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💰 Bitcoin (CME) 1D Update
After closing the CME gap around $84,000, the price has corrected as we anticipated.
A new gap has formed in the $79,000 area during the process.
The scenario I manage is the following: once the current correction is completed and the liquidity between $48,000 and $52,000 is gathered, the price should have free rein to revisit and close that upper gap and continue rising if it happens after October.
That’s why the $48,000 – $52,000 zone is, for me, the area of interest to finish the accumulation.
It’s advisable to have liquidity prepared: the coming days and weeks could represent one of the last windows to complete purchases.