Yeah, I feel like one could trade Bitcoin using nothing but CME Futures gap as an indicator. Seeing how we've been seeing such low volatility, and a seemingly weak price action, it might just swing by to fill that gap. At least once it does that, we know that it can't get any lower. I'll be happy to be wrong on this one though 😖
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It's certainly looking that way at the moment isn't it... The momentum is gone, perhaps a gap fill is our next move.
Aye, but there was a slight pump and dump following FED Powell's speech. I genuinely have no idea of where Bitcoin's going to go next, now. It looks like there's some renewed momentum to push it up, but will it be enough to overcome the pullback? It could go either way now 🙃