Bitcoin Fills CME Gap—But What’s Next for BTC? 🤔
What to know:
- CME Bitcoin futures gaps—because apparently, trading 23 hours a day isn’t enough 🙄.
- Monday’s market dive saw Bitcoin at $77,930, officially playing gap-filler. 🎯
- Still clinging to its dignity, one last unfilled CME gap looms, taunting us at $84,200–$85,900. 🍞
Ah, Bitcoin—forever dramatic, forever elusive. CME futures showed BTC’s price dipping to a deceptively
low $76,700 this Monday, as it finally toppled the CME futures gap from November 5. Yes, that same
gap when election drama was enough to make the market go *pop*. 🗳️
February teased us cruelly when Bitcoin made a half-question-sorry attempt to fill this gap,
only to retrace around $78,500 like a nervous gambler backing out of an overpriced poker
table. 🤷 Fact: Monday’s breakdown officially closed the gap—from $77,930 to $80,600.
Now, a little bedtime reading: CME Bitcoin futures are the drama queen of trading, because
they only operate 23 hours daily—you know, *boundaries*—from Sunday to Friday, unlike
the spot market that doesn’t believe in sleep and trades 24/7. Gaps occur like an
awkward pause in conversation: one moment’s closing price doesn’t match the next moment’s opening.
Stellar suspense. 🕰️
CoinDesk research reports, with a “don’t cite us on this” vibe, that out of the last
80 CME futures gaps, all but one had to face their fate and get filled eventually.
Who’s betting on that last gap (from $84,200 to $85,900) making an Oscar-worthy comeback? 🎥
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2025-03-11 14:11