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Bitcoin Successfully Closes Its CME Price Gap, What’s Next For BTC?

  • Bitcoin has successfully closed its CME price gap between $92,800 and $94,000, suggesting a potential shift in market sentiment.
  • BTC's current price recovery has closed previous resistance areas and narrowed the CME gap between $78,000 and $80,700.
  • However, a new gap has formed between the $84,650 and $94,000 level, leaving Bitcoin at a crossroads for further price movement.
  • Despite previous volatility, the market sees BTC's drawdown as a buying opportunity due to positive developments like a potential Bitcoin reserve in the US.

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