BTC Update
Updated
A new CME gap has formed around $67,630. Currently, there are two nearby gaps at $67,630 and $63,550.
It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind.
Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but it could be a fake out. There's a possibility of rejection around 74k or 75k, at which point I'll be looking for short trades.
Following that, BTC may proceed to fill both CME gaps entirely and prepare for new all-time highs within the next six months.
It's worth noting that approximately 90% of CME gaps tend to be filled sooner or later, whether it's within a week or a month. Keep this in mind.
Regarding BTC, I anticipate it will touch the upper trendline of this symmetrical triangle or even surpass it, but it could be a fake out. There's a possibility of rejection around 74k or 75k, at which point I'll be looking for short trades.
Following that, BTC may proceed to fill both CME gaps entirely and prepare for new all-time highs within the next six months.
Note
BOTH CME GAP filled I closed all my short positions and opened Long at 65k
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