How does the CME gap affect the price movement of Bitcoin?

1 answers

• Dec 25, 2021 · 3 years ago
  At BYDFi, we closely monitor the CME gap and its potential impact on Bitcoin's price movement. While the CME gap is an interesting phenomenon, it's important to approach it with caution. While there have been instances where the price has moved to fill the gap, it's not always the case. The price movement of Bitcoin is influenced by a wide range of factors, including market sentiment, news events, and overall market conditions. Therefore, it's crucial to consider multiple factors and conduct thorough analysis before making any trading decisions based solely on the CME gap. As with any trading strategy, it's important to do your own research and make informed decisions based on your risk tolerance and investment goals.
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