BTC consolidation
2024-12-26
Category: None

How's it going everyone? Breaking down the BTC CME chart and what I am seeing. It appears we are consolidating upwards and gearing up for a parabolic move. However, there is still a CME gap to watch for at $77k that I have kept in the back of my mind. It is possible that we don't close that until the bear market as BTC is showing incredible strength! 

The only things I can see that will close that gap are some bearish news or some type of black swan event. There is so much money coming into BTC that I am not sure we will see that just yet. This is definitely feeling very manipulated but we have to remain patient and see what the market makers want to do as THE MARKET IS ALWAYS RIGHT! Thanks for watching!