The Bitcoin CME Gap :
is a common term in crypto trading It refers to a price gap on the CME Bitcoin Futures chart that forms when the market is closed on weekends
What Causes the Gap?
CME Bitcoin futures only trade Monday to Friday, while Bitcoin trades 24/7. So, when CME closes Friday and reopens Sunday night, Bitcoin’s price may have moved creating a gap on the chart.
Gap Up:
Sunday opens higher than Friday’s close
Gap Down:
Sunday opens lower than Friday’s close
Why Do Traders Care?
Many traders believe price often returns to fill the gap.
Gap Fill Theory:
Stats Support It: Around 80% of gaps eventually get filled but not all.
During trends with strong support/resistance
When gaps align with key indicators like Fibonacci or moving averages
If volume confirms the move
MY Thoughts:
CME gaps are a helpful tool not a guarantee. They often signal possible retracements, but not always.