The CME gap at a value of $ 108,000 may lead to a short -term withdrawal star-news.press/wp

Bitcoin is still stuck in a narrow range of $ 100,000 and $ 110,000. The CME Futures gap at $ 108,000 adds pressure to restore traders while monitoring the backed traders.

Bitcoin (BTC) is combined between two main levels in the timeline: $ 110,000 as a range resistance and $ 100,169 as a support. The last penetration confirms to 111,960 dollars, followed by a rapid re -insertion into a deviation, which is a classic distinctive price of the group -related price. Without a strong size, BTC is likely to continue oscillating inside this area. Traders are now focusing on the CME FUTERES gap at $ 108,300, adding to the possibility of short -term restoration this week.

Main technical points

• The resistance range at 110 thousand dollars: Price is rejected from this area after a false outbreak.
• Domain support at $ 100.169: With the support of a decrease in swing at 98,200 dollars.
• CME futures gap at $ 108,300: Historically, 90 % of CME gaps are filled, and this gap may attract the price of the price soon.

Bitcoin has been secured between $ 110,000 and 100,169 dollars since the deviation has failed above $ 111,960. This confirms the idea that BTC is currently in a rotational environment where the failed collapses and collapses are facing an average apostasy. With the absence of a subsidized conviction to overcome the range, BTC continues to fluctuate between these critical levels.

Currently, the price is hovering around the high range near $ 110,000, which also corresponds to the high value space on the sound profile. Unless BTC can closed decisively above this level on a strong size, the structure prefers to unify continuity or return towards the support of the domain.

It is important this week, the gap at CME FUTURES LEFT is open at $ 108,300 after the weekend in Bitcoin. Since CME Bitcoin’s futures do not trade on weekends, the gap was formed when the markets were reopened, a phenomenon with a strong historical weight.

More than 90 % of these gaps are filled, often within days. This gives traders a technical goal and increases the possibility of a decline in the short term, and perhaps towards this level. Unless the scope is broken in a decisive size, this pattern is likely to continue with deviation and return. The support area of ​​$ 100,169 remains crucial if the price begins to decrease, especially if it follows a move in filling the gap.

What can be expected in the next basic procedure

Bitcoin is likely to continue this week unless there is a large size. The recovery is likely to be about $ 108,000 due to the CME gap, with the main support of $ 100,000.