The latest sharp decline in the price of BTC closed the $60,830-$61,045 gap on the CME futures chart. We didn’t expect to go to him without rewriting the ATH. But in the event of a#BTCreversal, the potential for the high in the fifth wave may now be higher. Minus one “magnet”.
If on the Chicago Mercantile Exchange the price does not consolidate below $61,045 today after closing this gap, this will be a good signal for the bulls.
The important point is that now the nearest gap is at the top. And it formed at today’s opening of trading after the spot price dropped over the weekend. The gap range is $64,005-$64,320. AND it is on the daily TF, which makes it a gap of a higher order and increases the chances of an impulse closure in the near future when the local trend changes.
The nearest gap below is now only the remainder of the February gap, $47,815-$47,950. The next ones are already below $35,000.
