CME gap closures are a strong indicator for BTC behaviour because the formed gaps have a chance of over 90% to be closed. We should therefore always consider CME futures gaps to be closed with a very high chance.
Current situation: We are approaching the 18K-19K gap which is close to major support around 16,5K-17,5K area. Expect price to spike down before we might see a trend reversal.
First goals: 1. There is a open gap around @ 27K-29K. 2. Another gap @ 34,5K-35K.