Disliked{quote} The only way this big trade will play out is if Iran is bombed over the weekend. I was contemplating betting on this outcome. It is not likely to gap up if nothing happened but it could gap down hard. What am I even saying. Bitcoin trades 24/7 unlike gold or even crudeIgnored
Well there is the CME gap.
I think we're getting a substantial gap down, but up is still possible, but im betting against it.
The bet is that this TL will not hold again. So far there was a bounce after CME close, It did have me squirming for a minute there second guessing myself, but decided to just let it play out.
If this TL breaks, well lets face it, this move up was UGLY. Very weak and choppy until the pop at the end. We start heading down looking for a place to turn, I dont see it happening from this wave up we had.