Bitcoin is currently trading at around $26,066.10, but there are CME gaps that could impact its price in the future. The first gap is at $ 35,000, created after the price of Bitcoin surged in early July. The second gap is at $27,000, created after the price of Bitcoin crashed in late July. The third gap is at $ 21,000, created after the price of Bitcoin crashed in early August.
It is unclear which of these gaps will get filled first. Some analysts believe that the $35,000 gap is the most likely to be filled, as it is the largest gap and it has been open for a long time.
Others believed that the $27,000 gap is more likely to be filled, as it is the most recent gap and is located in a more bullish position. But few traders expect that the $21,000 gap is the most likely to be filled, as it is the lowest gap and it could trigger a panic sell.
Have A Look :-
News Source : – https://shorturl.at/brHY3
Featured Image Source :- https://shorturl.at/fvRU3