TonyTheBullSeverino

Bitcoin BTCUSD versus BTC CME Analysis Comparison: This Could Explain The Confusion

Hey everyone – 

Doing my best to try to clear up how confusing Bitcoin has been. I have been slightly quiet, watching and trying to find the right signals versus forcing it.

I have pointed this out recently, but there is a huge discrepancy between BTCUSD and BTC CME futures. I think this is the reason for the confusing price action that isn't quite picking a side on the BTCUSD chart.

During the bull market, I would watch BTC CME futures more than I would BTCUSD. Over the last year and a half to two years, this didn't matter as much. For whatever reason, I need to watch it again, because look at how different they are.

On the left we have BTC CME futures, the right BTCUSD

CME has the LMACD starting to converge towards a bearish crossover. Price never made it into the cloud.

BTCUSD price went into the cloud and is now falling below the Tenkan-sen and Kijun-sen. These are about to cross bearish. The LMACD is cros