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



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

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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.

Rohan Jethi · June 19, 2021 at 5:00 am UTC · 2 min read

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.

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About the Author: Bruce Kashinsky

I wrote my first computer chess program in 1971 @ Penn State University York, PA. campus. I was taking Computer Science, and Electrical Engineering. I am still on computers to this day.

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