📉 Bitcoin Fills July CME Gap — What's Next for BTC?
👉 Bitcoin dropped to $114,322, precisely filling the CME gap left in July.
👉 This drop came amid fresh U.S. trade tariffs, which impacted BTC more than traditional markets.
👉 The $114K gap fill has traders split — some expect a bounce, others eye a further dip to $104K if $116K isn’t reclaimed.
⚡ Ted Pillows expects a rebound: “We should see a nice upwards movement now.”
⚡ Cipher X warns: “Watch closely — the real test is if $116K holds.”
⚡ Crypto Candy says BTC needs to close above $115K–$116.7K, or we may head to $111.8K before any new highs.
💪 Meanwhile, traditional markets like the S&P 500 barely flinched, down just 0.4%, showing BTC is reacting more sharply to macro pressure.
👂 With rate cuts off the table for 2025 and hawkish Fed tone lingering, crypto traders remain cautious.
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📌 CME gaps matter — and this one just closed.
Will it be the bottom... or just the beginning of a deeper dip?
#CryptoNews #BTC☀️ #CryptoMarket