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95% Chance Bitcoin Hits THIS Price

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Today we are going to be talking about the CME gaps for Bitcoin. Learn more at https://BitBoyCrypto.com

The CME futures gap has often been used to track Bitcoin price fluctuations, as closures result in the asset returning to the price level before it opened up. The gap forms on the weekends when these major exchanges are closed and there is a sharp movement in Bitcoin prices during this time.

The talk of the crypto community in the past few months has been the gaps on the Bitcoin (BTC) CME (Chicago Mercantile Exchange) futures chart. Bitcoin trades 24/7 on major exchanges but does not trade on weekends on the CME. This often creates a gap, or empty space on the chart when trading resumes on the CME.

There are many ways in which cryptocurrency trading resembles the traditional ones, but there are just as many differences, as well. That’s why it’s possible to use regular definitions, but they need to be appropriately adjusted and related according to the specifics of cryptocurrencies.

Price gaps, for example, are something seen quite regularly within traditional markets, and we can already see them becoming a factor to consider when it comes to Bitcoin price analysis as well.

A gap is an area of the chart where an asset’s price either rises or falls from the previous day’s close without any trading occurring in between.

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