How I use CME Gaps

13 Jun 2023 · 1 min

Watch on YouTube

0:48

In this brief market commentary, the speaker explains how CME Bitcoin futures gaps have historically marked both tops and bottoms in Bitcoin price movements. He cites the early‑2022 dump as an example where a CME gap coincided with a sharp bottom, and points to an older gap that also aligned with a bottom. He notes that price tends to be attracted to these gaps, often rebounding after reaching them. Based on current market structure and range formation, he does not see bearish signals and maintains a bullish bias until contrary evidence emerges.

Chapters

The reason why I keep talking about $35K is because over here is a BTC CME futures gap that tends to mark the top for many, many pumps. And CME futures gaps can also be used to predict the bottoms for many, many dumps. For example, back here in the start of 2022, you saw a massive, massive dump. And check it out, that is a CME futures gap. And the bottom of the CME futures gap, that is exactly where the bottom comes. On the flip side, you also have another CME futures gap from all the way back here. And look at that, perfect bottom. So at the moment, watch out for the CME futures gap. Like gaps tend to track the price, you know. For example, there was a gap And look, price got attracted to the gap and then it rebounds. So at the moment, I still don't see a reason from a market structure perspective and also just the range formation right now to see that, hey, it's bearish. So for now, still bullish until otherwise proven.