Unity-Trading-Group

BTC ... GAP or BUST!

BITSTAMP:BTCUSD   Bitcoin
Good Afternoon Everyone!

A glance at BTC, I'll keep it short & sweet.

- Right now, we've been respecting the TA that we've been sharing to the $$$, super happy about that!

- We are SO SO CLOSE to this CME gap at 9600 being filled, what I said earlier & I'll say it again here, statistically, it's likely that we WILL fill the gap there, however I won’t discount the IDEA that the Market Makers are planning for this, so it would be wise to accommodate this in your strategy.

- Longer Term, looking at the High Timeframes, specially the 1D, the HIGHEST QUALITY Demand Zone is at 8800, whether not we get there remains to be seen, I'm not suggesting anything & I'm not getting too much ahead of myself here but, this WOULD be the HIGHEST quality level and its one to keep on your radar for the Macro scale.

- In conclusion, looking towards some relief too cool all the indicators down a bit (which we are having now admittedly) before we potentially fill that GAP at 9600 and then I'll be anticipating a MAJOR market decision there. Whether we continue down and come to rest at 8800, or we reverse and see those 10 - 12k Highs again.

Stay Safe & have a great day!

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