I used to think their calls for sub 10k and CME gaps were bullshit. So I decided to investigate it for myself to get to the bottom of this. I just checked the Bitcoin CME chart and there actually is indeed a gap at $9700. This confirms sub 10k. So it was true all along. Guys... the Bobos are telling the truth... it's the Mumus who have been lying to us.
There's a gap at 69k too.
There isn't. But it's a cringey r*ddit response anyway, as older CME gaps get filled before newer ones.
The gap doesn't mean shit and neither does the CME bitcoin futures. Worthless derivatives that don't even deliver the asset.
>Worthless derivatives that don't even deliver the asset
Sounds like CFDs, which are based
CME bitcoin futures were shit, that's not a bitcoin problem
I actually looked at this chart for the first time ever last week and I come to find that it is littered with many gaps. Also I couldn't even find the fabled gap at $3,500 so theres that.
Why are gaps big deals? Doesn a gal just mean price was going up so fast that some buy orders got skipped?
Nature abhors a vacuum.
Everyone take a moment and let this soak in
There's nothing missing there. An exchange that closes for an asset that trades 24/7 missed some action that no one else did while it was closed? Fault of the exchange, not the asset. No vacuum is created when you blink while watching a movie.
Because the CME gaps have a firmly established history of nearly always getting filled later (it's exceedingly rare it doesn't happen). In other words the BTC price always returns to the price where the gap occurred.
Wow in a whole 12 years of trading?!?!
Not even that long, Bitcoin cme futures have been around for 6 years
I filled ur moms CME gap last night bitch
Charts show the past not the future
Nobody knows anythinhmg