$BTC
Stacks of low leverage swing longs are building below $70K.
Still, there’s a CME gap sitting at $77.3K. Historically, most gaps on Bitcoin futures tend to get filled, but timing is never guaranteed.
We also have another gap at $67.2K, which keeps both sides of the range in play.
If price accepts back into the previous range, this breakout above highs could turn out to be a deviation.
That’s the key: acceptance below prior range highs = confirmation.
I’m front-running the move with shorts, anticipating a lower high before we rotate back into the $70K range. Risky, but defined.
#BTC #cryptotrading #TechnicalAnalysis #CryptoMarkets $BTC

BTC
78,208.2
-0.68%