$17K CME GAP-FILL LOOMS AFTER BITCOIN PRICE CLOSES BELOW KEY MOVING AVERAGE

Last updated: June 19, 2025, 22:35 | Written by: Sam Bankman-Fried

$17K Cme Gap-Fill Looms After Bitcoin Price Closes Below Key Moving Average
$17K Cme Gap-Fill Looms After Bitcoin Price Closes Below Key Moving Average

Bitcoin, the undisputed king of cryptocurrencies, has recently been navigating a turbulent sea.After enjoying a period of relative stability, trading within a tightening range, the price of Bitcoin (BTC) took a dip, breaking free from its pennant structure and, crucially, closing below the 20-day moving average at $18,600. The space between the closing price and opening price of CME futures is called a CME-gap. Why is a CME-gap important for Bitcoin? In 2025 a former Tweep by the name of The Whiskey Guy examined 100 CME gaps which occurred since december 2025. It turned out that 95% of the CME-gaps were closed. This means that the live price of BitcoinThis technical breach has sent ripples through the crypto community, sparking concerns of a potential revisit to lower levels. $17K CME gap-fill looms after Bitcoin price closes below key moving average Coin Stories - $17K CME gap-fill looms after Bitcoin priceThe most prominent worry?The looming possibility of filling a significant CME gap around the $17,000 mark.These gaps, created by price discrepancies between the closing and opening of Bitcoin futures on the Chicago Mercantile Exchange (CME), often act as magnets, drawing the price back to complete the unfilled space.But what exactly is a CME gap, why is it important, and what does this potential drop mean for the future of Bitcoin? The so-called runaway gap between $77,000 and $81,000 in CME futures prices is attracting attention as the bitcoin price price swoons. The CME gaps are eventually filled, one analyst said.We'll delve deep into the intricacies of CME gaps, exploring their historical significance, the factors that contribute to their formation, and how traders can potentially navigate these market phenomena. Please fill out this field. Bitcoin had come close to breaching $100,000 in November thanks to a post-election Watch These Bitcoin Price Levels as Key $100K Level Back in Striking Distance.Prepare to explore the world of Bitcoin futures and understand the potential impact of this $17K gap.

Understanding Bitcoin CME Gaps

A Bitcoin CME gap arises from the continuous nature of the cryptocurrency market versus the more structured hours of traditional markets like the CME. The cryptocurrency market is buzzing with a significant development in Bitcoin's futures trading landscape. On, a massive Bitcoin CME gap of $103,994 was reported by Crypto Rover on Twitter, highlighting a substantial disparity between the closing price of Bitcoin futures on the Chicago Mercantile Exchange (CME) and the subsequent opening price.The Chicago Mercantile Exchange (CME) trades Bitcoin futures contracts, but these contracts have specific trading hours.Cryptocurrency exchanges, on the other hand, operate 24/7. The CME gap on Bitcoin typically occurs when the price of Bitcoin moves after the CME futures market is closed. For instance let s take a look at the below scenario. Back in 2025 the rally that caused a massive CME futures gap from $9,600 to $9,900.This difference in trading schedules can lead to price discrepancies.

Here's a breakdown of how it happens:

  • The CME futures market closes on Friday evening.
  • Over the weekend, Bitcoin continues to trade on various crypto exchanges.
  • If there's significant price movement over the weekend – either up or down – the opening price of Bitcoin futures on Monday morning on the CME might be different from the closing price on Friday.
  • This difference between the closing price on Friday and the opening price on Monday (or after any holiday closure) is what constitutes a CME gap.

These gaps are visualized on a price chart as an empty space between price candles.Traders pay close attention to these gaps because, historically, Bitcoin's price has often moved to ""fill"" them.This means that if a gap exists, many traders anticipate the price will eventually return to the level where the gap originated.

The Significance of CME Gaps in Bitcoin Trading

Why are CME gaps so significant in the world of Bitcoin trading?The answer lies in market psychology and the tendencies of traders.The belief that gaps ""need"" to be filled is deeply ingrained in technical analysis. The closing of this gap, a crucial technical event that traders keenly monitor, raises the possibility that BTC may have bottomed out and is preparing for further rise. According to the analyst, the flagship asset has officially closed its CME price gap between $92,800 and $94,000, signaling a potential shift in market sentiment.Here’s why they matter:

