$BTC The current CME gap for Bitcoin (BTC) is between $77,930 and $80,670. This gap is significant because Bitcoin's price tends to move towards filling these gaps. Here's what you need to know.

- *Gap Formation:* The gap formed due to the difference in Bitcoin's price between the closing price on Friday and the opening price on Monday on the CME Bitcoin futures chart.

- *Price Magnet:* The gap often acts as a price magnet, pulling Bitcoin's price towards it.

- *Market Sentiment:* Closing a downward gap typically indicates a bullish signal, potentially leading to a price rebound.

Some analysts believe that filling the CME gap could result in Bitcoin regaining lost momentum. However, the current market sentiment and liquidity conditions will play a crucial role in determining the direction of Bitcoin's price.

Keep in mind that Bitcoin's price action remains weak unless it reclaims key resistance levels. If it fails to do so, the probability of a deeper correction increases ³.$BTC $BTC