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After the CME opens on Monday, $BTC is likely to see the first (unfilled) gap in the recent daily chart.

CN
Phyrex
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2 months ago
AI summarizes in 5 seconds.

On Monday, after the CME opens, $BTC is likely to see the first (unfilled) gap in recent daily lines, which should be between $77,500 and $81,210. Although gap theory is somewhat mystical, all short-term daily gaps in Bitcoin have been filled, with the earliest gap occurring when it was at $20,000 in 2023. All previous gaps have been filled.

I previously did some calculations and slightly updated the data. The overall gap filling rate is around 95%, with a probability of filling within one week at about 55%, within two weeks at around 65%, and within three weeks at approximately 81%. The probability of filling within a year exceeds 90%.

This means that if the gap is not filled within three weeks, the difficulty of filling the gap begins to increase. The probability of filling a gap that has not been filled for over a year is very low. Therefore, if this gap is filled, it indicates that Bitcoin's price may have the opportunity to touch $81,000 again within three weeks.

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