Bitcoin Price Analysis: Potential Bottom at $88K if CME Gap Remains Open
According to reports, Bitcoin has filled one of two new futures gaps, dipping below $90,000. Analysis suggests a potential bottom level for the next BTC price cycle. The development highlights the impact of futures gaps on Bitcoin's price movements and potential future price levels. The analysis focuses on the relationship between CME gaps and Bitcoin's price action, suggesting a possible floor for the next cycle if a specific gap remains open. The report underscores the importance of monitoring futures data for insights into potential Bitcoin price trends.
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