Bitcoin Fills CME Gap for 6th Straight Week
Bitcoin continues its streak by closing the CME gap on Monday for the sixth week in a row.
- Bitcoin closed its CME gap immediately after futures opened.
- This marks six consecutive weeks of early gap closures.
- Traders are closely watching for Monday moves.
Bitcoin once again demonstrated its tendency to fill CME futures gaps, as it closed the latest one almost immediately after the market opened. This marks the sixth consecutive week that Bitcoin has closed a gap either on Monday or very shortly after, reinforcing a pattern that traders are starting to take seriously.
The CME (Chicago Mercantile Exchange) Bitcoin futures market is closed over the weekend, which often causes a price “gap” between Friday’s closing price and Monday’s opening level. These gaps have historically had a high probability of getting filled — meaning Bitcoin’s spot price revisits the level of the gap — and this recent streak is underscoring that trend.
Why Are These Gaps Important?
CME gaps have become a focal point for many technical traders. These gaps often act like magnets, drawing the price back to those levels. The fact that Bitcoin has been closing these gaps almost immediately in recent weeks adds more weight to this idea.
A six-week streak of gap closures, especially early in the week, might suggest strong institutional activity or a deeper level of market efficiency than previously thought. While this doesn’t guarantee future behavior, it does offer useful clues for traders preparing for Monday price action.
What’s Next for Bitcoin?
As the new week begins, many eyes are on Bitcoin’s early movements. If the current pattern holds, any weekend volatility may once again be corrected shortly after CME opens. Whether you’re a day trader or a long-term holder, keeping an eye on these CME gaps might just give you a short-term edge.
If the trend continues, we might even see traders positioning themselves before the weekend ends to profit from likely gap closures. But as always, past performance isn’t a guarantee of future results.
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