Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit

Community reacts as Mark Cuban calls for regulations after getting ‘rugged’ on TITAN

Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit

Start Earning Interest

Crypto markets saw familiar downside on Friday, ahead of the weekend. Meanwhile, one trader pointed out an unfilled ‘gap’ in the CME futures market, which could spell further downside.

· 2 min read

Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit

Bitcoin and Ethereum prices start to fall as the weekend approaches, a move that has become a familiar pattern in the past few months.

It can be seen that weekends recently have been ‘red’ for the cryptocurrency markets as the volume drops along with the price.

To read the rest of this article, sign in or join CryptoSlate Edge.

CryptoSlate Edge helps you understand the cryptoasset market more clearly.

We can all agree that the crypto market is fast-moving and confusing, but CryptoSlate Edge can help make sense of it for you.

Enhanced news coverage
  • Exclusive articles and insights

    Get an analytical edge by accessing members-only articles with curated insights from crypto analysts around the globe.

  • Real-time charts and price snapshots

    Gain a better understanding of the market with real-time charts, price snapshots and more market data in every news article.

  • Explore the companies, products and people in our articles

    We display profiles of people, companies, products, and assets related to every Edge article so you can connect the dots.

Extensive crypto asset and sector data
  • On-chain metrics and social sentiment

    Gain a better understanding of the on-chain trends an explore social sentiment for individual crypto assets.

  • Crypto asset transaction demographics

    Understand where the majority of crypto asset transactions are taking place globally.

  • Explore innovative projects and sectors

    Follow new projects and crypto sectors with our manually curated data for over 50 industry verticals.

What else?
  • Private Telegram community

    As an Edge subscriber, you will access new articles first and engage with the community in our private Telegram channel.

  • A clean, ad-free experience

    We hide all advertisements for CryptoSlate Edge subscribers.

  • Support independent journalism

    As an independent organization in the blockchain industry, we are guided by a strict editorial policy that emphasizes objectivity and transparency in our coverage.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

What do you think?

Tim Draper Sticks with $250K BTC Price Prediction

Tim Draper Sticks with $250K BTC Price Prediction


Litecoin bulls setback below $160