Quote from: dragonvslinux on Today at 07:01:34 PM

Quote from: Biodom on Today at 06:47:00 PM

Quote from: Gachapin on Today at 06:29:24 PM

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

yea, with two caveats:
1. I am not sure how relevant is a 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...maybe the one around 29K would be first (more likely) or, perhaps, the one at around 20.3K would be first; personally, I prefer lower 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

Point 1 is the most relevant imo. Unlike S&P500 or other assets, Bitcoin doesn't "officially" have any gaps in trading. This has never happened and isn't possible. If a futures market creates gaps then this is a different story entirely. Point 2 is also highly relevant, if we're going to talk about filling gaps. Point 3: there are also gaps around $36K and $53K. Around that time many speculated that they would be filled "because they always get filled", but they didn't. Then they forgot about these gaps and focused instead on newer gaps. There's currently 5 "gaps" right now, 2 below* and 3 above.

Clearly price isn't drawn to filling them, otherwise there wouldn't be 5 of them!

*There's still a gap under $10K, good chance it will never be filled.

Now imagine waiting for price to fill the $10K when price is at $12K, then instead it goes to $60K, only to create another gap around $50K to $45K.

I am selling a few if we fill the 53K gap soonish.