For BTC it's still closing lower than opening (short by USD10) on the hourly charts and making new lows. Until it closes above this morning's open on the hourly chart, there is little indication that it will chase after the gap.

GBP/JPY gap this morning of 280 pips almost filled by the time of this posting (just 3 pips short). So anyone risked the gap closing concept would have about 270 plus pips in the first 4 hours of the gap forming. Note that it has yet to close the gap after multiple attempts in the last 3 plus hour. Just shows a lot of selling interest still above the gap and continue shorting the GBP/JPY if the gap fails. That is usually how the gap concept is used on Monday mornings as I mentioned a few post back.

For BTC it's still closing lower than opening (short by USD10) on the hourly charts and making new lows. Until it closes above this morning's open on the hourly chart, there is little indication that it will chase after the gap.

Forbes has an article quoting Arthur Hayes, whenever this negro speaks the opposite will happen. He says Bitcoin gonna boom in April thanks to the Feds. My bet is get ready for an earthquake crash instead.

Few years back he mentioned about The Merge, ETH PoW to PoS, he wrote a freaking tldr article & tell his readers if you don't understand a word just buy the dip, I buy the dip & ETH price went deeper, I needed to wait 8 long months before selling to get a profit.

Seriously whenever he says a thing the opposite will happen.

No need puak puay also can know.

btc and forex are not same. It is not necessary will close the gap.

So meaning any moment later if btc increase up to 79600 (open hour today), then it has intention to close the gap. Something like that?

If you look at candle stick patterns, almost every candle stick has a wick or shadow above and below opening/closing price. Today's BTC day candle does not have a wick above the opening price. Therefore the opening price will be the first target (not the GAP) that BTC needs to close above before it can progress further. The question now is are there sellers all lined up above the opening price to continue pushing the price down. There is never a certainly a gap will be closed and that is why I said Gap Closing is a very short term play. After that other price action levels will takeover and the gap fill is considered failed.

Dont know why crypto lag 3-4 days for drop to happen. Maybe preparing for black monday tonight?

3k more toward 73k. If if history is repeating, this is where i think they drop the nuke like in late 2021 53k support. I was there , live.

The next level it needs to hit first is 67K, the sell into buy 2 days before Trump winning the election on 4th of November. That would be the level to watch before 59K and then 53K. Also 53K support level is at Sept 2024, not 2021. You don't look at that 2021 high and call that support. You look at the latest low to call for support and that would be Sept 2024 at 53K.

my turn to blow water... hehehe...