Picture of the author

trend

08/16 05:34

CME Gap At $92,000: Is A 12% Retrace Inevitable Fo

CME Gap At $92,000: Is A 12% Retrace Inevitable For Bitcoin?

The Bitcoin market has been marked by notable volatility recently, with prices fluctuating significantly, dropping close to the $98,400 level before rebounding above $105,000 on Monday.  Potential 12% Retrace To $92,000 Technical analyst Doctor Profit recently shared key notes on the social media platform X (formerly Twitter), indicating that a substantial Chicago Mercantile Exchange (CME) gap exists at $92,000.  The analyst predicts that this level will likely be eventually reached, suggesting that closing this gap could create additional fear in the market, which often plays into the hands of market makers.  Related Reading: Dogecoin Crash Far From Over? Analyst Reveals The Target Doctor Profit also highlighted in his analysis the presence of significant liquidity in that area, making it a probable target for Bitcoin in the near term. .



42932

#HTX 12th-Anniversary Carnival#HTX community ✖ SUNPUMP Creator Championship#SNEK is listed on HTX, what do you think?#Buy Bitcoin’s dip,’ says Eric Trump#Whose “child” is ES — Solana or Ethereum?
1Paylaş

Tüm Yorumlar0En yeniPopüler

avatar
En yeniPopüler