BTC Price Faces CME Gap Ahead of 'Uptober:' Crypto Daybook Americas
12 Articles
12 Articles
BTC Price Faces CME Gap Ahead of 'Uptober:' Crypto Daybook Americas
By James Van Straten (All times ET unless indicated otherwise)Bitcoin (BTC), up 2.5% in the past 24 hours, has created a CME futures gap between $110,000 and $111,335. That's the difference between its prices when the CME market closed for the week on Friday and reopened on Sunday. Ether (ETH) is showing a similar setup. That has gained 3.4% and left a futures gap starting around $4,000. The thing about CME futures gaps is that they tend to get …
Bitcoin Eyes $115K Surge Despite CME Gap Risks
Bitcoin has experienced a notable rebound in recent days, climbing back above $114,000 amidst a period of consolidation and strategic de-leveraging in the crypto markets. This upward move suggests renewed bullish momentum, although traders remain cautious about potential short-term risks, particularly from CME gap levels. As the cryptocurrency markets continue to demonstrate resilience, analysts highlight key technical indicators and market dyna…
Bitcoin traders see $110K CME gap dip next as BTC price gains 1.5% – MAXBIT
Bitcoin hit $114,000 at Monday’s Wall Street open, but a CME gap made traders cautious, instead expecting a BTC price correction to $110,000. Key points: Bitcoin bounces back with a trip to $114,000 at the Wall Street open. Traders remain wary of a retracement, especially thanks to a new weekend CME gap opening at $110,000....
Bitcoin Traders Target $110K Amid Looming CME Price Gap - The Market Periodical
Key Insights The Bitcoin CME gap closes at $109,236, raising upside potential in the coming week. Analyst highlights key BTC support at $108,500 and $110,000. Institutional BTC interest dwindles, but it is not hampering Bitcoin’s rebound chances. Bitcoin (BTC) traders are positive about the coin’s future price breakout amid a looming gap on the CME exchange. BTC has slightly increased in the past 24 hours as traders anticipate a price surge tow…
Will BTC decline to fill the CME gap before recovering?
Bitcoin (BTC) trades at around $112,200 at the time of writing on Monday after a 2.66% correction last week. The weakening institutional demand also adds to the bearish pressure as spot Exchange Traded Funds (ETFs) recorded over $900 million in outflows.
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