I think we need to close the CME gap at $117,500 before we blast off to new highs, but maybe that happens tonight or tomorrow morning before the big buy.
Looks like we closed the CME gap about an hour ago. That could mean we are back in rally mode but I haven't seen enough volume to confirm that on a chart.
Yup you're right the last 4hrs chart hit the $17200 and that filled the CME marked on my chart..
I guess we could go back up anytime soon..
I wouldn’t lie to you my fellow digital cryptocurrency enthusiast. While it is fun to dig into the Wall Street day to day explanations of every little movement, I do it because it is fun to stay informed and I’m an analyst by trade.
Don’t forget though, Bitcoin really is just simple math and a four year fractal. Don’t overcomplicate it.