
Daan Crypto Trades|Aug 11, 2025 07:58
BTC Opened with quite the CME gap today.
Most previous gaps that were created did close within the same day but this one moved a bit further than those.
With that, BTC is also close to price discovery & all time highs. Which generally makes it run away with a gap more often.
So I'd recommend to keep an eye on this gap, IF price were to close the gap, it could make for a decent reversal area.
But generally I wouldn't fully bet on it closing until price gets at least within a 1-2% proximity again. Below $120Kish.(Daan Crypto Trades)
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