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Bitcoin price fills CME gap, but '$240M market dump' stops a $104K rebound
Bitcoin delivered a classic futures “gap fill” after Tuesday’s Wall Street open as traders demanded a rebound. Data from Cointelegraph Markets Pro and TradingView showed that the BTC price action dipped further after hitting new November highs near $107,500. That formed a key resistance zone that bulls were unable to overcome, with BTC/USD then reversing downward. In doing so, the pair filled its latest weekend “gap” in the CME Group’s Bitcoin futures market, located at $104,000. As Cointelegraph reported, such gaps often form short-term targets for the BTC price. “Another gap closed within the first ... (full story)
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