we have a CME gap around $64,000 for $BTC
and there is support at that level too, for a
bounce. not sure if we will close the gap,
looks like we are trying!!
#write2earn #tradentell #HotTrends
What is a CME gap?
Source chatGBT :
A CME gap on Bitcoin is a price difference between the closing and opening prices of consecutive futures contracts.
It occurs because Bitcoin trades 24/7, while CME futures trade during specific hours. Some traders believe these gaps tend to get filled over time, acting as potential support or resistance levels.
When a gap gets filled, it means the price of Bitcoin on CME futures reaches the level of the previous gap, aligning with the spot market price.