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Bitcoin Faces Key Test as New CME Gap Forms Between $82,500 and $84,100

  • Bitcoin's value continues to slide, reaching a two-week low of just above $81,000.
  • A new CME Gap between $82,500 and $84,100 has formed, and traders are closely monitoring its impact on Bitcoin's price action.
  • Some analysts remain optimistic about Bitcoin's long-term prospects, anticipating a potential breakout in April and a new all-time high above $109K.
  • Bitcoin whales have been accumulating, with 129,000 BTC accumulated since March 11, indicating increased confidence.

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