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Cme Gap

All articles tagged with #cme gap

cryptocurrency5 months ago•2 min saved

Bitcoin and Ether Rally as Traders Eye New Highs Amid Market Uncertainty

Bitcoin recently reached new August highs near $119,000, with traders anticipating a potential move to $120,000 driven by a short squeeze that could liquidate over $18 billion with a 10% price increase. Market analysts highlight a CME gap at $116,500 as a possible support level and suggest that a break above $120,000 could trigger further bullish momentum, although some caution that weekend volatility might reverse once traditional markets reopen.

via Cointelegraph|

#all-time-high #bitcoin #cme-gap

cryptocurrency1 year ago•2 min saved

Bitcoin's Year-End Predictions: $100K to $125K in Sight

Bitcoin's price has surged past $80,000, entering a strong price discovery phase, with analysts predicting it could reach $125,000 by New Year's Eve based on Bayesian probability. Market analyst Peter Brandt suggests that Bitcoin's historical bullish trends support this target, while another trader, Titan of Crypto, sees a potential rise to $158,000. However, a CME gap between $77,800 and $80,600 could lead to a short-term price drop. Despite this, Bitcoin's long-term outlook remains bullish, with potential new all-time highs above $100,000.

via Cointelegraph|

#bayesian-probability #bitcoin #cme-gap