BTC CME Futures chart
Although, bitcoin shows bullish signs, for now it still lacks the momentum for a massive breakout. BTC still heavily relies on 200-day moving average for a support. There is also a concerning chart on CME Futures, where a gap in between $8900 and $9000 still isn’t filled. In order to fill this gap, bitcoin price would need to go down 6% from the current price.
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