Bitcoin Nears $79K Gap—Is $93K Next?
Bitcoin is filling the $79K CME gap, with traders eyeing $93K next. Will BTC hit new highs?
- Bitcoin has nearly filled the $79K CME gap, a key technical level.
- Traders speculate $93K as the next target based on historical patterns.
- CME gaps have played a significant role in BTC price movements.
Bitcoin Fills $79K CME Gap—Is $93K Next?
Bitcoin traders are closely watching price action as BTC nears the $79,000 CME gap. Historically, Bitcoin has shown a tendency to fill these gaps before making its next big move. With this level nearly reached, many are now setting their sights on $93K as the next major target.
Understanding the CME Gap Strategy
CME (Chicago Mercantile Exchange) gaps occur when Bitcoin’s price moves sharply over the weekend, leaving an unfilled price range on the CME futures chart. Traders often use these gaps as potential price targets, expecting BTC to return to those levels before continuing its trend.
So far, Bitcoin has played the CME gap game perfectly, filling previous gaps with remarkable accuracy. With the $79K gap nearly closed, all eyes are now on the next major level at $93K.
BITCOIN TRADERS WATCH THIS!
— Merlijn The Trader (@MerlijnTrader) February 28, 2025
$79K gap nearly filled
$93K gap target locked?$BTC playing the CME gap game perfectly.
Don’t get left behind! pic.twitter.com/zMkGz8WfQi
Will Bitcoin Hit $93K Next?
Market sentiment remains bullish as Bitcoin continues its uptrend. If BTC follows past price behavior, it could target the $93K CME gap next. However, traders should remain cautious, as price movements can be volatile. Key resistance levels between $85K and $90K may play a crucial role in Bitcoin’s next move.
With institutional interest growing and market momentum strong, Bitcoin’s path toward new highs remains in focus. Don’t get left behind!
