Bitcoin CME Futures Gap Filled!

Traders,

One more negative indicator has been eliminated. You'll remember that in yesterday's post I pointed out this gap created a couple of days ago. 99% of all gaps are filled, and they are usually filled sooner rather than later. To have our gap to the downside filled so quickly is rather bullish IMO. We now have a new pivot high on our daily charts on Bitcoin as well as many/most altcoins, and we are forming what appears to be bull flags on many of these same charts.

Stay tuned as always. You know where to follow me for all the latest trades. I don't always post everything here.

Stew