$BTC CME Gap 08/03-08/05, 2024

❓ BTC CME Gap 08/03-08/05, 2024

🍪 What causes CME Gaps?
A CME gap is produced when the price of Bitcoin opens on the CME exchange higher or below the closing of the previous day. CME markets are closed on weekends and for a portion of the day, which is one of the key causes of CME gaps. Bitcoin is traded continuously on various spot marketplaces.

Takeaways:
*CME Gap's price gap mirrored SPX's price and should be filled anytime soon, giving a slow recovery for the market.

Safe trades!