesterday's fencing battle with thrusts upwards and spikes down was by turns dreary and stultifying and mixed with...

Bitcoin. Clock-Work 05:53 est another 01:00 gmt low, another at 06:00gmt. And high at 10:00 - right on the upper parallel where longs who bought at 6am have closed out for 450 points - day's work done. Now has to climb above the upper paralle and hold there on retest once broken to turn back to bullish again from here. Unlikely in very nearterm but it's...