Post
--Bearish
At this moment, Bitcoin (BTC) currently has two local gaps on CME contracts:
The first near the level of $90.5 thousand, and the second at $88.2 thousand.
Historically, these gaps are filled about 70% to 80% of the time, so it is important to monitor price movement in the coming days to see if the market will exceed these gaps and leave them behind, or return to fill them soon.
It is worth noting that we previously saw a gap at the level of $92 thousand that took about 7 months to fill, and there was another gap at $74 thousand that needed nearly 4 months to be filled.
There is still an old gap at the level of $20 thousand that has not been filled yet, which reflects that some CME gaps may take a long time before being addressed in price.
#CME
#gap
#BinanceHODLerMorpho
The first near the level of $90.5 thousand, and the second at $88.2 thousand.
Historically, these gaps are filled about 70% to 80% of the time, so it is important to monitor price movement in the coming days to see if the market will exceed these gaps and leave them behind, or return to fill them soon.
It is worth noting that we previously saw a gap at the level of $92 thousand that took about 7 months to fill, and there was another gap at $74 thousand that needed nearly 4 months to be filled.
There is still an old gap at the level of $20 thousand that has not been filled yet, which reflects that some CME gaps may take a long time before being addressed in price.
#CME
#gap
#BinanceHODLerMorpho