Forget The CME Gap? - The Ugly Truth - Bitcoin Today

Forget The CME Gap? - The Ugly Truth - Bitcoin Today

Join us on 'The Trading Parrot' as we dive into the hot debate among traders regarding the substantial 3.5K CME gap formed over the weekend and its impact on Bitcoin's trajectory. We'll explore past performance, the role of residual liquidity, and conduct an in-depth analysis using historical data and technical indicators like the RSI. Covering everything from potential pullbacks to the influence of institutional inflows, this episode aims to provide comprehensive insights for traders. Stay tuned for updates on the weekly candle close, liquidity pool dynamics, and future scenarios in the current bullish trend. Subscribe and hit the notification bell to stay informed!

00:00 Introduction and Current Market Debate
00:39 Analyzing Past CME Gaps
02:31 Seasonality and Historical Trends
06:54 Weekend Price Movements and CME Gaps
13:28 RSI and Liquidity Analysis
23:24 USDT Dominance and Altcoin Season
25:51 Conclusion and Trading Tips

#BTCUSDT #BTCNews #Bitcoin2024 #btc #BITCOIN #technicalanalysis #crypto

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⚠️ *DISCLAIMER*
This video is not intended for UK/US residents.
The information presented in this video is for educational and entertainment purposes only and is not financial advice. I am not a financial advisor. Trading can result in loss of funds. Individuals must consider all risk factors including their own personal financial situation before trading. All individuals are responsible for their own trades and investments.