CME Futures for BTC will Expire on 26th August 16:00 UTC.
Since mid June price has been ranging near the previous bull cycle ATH. So this can be implied as a retest of ATH by technical aspects.
Last July, we saw a price dump closer to expiry week and then a quick pump again by closure of expiry week. This august we see similar price action so far. Currently the price is above previous ATH showing some bullish nature.
Since mid June price has been ranging near the previous bull cycle ATH. So this can be implied as a retest of ATH by technical aspects.
Last July, we saw a price dump closer to expiry week and then a quick pump again by closure of expiry week. This august we see similar price action so far. Currently the price is above previous ATH showing some bullish nature.
