The price of Bitcoin (BTC) in CME Futures fell to a minimum of around $ 76,700 on Monday, officially filling the CME futures gap that was created on November 5, when President Trump won the US elections.
At the end of February, Bitcoin (BTC) briefly fell to approximately $ 78,500, partially filling the void, since the lowest point of the gap was $ 77,400. However, since CME Futures only fell to about $ 78,500 at that time, the gap remained partially open. With the decrease on Monday to $ 76,700, the gap, which extends from $ 77,930 to $ 80,600, has now been completely closed.
For the context, CME Bitcoin Futures exchanges 23 hours a day, from Sunday to Friday, while Bitcoin Spot Markets Merchase 24/7. The gaps occur when there is a difference between the closing price of the futures market and the opening price for the next day due to the absence of commercial activity during hours.
COINDESK Research said that of the last 80 hollows of futures of 80 cme, all but one have finally been filled. As for the remaining gaps, there is still between $ 84,200 and $ 85,900.
