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Bitcoin has closed the CME gap at $81K.
That said, two micro-gaps are still left on the chart - one around $93K and another around $70K, with the lower one being the larger of the two. The key question now is which one gets filled first.
CryptoQuant analysts believe the $93K level is more likely to be taken first, while also pointing to growing interest in altcoins. 🤑
For context, a gap is the difference between a session’s closing and opening price. BTC is not required to fill CME gaps, but historically it has done so in roughly 90% of cases.