Hello my fellow bloggers! Today I want to talk about the gap we have in BTC chart. Will the gap close on Monday? Let’s dive in and discus!
Source
We have a new gap on BTC chart. For those, who don’t know what gaps are:
Gaps are spaces on a chart that emerge when the price of the financial instrument significantly changes with little or no trading in-between.
The most classic gap on stock market happens when the price of an asset changes because of fundamentals between training days. As a result, closing price differs open price on the next day. Friday closing price was below $57k. Monday open price will be much higher. We can expect this gap to be closed. In other words, we can expect BTC price to fall below $57k shortly when trading opens on Monday. It is just a few hours before Monday hits Asia.
Are you prepared for the gap closing? Tell me in comment below!
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Disclaimer
I’m not a financial of any kind. I encourage you to check all information yourself and make decision only based on your own opinion. All articles are created for solely entertainment purpose.
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