What is a $BTC CME GAP, and will the CME GAP be filled?
A CME GAP in Bitcoin futures trading occurs on the Chicago Mercantile Exchange (CME) when a significant price movement happens over the weekend. This is because CME markets close on Friday, and the last trading candle is recorded at that time. When the markets reopen on Monday, a new candle forms, creating a price gap due to the movement that occurred over the weekend.
Currently, #BTC has a CME gap with a high probability of being filled. The testing range for this gap is forming between $77,000 and $82,000. Today, BTC’s price has tested the CME gap, and now the key question is whether it will be fully filled.
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