📊 BTC $114,674 and CME Gap: Where is the next move?

Today Bitcoin (BTC) is trading at $114,674 and traders' eyes are now on the CME Gap 👀.

The CME Gap is created when the Chicago Mercantile Exchange (CME) opens at a new price after being closed over the weekend. Often, BTC price comes back to fill that gap, which is an important signal for trading strategy.

Current Highlights:

• There is a recent gap in the $112,200 – $113,000 range.

• Although BTC price is above that gap, analysts believe there could be a retracement to fill the gap.

• There is a high probability of increased volatility in the short term ⚡.

Trading Advice:

Be prepared for both possibilities: gap fill or breakout. Manage risk by setting stop loss (SL) and take profit (TP).

Trade smart, not with emotion. 🚀

#Bitcoin #BTC #CMEGap #CryptoTrading #BinanceSquare