Assessments / Blog

BTC #F Demand again

The daily chart above shows our SUPPLY and DEMAND Dashboard and BXB (Bar by Bar) Signals for Bitcoin Futures trading on the Chicago Mercantile Exchange(CME).

Readings are based on Supply and Demand and Volume internal data. It is updated in real time during the trading session of the CME exchange and does NOT take into account any price indicators or mathematical formulas using price. We do however show the cumulative price change for the trading session and in some instances assess price movement’s relationship to Supply and Demand.

It is therefore fair to say that the readings and signals are independent from other popular price indicators and others shown on the chart. The readings are an independent assessment of the one and only measureable fundamental market mover: SUPPLY and DEMAND. It does not matter if price is influenced by a geopolitical event, seasonality, fundamental economic data releases or sentiment driven news, etc. It all reflects in Supply and Demand, the “footprints” of the “Big Boys” or “Smart Money”.

Click here for example of reversal trade taken in Feeder Cattle that can be found on this page.

The short term weakness has subsided at the moment with Demand dominating the last two days. Demand is also dominating on a 3-Day basis. We need to see a price close above the 7730-level for price to become bullish again in the very near term.


Daily Signals May the 25th

All readings are based on the trading session close for BTC continuous contract trading on the CME!


The Supply and Demand Reading (1st row) was 2.4 which indicates Demand had the upper hand the time the reading was taken.

Supply and Demand Direction (3nd row) is to the upside (blue up triangle), indicating upwards direction.

Average Supply and Demand Volatility (4th row) is above 100% and is bearish, but weakened. The change in average Volatility from the previous day was positive 67 (Demand is getting stronger) as shown on the right of Sup/Dem Dashboard.

BXB Signals:

We have no signal on the signals board (1st row).

Daily Volatility direction (2nd row) is Bullish (blue up triangle). The change in daily Volatility from the previous day was positive 23 (Demand is getting stronger) shown on the right of BXB Dashboard.

Average Volatility direction was Down (maroon down triangle in 3rd row).

Supply / Demand direction was Up (positive reading in 4th row).



We are still in Selling pressure territory with bearish average Volatility readings. Price needs to take out 7730 to turn the path North again.