Bitcoin futures signals volatility with its largest-ever CME gap ahead, raising questions about its next move and price retracements.
futures market just recorded its largest-ever CME gap, a consequence of the massive price movement following U.S. President Donald Trump’s unexpected announcement of a national crypto reserve.
These gaps often serve as psychological levels for traders, with past market cycles showing a tendency for Bitcoin to revisit them.The latest gap, formed between $84,650 and $94,000, is unprecedented. For comparison, the previous record in August 2024 stood at just over $4,000. Bitcoin remains above $90,000, a crucial psychological level. If selling pressure increases, BTC could decline toward $85,000, a level that may act as strong support. However, if momentum holds, a retest of the $94,000-$95,000 resistance could signal further upside.
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