Bitcoin Fills CME Gap, Positive Sign for Bullish Trend?

Bitcoin (BTC) has seen a sharp correction in the past 24 hours, losing more than 6.8% of its value and falling below $80,000. However, according to analysis by Rekt Capital experts, the decline has helped BTC close a key gap on the CME exchange – a signal that could have a significant impact on Bitcoin's next price trend.

Bitcoin Completes CME Gap

A CME gap is a phenomenon that occurs when the opening price of BTC on CME futures contracts has a significant difference from the previous closing price. These gaps are often closely watched by traders, as the market tends to return to "fill" them before continuing a new trend.

According to Rekt Capital, Bitcoin has completed closing the CME gap that formed in November 2024, staying in the $78,000 – $80,700 range. This is generally seen as a positive sign, indicating that the market has corrected the price imbalance and is likely ready for a recovery.

BTC Price Forecast: Bullish Momentum?

History has shown that Bitcoin usually recovers strongly after filling the CME gap. This means that BTC could soon regain its growth momentum, especially in the context of the market with strong participation from institutions.

Prominent investor Samson Mow continues to express his optimistic view on Bitcoin, emphasizing that acceptance from large institutions will be the driving force for BTC to go further. In the same vein, MicroStrategy CEO Michael Saylor also encouraged investors to hold and buy more BTC during this correction period, believing in the long-term growth potential of the leading digital asset.

Although BTC has fallen more than 19% in the past week to $79,850, many experts believe that this is just a necessary correction period before continuing the uptrend in the near future. If the historical pattern continues to repeat, Bitcoin could quickly regain important price levels and aim for new highs in 2024.

AI Signals for the Stock Market

In addition to the cryptocurrency market, artificial intelligence (AI)-based analysis tools are also making significant changes in the stock market. According to Investing.com's AI ProPicks, 2024 has seen many stocks grow strongly thanks to AI algorithms analyzing market trends. Some stocks have increased by more than 150%, while many others have recorded increases of 25% – 30%.

This raises the question: can AI accurately predict the next bull run in both the cryptocurrency and stock markets? With Bitcoin just filling the CME gap, investors can keep a close eye on it for optimal investment opportunities in the coming time.

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