Bitcoin CME gaps, resulting from the market’s non-stop nature, present opportunities and challenges for traders.
Bitcoin (BTC) CME gaps are the differences in price between the closing price on a given trading day and the opening price on the following trading day on the Chicago Mercantile Exchange, or CME (one of the largest and most diverse financial exchanges globally). It operates as a marketplace for various financial derivatives, commodities and other investment instruments.
Bitcoin CME gaps arise from the fact that the cryptocurrency market is open on weekends, whereas traditional markets, such as the CME, are closed. As a result, there are differences between the Friday closing price and the Monday opening price.
On Bitcoin charts, CME gaps are found by comparing the price levels at which the Friday close and Monday open differ. These gaps are frequently noticed by traders because they might later serve as support or resistance levels. So, are there multiple variations of Bitcoin CME gaps to explore?
