Bitcoin Eyes $116K Reclaim After CME Gap Fill

• Bitcoin fully filled the daily CME gap.
• Now aiming to reclaim $116K resistance.
• A successful breakout could retest recent highs.

Bitcoin Completes CME Gap Fill — What’s Next?

Bitcoin has officially filled the daily CME gap, a technical level many traders have been watching closely. These gaps occur on the Chicago Mercantile Exchange (CME) when price action moves over the weekend while traditional futures markets are closed. Historically, Bitcoin tends to revisit and “fill” these gaps before continuing its broader trend.

Now that this key technical event has occurred, all eyes are on whether Bitcoin can break above $116K, the upper boundary of the recently filled gap.

The $116K Level is Critical

The $116,000 level marks more than just the top of the CME gap—it’s also a psychological and technical resistance point. Reclaiming it on the daily chart could be a strong bullish signal, potentially reigniting momentum and allowing Bitcoin to challenge recent highs.

However, if BTC fails to reclaim and hold above this level, we may see more sideways price action or a short-term pullback. Market sentiment currently hinges on whether bulls have the strength to push past this key resistance.

A Bullish Outlook Remains in Play

Despite short-term volatility and corrections, the higher-timeframe structure for Bitcoin remains bullish. A reclaim of $116K would be a strong confirmation that buyers are back in control, and it could open the door to a move higher into price discovery once again.

Whether Bitcoin moves immediately or takes some time to consolidate, the recent gap fill has reset key levels for the next phase of the rally.

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