Bitcoin Price Dips Below $88K, Fills CME Gap; Traders Cautious
Bitcoin's price experienced a dip, fulfilling a key price target from early January, according to a report. The price movement filled a gap in CME futures. While one gap has been filled, other CME futures gaps now exist above the current price. Despite this development, traders are reportedly maintaining a cautious stance regarding future market movements. The report highlights the volatility and speculative nature of Bitcoin trading, where price gaps and futures contracts can influence short-term market behavior.
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