Bitcoin CME Gap is still open, why $ 78,000

This article is also available in Spanish.

The up-to-date Luka Bitcoin Chicago Mercantile Exchange (CME) has just been opened around USD 78,000 and USD 80,700. Analysts warn that this price range can act as a magnet further deterioration of the conjunction at the price of bitcoinsMaking this critical place to watch on the coming days.

According to the Crypto Rekkt Capital analyst on X (previously Twitter), Bitcoin is now lining Increased variability when it approaches the key filling CME GAP from 78,000 to 80,700 USD. Gap CME represents the price differences on the Futures Bitcoin chart traded on Chicago Mercantile Exchange.

Open the Bitcoin CME gap signal further crisis

Usually CME Bitcoin Futures Market It works only on weekdays, which means price movements that occur on weekends, usually leave the price gaps. These spaces are filled as retration of the price to cover the imbalances left.

The current Luka CME Bitcoin from 78,000 to USD 80,700 was created at the beginning of November 2024, when the cryptocurrency experienced a acute breakthrough of the price above the resistance. Since then, Bitcoin has not visited this zone again; However, Rekkt Capital believes that he is coming to him quickly now.

BTC CME GAP remains open Source: Rekt Capital on x

The analyst revealed that later reaching a peak above 100,000 USDBitcoin quickly withdrew, experiencing a deep correction, which reduced it to the current price of 79 267 USD. Rekkt Capital indicates that a recent fall in Bitcoin is consistent with the historical fractals, where CME gaps are filled Before its price finds a up-to-date direction.

According to charts analysis, if Bitcoin continues Current trajectory downA price colleague from 78,000 to 80,000 USD will have to be closely monitored. Maintaining this range would signal the potential reversal and renewed stubborn rush. However, there may be no support clear to further declinewith the next main support level of around 71,535 USD and 60,590 USD.

Other market analysts have a similar sentiment. Crypto VIP signal on X MA prohibited A decrease in the support area by 72,000 to 74,000 USD if Bitcoin does not maintain the price level of CME. The analyst emphasizes that this range of the gap is the last chance of BTC on Bounce prices Because the market looks more and more bears.

BTC introduces sales levels for the first time since 2024

In addition to the recently open CME gap, Bitcoin also has Conditions sold out were introduced For the first time since August 2024, he suggests that the price of Bitcoins has dropped significantly and allegedly trades below its actual value, potentially signaling possible reflection.

Given the current decline in the state of the market, this up-to-date discovery is perceived as a positive signal. Cryptographic analyst Ali Martinez revealed That in 2024, when Bitcoin reached similar levels of sale, it led to a huge price enhance by 33%. This means that if historical trends were to be repeated, BTC can also initiate Powerful price rally up.

A distinguished picture from Adobe, chart from TradingView.com