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via BeInCrypto · By Lockridge Okoth

Bitcoin’s First CME Gap-Free Monday Puts a Popular Trading Signal to the Test

BTC

BTC/USDT

$79,751.49

+0.05%

$79,751.49

+0.05%

(24s)

24h Volume

$6,256,966,816.94

24h H/L

$80,200.00 / $79,442.00

Change: $758.00 (0.95%)

Long/Short

52.7%

Long: 52.7%Short: 47.3%

Funding Rate

+0.0009%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,736.01

▲ 0.09%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,300.00

Resistance 1$79,796.06

Price$79,736.01

Support 1$79,635.96

Support 2$76,187.99

Support 3$74,131.55

Pivot (PP):$79,916.17

Trend:Sideways

RSI (14):66.6

Lockridge Okoth

(05:46 PM UTC)

1 min read

Updated byMichael Roberts

0 comments

Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.

The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price…

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Source

Lockridge Okoth · BeInCrypto

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