Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 28/02/2025, 01:19:19 UTC
⭐ Merited by JayJuanGee (1)
CME gap at $75k.

$10k dump incoming?  Undecided

it depends...first off, it's just "stupid" CME that is not even open for most of the weekends and holidays.

Second, not if it is a breakaway gap.
NVDA gapped from $30 to $36 (split adjusted) in May 2023.
Current price is $120. That gap is now more than 20 mo old.
Yeah, it will go to $30 in case of a Depression, but it is not very likely right now.