Bitcoin Fills CME Gap While Trapped in Bearish Descending Channel – What’s Next?
Bitcoin just closed a critical CME futures gap—but bulls aren’t celebrating yet. Price action remains locked in a descending channel, signaling persistent selling pressure. Here’s why traders are watching the next move.
The CME Gap Closure: Market Mechanics at Work
Gaps in Bitcoin’s CME futures chart finally got filled—a textbook move that algorithmic traders love to exploit. Yet retail investors? Still waiting for their ‘aha’ moment.
Descending Channel Drama: Bears in Control?
Lower highs and lower lows paint a grim picture. Until BTC breaks this pattern, every rally remains a trap for overeager bulls. (Wall Street analysts nod approvingly—volatility means commission fees.)
Will Bitcoin defy the downtrend or succumb to gravity? Either way, the market’s about to make someone very wrong—and very rich.