18 Apr Bitcoin (BTC) Price Expected to Fill CME Gap This Weekend
After Bitcoin managed to break the $7,000 level earlier this week, it has not moved much higher, however, this weekend BTC may fill the CME gap, some analysts believe
On April 16, Bitcoin finally recovered its position above the $7,000 level after the news about the new $2,000 stimulus checks had begun to spread, and since then it has been trading in a range, failing to rise above $7,150, as per the figures from CoinMarketCap.
At the time of writing, the king crypto is sitting at $7,136. However, some traders expect that this weekend BTC might rise to fill the CME gap and then drop.
Trip to the highs (CME gap filled)
Analyst Michael van de Poppe remains neutral on BTC, expecting it to continue trading in a range. Even though he does not see any particular set up for further BTC movement yet, he says that it would be reasonable if BTC surged to take a…