Bitcoin's Three Fair Value Gaps: What Do They Mean?

In today's post, let's discuss about BTC/USDT price analysis according to one day time frame and we will try to explain about the possible moves in the coming days and what are the latest news about Bitcoin.

The current price of Bitcoin is around $92,490 which is currently at its resistance level, according to one day time frame.

There are 8 candles which is making a consolidation phase and is trying to break out and make another high and reaching the level of $100K.

But what are the worst scenarios if in case BTC takes a crash?

This is my first time in the crypto life that I am seeing 3 fair value gaps.

You can see the fair value gap between 81,000 to 84,000, another fair value gap between 77,000 to 80,000 and the third fair value gap between 70,000 to 74,000.

These are the three fair value gaps which really makes worry the investors about the further investment.

According to CMC trading and other institutions, they always prefer fair value gaps with their trading. They follow the FVG pattern which makes worry many trader.

Now one thing which makes sure is that fair value fair value gap will be filled at any time.

According to my analysis, the 3rd FVG is the most strongest one with having a block order at 73,500 and is most likely to be filled.

You can see in the chart below. The line which I have draw indicating the FVG,s.

Therefore I will recommend every investor that be cautious at this level because the market has to drop.

Its not possible to go continuously upside in one direction because if it does that market will be weak and it will later crash very badly.

What do you people think about the possible next move of Bitcoin?Do you think these FVGs are necessary to be filled? Will be glad to see your answers in the comment section.

I hope you find this post useful and informative. If you do, please remember to reblog it so that it reaches as many people as possible and that they can benefit the most from it. Also, remember to upvote, which will help me financially and grow my account.

IMAGES TAKEN FROM TRADING VIEW

Thank You!
Best Wishes.