Bitcoin’s $60K Drop Challenges Assumption That CME Gaps Always Close

A recent market move shows that price gaps on CME’s Bitcoin futures don’t always get filled, countering a long-held trading belief.

BTC

Summary

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Terms & Concepts
  • CME Gap: A price difference on CME (Chicago Mercantile Exchange) futures charts that occurs when markets open at a different price from their previous close, often due to weekend trading on other exchanges.
  • Bitcoin Futures: Financial contracts traded on regulated exchanges like CME that allow speculation on Bitcoin’s future price without owning the underlying asset.