Post
Topic
Board Speculation
Merits 2 from 2 users
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 17/03/2023, 18:47:00 UTC
⭐ Merited by dragonvslinux (1) ,Gachapin (1)

I'm pretty clueless when it comes to this stuff.  But I heard something about filling the gaps...

https://twitter.com/TXMCtrades/status/1636718398120894467

yea, with two caveats:
1. I am not sure how relevant is CME gap for an asset that trades 24/7/365. Seems like something a bit artificial.
2. The order of gap filling (if it happens) is unknowable...bmaybe the one around 29K would be first (more likely) or, perhaps the one at around 20.3K would be first. personally, i prefer closest gaps to fill first because 29K to 20K is a more daunting sequence of events.

For giggles, here are TSLA unfilled gaps: some around $43, some around $76 and $82 (all three made when going up). The gap at $262 (going downward) did not get filled yet as well.
https://www.thestreet.com/investing/stocks/5-unfilled-gaps-in-tesla-tsla-s-chart