CandleFocus Bitcoin Traders Eye $77K CME Gap, Analyst Declares it Highly Unlikely
2024-12-02
Author: Content Editor
Bitcoin enthusiasts and traders are closely monitoring the market as many anticipate Bitcoin to fill the CME gap at around $77,000. However, an analyst suggests that filling the gap is unlikely to happen soon, based on historical data where previous gaps took over 520 days to close. Bitcoin is currently trading at a much higher price point of $97,200, indicating volatility in the market. Traders are divided on whether Bitcoin will continue rising or correct itself by reaching the gap. The price of Bitcoin remains a concern due to the inherent risks and volatility in the cryptocurrency market.
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