Well, here we go again—another CME gap filled like clockwork. On Friday, BTC closed at $85.7K on CME, only to open on Monday with a big jump at $94.5K, leaving a massive weekend gap. And what happened next? Within the next 24 hours, the price fully covered the gap, even dropping further down to $82.8K before stabilizing.
🔹 Statistics
Historically, these gaps have shown a high tendency to be filled, with studies indicating that approximately 95% of CME gaps eventually close.
🔹 Why does this happen?
CME gaps occur because the Bitcoin futures market on CME is closed during weekends, while crypto trades 24/7. When CME reopens on Monday, price often corrects to “fill” the gap left between Friday’s close and Monday’s open.
🔹 What’s next?
Now that the gap is filled, we’ll have to see if bulls can regain momentum or if we get another leg down before continuation. Watching the next key levels!
Stay sharp!
🔹 Statistics
Historically, these gaps have shown a high tendency to be filled, with studies indicating that approximately 95% of CME gaps eventually close.
🔹 Why does this happen?
CME gaps occur because the Bitcoin futures market on CME is closed during weekends, while crypto trades 24/7. When CME reopens on Monday, price often corrects to “fill” the gap left between Friday’s close and Monday’s open.
🔹 What’s next?
Now that the gap is filled, we’ll have to see if bulls can regain momentum or if we get another leg down before continuation. Watching the next key levels!
Stay sharp!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.