A review of Bitcoin on the CME exchange. ๐ช
At the moment, trading on the CME exchange is suspended for the weekend, but tomorrow we will see the opening of a new trading week.
It is interesting that on the 4H chart the price of $BTC continues to move in the descending channel, but managed to grow from the lower boundary to its middle and consolidate above it by testing the EMA200. This is a good signal, which indicates the strength of the upward movement.
The opening of the week may occur with GAP overlap in the range of $65850 - $66600, so when the correction to this zone you can look for entry points to long positions, if you have not opened them before. Now the key level remains the $72600 mark, if the $BTC price can reach it and consolidate above it, it means a full-fledged exit from the descending channel and soon conquest of a new price top.๐
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