Bitcoin’s recent price movement has been downward, currently trading at $79,766, which is nearly 27% below its all-time high of $109,000. In the past week, the cryptocurrency has dropped 14.6%, including a 4.4% decline in the last 24 hours. Analyst Ibrahim has pointed out a CME gap at the $86K level, suggesting this could indicate ...
Bitcoin’s price is currently on a downward trend, recently hitting $79,766, which is nearly 27% lower than its all-time high of $109,000 in January. It has dropped 14.6% over the past week alone. Analyst Ibrahim has pointed out that a gap formed in Bitcoin’s price on the CME could offer insights into its next moves, ...
This week, Bitcoin saw a significant Market correction, dropping from its peak of $99,000 to around $78,000—a drop of 21%. This downturn raised concerns about a Market high, but analysts suggest that Bitcoin is beginning to recover. Currently trading between $83,000 and $84,000, it has gained around 7% from its recent lows. Observers believe that ...
Bitcoin’s price has dropped 10% this week, settling at $86,300 after breaking out of its previous trading range of $90,000 to $110,000. Traders are now closely monitoring a significant “runaway gap” in CME Bitcoin futures, which could bring the price down to $80,000. This gap, a blank space on the price chart, emerged three months ...
Concerns have been raised about a potential drop in Bitcoin’s price, particularly due to a gap in trading data from the Chicago Mercantile Exchange (CME). Analysts predict that Bitcoin could fall to around $77,000 as it aims to fill this gap. Egrag Crypto, a prominent analyst, highlighted that Bitcoin has faced significant corrections since October ...
