Bitcoin (BTC / USD) Bitcoin has been filling GAP - CME - Will the price go up or will it go down?

A few days ago, the price of Bitcoin has formed a new GAP in the CME. Yesterday you finished filling it.

Following the price of Bitcoin by the CME has made it easier for days to predict the possible upward or downward movements.

Let's see

Yesterday we see that this was the movement of the price of Bitcoin

Remember there is another GAP in the range of $ 8,300 to $ 9,100

Bitcoin's price has regressed and stopped at the 21-period MA 1-day midline.

Possibilities

• Bitcoin price could pick up strength in 21-period median line to start new bullish cycle, to complete other GAP

• The price of Bitcoin is in downward correction to break the 21-period median line could reach the upper limit of the bearish channel approximately $ 7,300. That would coincide with the 0.382 fibonacci retracement.

And what do you think?

Will the price of Bitcoin continue to drop or will it seek to complete the GAP of $ 8,300 to $ 9,100?

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Protect your assets use Stop loss

The alcoins market is very dependent on the price of Bitcoin, when Bitcoins goes up the alcoins go up more, but also in the other sense, so I suggest that you periodically review a Bitcoin and use stop loss and move it when they are already in profit. Do not let a profit become a loss.

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