CME gap as targets: every gap in the past has been filled BITCOIN FUTURES (CONTINUOUS: CURRENT CONTRACT IN FRONT) CME:BTC1! mabonyi I will reiterate, since CME opened for trading, every daily gap has been filled. Do not believe the ambiguous articles saying you shouldn't worry about it all of a sudden. They provide no detailed analysis. Even if it is a 95% chance of being filled, we have a bunch of gaps right now. Do you want to take the chance they're left behind? Having been through the bear market, the 2019 run up thought it was going to break away from CME gaps too, but it didn't. They all got filled, right down to 8k. What was the bottom of the bear trend of late 2019? The CME gap. The thing about CME gaps is that they are like free liquidity, specifically from big funds and institutional finance who use the CME futures . It is the same principle as you see in big volume green candles -- for each one, market makers opened short positions as the counter-party when retail went long. It is money a-begging on the table. Daily CME gaps are not a prophecy and have no timeline. It's about nearby liquidity and gaps are a simple way to see that liquidity. The closer the gap, the more gravitational force it exerts, because market makers want to suck up that liquidity. Right now, we are still recovering major bullish candles upwards, where market makers built short positions and are now closing them in serious number. The Gaps Every daily gap I could find is marked on this chart as green if CME closed high and opened low, creating liquidity above ( bullish pressure), and red if it closed low and opened high, creating liquidity below ( bearish pressure). They are all on the chart -- feel free to explore them. The Big Gap So this is what we have as gaps, partial and major. The major one is 23k. Everyone, please, keep your BTC safe from this drop. It isn't that far away from the current bottom of 30k. What can you do? Short your BTC 1x or convert it to something that'll hold value or sell it or set up an accumulation at 24k. Whatever action you take, ensure you profit from this move. It will be big. By the same token, don't do anything immediately. DYOR. Be cautious and don't call it early. What's the signal? A rollover in BTC at the moment, or a spike to the high, will be your signal that we're going to fill the gap. If we slowly climb out of consolidation, I will be the first to be happy about this analysis being wrong. Other Gaps It will be brutal if we close the 23k gap, because then the second largest comes into view at 18k, only -21% away from 23k. The chance of that being closed around the same time rises the closer it is. The third was only partially filled but as I show at the top of the market on 2021 and earlier in 2019, we always close partial gaps too. They happened a number of times in the past. Macro Analysis The big question is about this consolidation. What are market makers doing.... Are the market makers building longs or only closing shorts? They could be building longs too. There are big red candles above us and there is a very small gap at the top around 59k - 60k, but I think it is less attractive given how much retail got wiped out. They are in a markdown phase still. It is more likely to be filled when the major ones below are done. Bear Market? Does this mean a bear market? No. Activating liquidity is good for the market. Closing these gaps is healthy. You need only look at the bear trend of 2019-2020 and how rapidly it recovered after closing the gap. Were it not for the COVID crash, the 2020 bull run would've been starting a year earlier, in my opinion. It had all the signs and it felt very healthy at the time. Whatever happens, be prepared for a big pump out of these zones. There will be money to be made as retail panics. You might as well start accumulating now with fear running so high.