Gap Fill ? BTC/USDT to 118xx ? #Bitcoin #CME #crypto

Bitcoin finally rallied back to hit 10k after an extended period of sideways - Btc Dominance chart went lower than most expected but at least the turnaround has started on the Bitcoin tether chart above . What's BTC target ? Well .. I'm just thinking here that there is a CME futures gap up near 118xx and the blue star on my chart as well as the top of that pink and blue regression band is near 118xx . These gaps usually fill . So it will be great to see Bitcoin close above this upper trendline now ! Is Bitcoin actually making a new upper trendline soon ? I've suspected this would happen - and it makes sense . A new upper trendline will extend further in time until completion thereby making true the 'Lenghthening Cycle' theory of Btc that comes from Benjamin Cowen YouTube channel and which I believe is probably the case . You agree ? Let me know !

評論:

We got to that blue star ! Bitcoin hit 118xx and it seems that CME futures gap filled , we also hit a TDSeq9 in green - although it could wick up a bit- normally we would see some retrace soon.