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Why Bitcoin investors should be wary of the CME gap
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Bitcoin proponents are having a field day in the market. The digital asset breached past its $64,000 resistance for the 1st time since 21 October. While the level was previously tested on 2 November, there wasn’t a market close above the range.
At press time, Bitcoin was consolidating near $66,000, but the breakout happened before the start of a new week. This has now given rise to another speculative correction. (Long time no see, CME gaps!)
A CME gap is created when the price of Bitcoin opens
Read more on ambcrypto.comAbout this in other media
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