Bitcoin (BTC/USD) Another GAP - CME
6 days ago we mentioned a possible downward count to fill the gap of $ 7700 dollars.
This is the graph
Today we see that this was the Bitcoin price movement
He has formed a new GAP
The price of Bitcoin has stopped at 0.618 fibonacci.
We could see a bullish correction up to the 100-period MA line, 1-day chart, to then continue with the downward price and fill the 2 GAP of the CME.
Another possibility is that the correction is complete and now fill out the newly formed GAP
And what do you think?
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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