/biz/ - Business & Finance

>>18986826
Are you bullshitting or srs?

>>18986826
>uses 2016 charts

>>18986826
Cope

>>18986826
> filling the 11k gap before the 3500 gap
> bullish

>>18986847
im serious its creating a huge gap right now in the CME futures.
>>18986849
are you retarded? google BTC1!

>>18986826
Sorry, newfag. We will fill the $3.5K gap first. We can't start the GBR without doing that first.

>>18986826
What I’m looking at boss? Elaborate.

>>18986870
To many eyes on this. Chinese Twitter all talking about it. 3.5k won't happen.

Imagine making a big deal about this baby dump. You faggots weren't around in winter 2018 I see

>>18986873
futures market my friend, right now it is closed forming a huge gap between 10,000 and 8,600 and damn near every gap gets filled eventually. Google BTC1! look at the futures market for yourself under the "full featured chart" >>18986870
This guy may be right and 3.5k may get filled but if it were going to get filled why didnt it when it was at 3.8k a few months ago?

>>18986826
based op is correct
then it's going to 4k
don't short this dip bobos

>>18986870
Fuck you're a stupid cunt.
There were no futures gaps in early 2017

>>18986980
gap is from 2019 faggot

>>18986980
It's from 2019, retard . Get fucked

>>18986861

Explain to me like im a retard what this 3500 gap is

>>18986947
I'm looking forward to another.

i really don't believe you lying fuckers

>>18987096

>>18987096

>>18987096
It’s microscopic. It’s like a few dollars, don’t know if it counts cuz there’s a gap at $200 on bybit or something.

>>18987096
it's on lower timeframes
see the 4h

>>18987143
there's also a new one at ~7500 from last few weeks

>>18987096
17th of feb 2019, a total of 20 dollar gap.

>>18987143
>>18987170
lmao if it's a few fucking dollars, in a sphere not defined by traditional finance metrics, then it's a fucking anomaly and probably won't get filled for years, if at all

>>18986826
>tripled in price in two months
>drops 2k in 10 mins
>ThIs Is BuLlIsH

This is you, retard

>>18987210
don't underestimate the jews

>>18986870
>>18986958

I never messed with futures. Can someone explain why the gaps HAVE to get filled? From a technical standpoint?

>>18987277
Yeah I'm in the same boat dog. Why the fuck do gaps need to be filled? What even is a gap?

>>18987277
best way to understand it is that nature abhors a vacuum

>>18987255
hmm maybe. it is a pretty cheeky denomination that doesn't make it appear like a gap. if you guys didn't correct me, i would've pulled my hair out trying to find it

>>18987314
even more confused now. Laymans terms man

>>18987314

"horror vacui"

>>18987181
yeah, but we've obviously closed above it already.
>>18986870
ah man, this is pure delusion. I'm not seeing any gap at 3.5k, and even if there were the market doesn't give a fuck about a minor gap in 2019

>>18987170
so...it's not even valid. kek. silly bears

>>18987339
do you see the purple blocks >>18987111
it show times where the price jumped because CME doesn't trade on the weekend so it create a gap in their chart
in 2.5 years of trading almost all the gaps have been revisited ie: the price went back there, except for the 3 arrows

>>18987380
>yeah, but we've obviously closed above it already.
the gap was created on the way up

>>18987339
gaps are vacuums and the very nature of literally everything hates those. our survival depends upon that hatred. everything must be filled in. it's fundamentally why we aren't all sucked out into space. nature created a way to keep the vacuum of space at bay. same thing here. gaps, again, are vacuums. they're unmarked holes. and nature by definition of itself can not allow those to be. so theoretically, all gaps(it's something like 90-99%) get filled. if you think TA is bullshit and you can't read trends or balance sheets, just look for gaps. you might be waiting 6, 10, 20 years but you almost might wait a few months. either way, they eventually get filled

>>18987277
they don't have to. they often do, but that doesn't mean they always do or have to. legit the only reasoning you'll ever hear is "nature abhors a vacuum", which obviously doesn't satisfy the question

in a way, its nature asking itself-- would someone buy/sell at that price? because right now the answer is "null" and producing an error because it/we doesn't know and we must find out

>>18987421
what timeframe are you even looking at? I assumed you were talking generally about the one higher up around 8k. anyway...if it's not on the daily chart, who the fuck cares.

>>18987453
makes sense to me. reality is literally filled with objects of everything. i can't point to a corner of the room and have nothing be there. plus it really is something like 99% of gaps get filled, that's actually fucking bizarre

>>18987476
i too have been smoking tonight...

just googled it 91.4% of gaps get filled.

>>18987506
>>18987111

>>18987528
kek i haven't smoked shit. its a fun topic to discuss because it's insanely fascinating.

>>18986870
imagine thinking this shit means anything

>>18987442

but why would price cross many well-established strong zones of support just to fill a gap? I don't buy it. Especially because we were in that area on March 12 heading downward at high speed, and we somehow did not head to that gap.

>>18987513
reality is a void anon, it's okay to be reminded of that sometimes.

>>18987352
>horror vacui
interesting, never heard of this before

>>18987203
>looking at 2hr charts


You can find endless gaps if you pick the timeframe, the only one that matters is DAILY chart which has no gaps.

>>18987633
>the only one that matters is DAILY chart
who says?

>>18987564
Agree. Why would we not just touch 3.5k when we were at 3.8k and instead opt to drop from 8.6k today all the way down to 3.5k. I suppose maybe because a potential halving dump but imo I see a bit of a pump before the dump

>>18987565
true, beyond reality it is a void. but reality itself has no voids because if it did, we'd all go blistering mad

>>18987564
and that... I don't know. all signs say we should've filled the gap that day. who knows why we didn't. support levels are really good benchmarks and can really take a beating but once they're pierced, prepare for retests that either hold the line or fail.

>>18987633
the daily chart has some wired shit
pic related on feb 19 the 4h close at 9600 but the daily close at 10220

>>18987476
It's not some big mystery why the gaps are created, therefore it's not a vacuum. They are created by some pretty basic human shit (work hours basically), and acknowledged by humans as such, so the metaphysical explanation doesn't hold weight. They get filled usually through volatility and a large enough data set.

i'm out

>contracts based off of a floating value currency must adhere to the laws of physics
Lol desu

>>18986958
because king nigger's exchange got (((DDOS'D))) and FIAT exchanges bought the dip.

there was only 28 million contracts of liquidity on the bid side before mex shut down with many millions still in the liquidation engine. BTC could have seen 0 on that dump. Unironically.

>>18987513
your moms gap is geting filled

>>18987716
That was the fucking pump you dumb cunt. 3.8k to 10.3k in 2 months. It’s going down to 3.5k then running hard into 2021 and beyond.