#BTC CME Futures
Thereβs a CME Gap at $84k and some people think we have to fill it as soon as possible
Well, we really donβt.
It's the same CME Gap that we got at $35k in May 2022
It wasn't filled until ... October 2023 π₯
If BTC reclaims the $80,000 level, roughly $5B in short positions could be wiped out.
A strong reclaim would likely trigger short liquidations, accelerating upside momentum in the short term.
Bitcoin bounced back after hitting the $60,000 level, but is now retracing again. The support level is around the $65,000 area, and losing this level will likely lead to a drop below $60,000.
$LINK 1W chart
This looks ugly.
IF $LINK loses the Support/Neckline ($10-11), it will be so bad
Not trying to scare the #LinkMarines, but the Target of the Head&Shoulders pattern is $4-5 π―π
Thatβs the lowest $LINK could go this year IMO
Conservative downside target would be $7.15 β POC on VRVP & the 2022-2023 Accumulation Zone.
I really donβt want to see $LINK below that level