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Bitcoin Price Retracement: Crypto Pundit Says Keep An Eye On This CME Gap

  • Bitcoin price retraced over the weekend towards $95,000 as traders closed positions and volume decreased.
  • Analysts mention a CME gap around $97,000 that might act as a magnet for price action when CME reopens.
  • There are concerns about two unfilled CME gaps at $97,000 and $91,000 - $92,000, influencing Bitcoin's short-term price direction.
  • Bitcoin currently hovers around $94,248, caught between the two unfilled gaps, leading to uncertainty in its short-term trajectory.

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