<ul><li>Bitcoin (BTC) recovered from its recent losses over the weekend but has created a massive new CME gap, indicating a potential pullback to the low $80,000 level.</li><li>BTC filled two key CME gaps between $78,000 and $80,700, and between $92,800 and $94,000, resulting in a new CME gap between $84,650 and $93,300.</li><li>Analysts suggest that BTC could slip to $74,700, considering its historical rebound from long-term support levels in the mid $70,000 range.</li><li>Heightened volatility has led to liquidations worth over $900 million in the past 24 hours, while spot Bitcoin exchange-traded funds (ETFs) are seeing some net inflows.</li></ul>

Bitcoin Forms Major CME Gap In Volatile Weekend Price Action, Analysts Discuss

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