Bitcoin (BTC): Dumped 8% (Might Fall More)
2024-11-05

Bitcoin has made movement to our smaller CME gap (that we been aiming since the end of last week).

After 8% of marketprice movement, we filled that CME gap and now price has slightly bounced from 200EMA.

We have some more CME gaps on lower zones so keep an eye on them (ideally we need to see yet another touch to trend line here)

P.S. Be careful, as today and overall this week markets will be very volatile thanks to elections in the US!

Swallow Team 