CME BTC Futures Gap Up $1,175 at Open

IconCryptoNewsTerminal Staff21 Jul, 2024

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CME BTC Futures Gap Up $1,175 at Open

CME BTC futures, which closed at $67,480 on the previous trading day, started today at $68,655, creating a gap of $1,175. This gap is significant as it signals strong bullish sentiment in the Bitcoin market. Traders are expecting the price of Bitcoin to continue to rise in the coming days and weeks. The gap in CME BTC futures is a bullish sign for Bitcoin. It indicates that there is strong demand for Bitcoin at higher prices. This demand is likely to continue to drive the price of Bitcoin higher in the short term.