kyer

Bitcoin Futures - Big Gap to be Filled

Long
CME:BTC1!   Bitcoin CME Futures
Hey traders, today we're looking at the Bitcoin Futures chart. Now to those of you that know how to trade futures or understand them, most to all of the time when there's a window, that window must be filled at some point before moving back up. This is just a pattern that I tend to see in the markets.

With this in mind, when Bitcoin shot up past 10,000 last week, it spiked right up to the monthly level with a huge window. I told all of you that Bitcoin would slowly drop back down to 8850 then move right back up and that's exactly whats about to happen.

It only has to drop 3% more down, then we're all set to move up. A fantastic buy order would be set at 8850.

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As always do your own research, I am not a financial advisor.

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