$BTC

CME Gap Opens Possibility for Near-Term Pullback now rate $87000

Despite the optimistic outlook, BTC’s recent rally has created a CME gap between $77,800 and $80,600. CME gaps, especially on the daily chart, often get filled as prices retrace to cover the gap. This suggests that Bitcoin could temporarily pull back to around $77,800 before resuming its ascent. Anonymous analyst Scient anticipates a possible halt around $84,000-$85,000, with a potential 7-10 day consolidation period before BTC continues its upward momentum.