🅱️ Bitcoin CME Futures Premium Confirms Bullish Continuation

Bitcoin's CME Futures currently trades 500USD or 1.27% higher vs Bitcoin Spot (BTCUSD). This premium clearly reveals a bullish bias for Bitcoin.

When Bitcoin starts a new trend or, is set to move higher and does move higher or, simply becomes bullish, futures prices always trade at a premium vs spot. This is the situation we are in now.

This bullish bias is supported by a strong reading coming from the oscillators as well as a bulls dominated volume profile.

Only in early November 2022 is bear volume really high, the rest of this chart clearly shows bull volume being predominant during each major move.

Bitcoin is set to move higher, this is based on many signals coming from this and other charts.

Namaste.