- Gap MT4
- Wycoff Break Down
- Been waiting for it to happen
- Gaps Get Filled 80% - 90% of the time
- I believe from my own Trading observations.
Chat GTP Analysis
- BTC/USD Gap Fill Probability Analysis
- Observations:
- Current Price: ~$87,699
- Support Broken: Price has decisively broken below $91,586.
- Gap Zones:
- Top Gap: ~$79,988
- Bottom Gap: ~$74,244
- Probability of Gap Fills:
- Top Gap ($79,988) → 85% Probability
- Price has broken key support and is heading downward.
- Strong historical tendency for gaps to fill (~80%+).
- No immediate strong support to stop further decline.
- High probability of at least touching $79,988 in the near term.
- Bottom Gap ($74,244) → 65% Probability
- If $79,988 fails to hold, the next liquidity zone is around $74,244.
- Further breakdowns in BTC could push price lower.
- Less probability than the top gap, but still a strong possibility if selling pressure continues.
- Conclusion:
- BTC/USD likely to fill the top gap ($79,988) first (85% probability).
- If momentum continues, $74,244 (bottom gap) has a 65% chance of being filled.
- Look for reaction at $79,988—if it holds, a bounce is likely; if it breaks, expect further downside.
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