Bitcoin closes $ 9,800 gap on CME futures

    Рост BTC
    BTC growth

    Today, the price of bitcoin has risen short-term above $ 9,900, which allowed to close the gap on CME day futures that appeared after the fall of May 10th.

    Недельный график биткоина
    Bitcoin weekly chart

    The current growth from the point of view of technical analysis is explained by the bullish fractal. BTC also repeats the history of 2019, when there were 7 consecutive green candles on the weekly chart and the last of them showed strong growth. After that, the price of bitcoin almost reached $ 14,000.

    If this scenario repeats, we can expect a rise in the price of BTC to $ 15,000 this summer.

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