Bitcoin Displays Disturbing CME Gap, Here’s What Happens If The Gap Closes
Bitcoin is now back trading above $115,000, but the recovery comes with a shadow that cannot be ignored. A new gap opened on the CME Bitcoin futures chart, and while the spot market has pushed higher since then, the presence of this gap opens up a bearish scenario. These gaps have a history of pulling Bitcoin back down to fill them, and the most recent one opens up questions about how long the current bullish momentum can last. Bitcoin Opens Up Huge CME Gap Crypto analyst Daan Crypto noted on the social media platform X how Bitcoin opened the week with a huge CME gap that has continued....
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