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The Bitcoin CME gap, also called the “CME gap” for short, is the difference between the trading price of a Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. Unlike cryptocurrencies, traditional assets do not trade 24/7 around the clock.
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CME Futures is one of the biggest bitcoin futures group. Over the past years we tend to see when there is a gap in the chart, over 90% of the time we always fill this gap. The gap is caused by price volatility mainly on the weekends when CME futures is closed. The areas marked with a box show these gaps getting filled.
CME Bitcoin futures gap: Well, Bitcoin (BTC) is being traded 24/7 on majority of crypto exchanges, but not on CME. Bitcoin does not trade during weekends on CME and this causes gap on CME chart once the trading resumes on the platform. The CME gap on Bitcoin typically occurs when the price of Bitcoin moves after the CME futures market is closed.
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The gap is the difference between the trading price of a CME bitcoin futures contract when the market closes on Friday and opens on Sunday. The gap occurs because there are no trades between the closing period on Friday and the opening on Sunday. The gap can also occur during holidays when the CME is closed.
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The “Bitcoin CME Gap” is the difference between the trading price of a CME Bitcoin futures contracts when the market opens on Sunday, and when it closes on Friday. In 77% of these cases the retracement occurs in the subsequent week, before the next CME market open. No matter which type of trader you are, never forget: “mind the gap”. 26 13
in crypto, although assets trade 24 hours a day, the introduction of the bitcoin (btc) futures contract on the chicago mercantile exchange (cme) has meant that not only has there been a regular price gap between the closing price on the cme and spot trading in crypto markets, but the cme price has been seen as a proxy for institutional valuation …
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What is the Bitcoin CME gap? Find out here - CryptoTicker
As explained above, when CME’s Bitcoin futures contracts close every week, a gap is created. These gaps often fill in the sense that the spot price of BTC will go back to the CME closing price. So let’s imagine CME closed at $50,200 and opens at $53,000. There is a gap of $2,800 in between that was not recorded on the price chart.
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