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Lean Bullish if Bitcoin Price Closes Above $10,635 on CME Chart: Josh Rager

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According to cryptocurrency trader Josh Rager, Bitcoin enthusiasts should keep a close eye on the CME Bitcoin futures chart. The gaps in CME futures historically predicts future BTC price moves on spot exchanges.

He currently leans natural, but BTC futures filling up the gap at filling the gap at $9965 on the daily chart could open the door to a further breakout above $10,000.

There are still some gaps that haven’t been completely filled over the past two months. Earlier, Chonis Trading, another crypto trader, claimed that BTC would continue bleeding until it fills the $8,515 gap on the CME weekly chart.

Cover image via CryptoComes.com

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Alex Dovbnya

Alex covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. He’s a firm believer that Blockchain has the potential to reshape pretty much every business out there, and cryptocurrencies are only a stepping stone to the upcoming decentralized revolution.