  • Market Efficiency: The idea behind gap filling is that markets tend towards efficiency.Gaps represent an inefficiency – a price discrepancy that the market will eventually correct.
  • Trader Psychology: Many traders actively look for CME gaps and place orders anticipating the price will move to fill them. Musk Says He s a Bitcoin Supporter, Buffeting Price Again; Bitcoin Reverses Wednesday s Losses, Ether Climbs; DOGE Tweet Volume up 1800%, Becomes 1st One to Surpass BTC; Bubble-Wary Markets Eye ETF Crush in Tech and Crypto; 3 Reasons why Ethereum Price is Still on Track to top $2,000; Harvard, Yale Have Been Buying Bitcoin for atThis collective action can become a self-fulfilling prophecy. For example, the CME futures market may have closed on Friday with a bitcoin price at $10,000. The bitcoin price rose to $10,500 over the weekend because of ongoing trading on current cryptoAs more traders bet on the gap filling, the price action is influenced to move in that direction.
  • Potential Trading Opportunities: Identifying CME gaps can provide potential entry and exit points for traders.For instance, if a gap exists below the current price, a trader might consider buying Bitcoin, anticipating the price will rise to fill the gap.
  • Confirmation Tool: CME gaps can act as confirmation tools for broader market trends.Filling a gap can reinforce an existing trend, while failing to fill a gap might suggest a potential reversal.

However, it’s important to note that while a significant percentage of CME gaps do get filled, it's not a guaranteed outcome.Sometimes, external factors or strong market momentum can prevent a gap from being filled for extended periods, or even indefinitely.

The $17K Gap: What It Means for Bitcoin's Price

The current concern revolves around a potential drop to the $17,000 level to fill an existing CME gap. 07/04 update: The bitcoin price and crypto market has suffered a major crash over the last 24 hours, with the bitcoin price diving well under $60,000 and wiping $200 billion from the combinedThis gap represents a price level where Bitcoin futures on the CME closed at a certain price, and then, due to weekend trading or other factors, opened significantly higher, leaving an unfilled space on the chart. Many traders had expected a sharp decline around March 10, but Bitcoin fell sooner than predicted. Now, all eyes are on how BTC will react at key support and resistance levels. The CME Gap Effect: A Look at History. CME gaps have historically influenced Bitcoin s price movements. In January 2025, BTC had a gap between $29,410 and $33,050.The recent price action, specifically the break below the 20-day moving average, has increased the probability of this gap being filled.

Here's what this potential scenario entails:

  • Increased Selling Pressure: As the price falls, more traders might start selling their Bitcoin holdings, fearing further declines. After a period of heightened volatility, Bitcoin, the flagship crypto asset, appears to have found its footing, undergoing a surge back to the $94,000 price mark. BTC s renewed upward movement has allowed it to close key price gaps, reflecting a bullish outlook for the asset. CME Gap Finally Closes Following Bitcoin s Price Recovery Bitcoin s current [ ]This increased selling pressure can accelerate the downward movement.
  • Stop-Loss Triggers: Many traders place stop-loss orders to limit their potential losses. The gap at $80,000 remains a key concern, but technical analysis suggests runaway gaps which occur in strong trends are less likely to be filled compared to exhaustion gaps, which signal trend reversals. A new CME gap formed between Feb. 24 and Feb. 25. This has added more uncertainty regarding Bitcoin s price movements.As the price approaches the $17,000 level, these stop-loss orders might get triggered, further contributing to the selling pressure.
  • Potential Buying Opportunity: Conversely, the $17,000 level could also present a significant buying opportunity for those who believe in Bitcoin's long-term potential.If the price reaches this level, value investors might see it as an attractive entry point.

It's important to remember that the market is dynamic, and predicting future price movements with certainty is impossible. Bitcoin Price CME Gap Fill Sparks $108K Target. According to The Cryptomist, Bitcoin price has just filled a major CME gap, a key technical milestone that often precedes significant moves. The CME gap which was created as a result of a swift price increase earlier this month has now been filled, and this could lead to another push towards $108,000.Several factors could influence whether or not the $17,000 gap gets filled, including overall market sentiment, regulatory developments, and macroeconomic conditions.

Factors Influencing Bitcoin's Price Action

Bitcoin's price is influenced by a complex interplay of factors. $17K CME gap-fill looms after Bitcoin price closes below key moving average Cointelegraph After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from itsUnderstanding these factors is crucial for navigating the volatile cryptocurrency market.Here are some key drivers:

  • Market Sentiment: Overall market sentiment, driven by news, social media trends, and investor confidence, plays a significant role.Positive news and bullish sentiment can drive prices higher, while negative news and fear can lead to sell-offs.
  • Macroeconomic Conditions: Broader economic factors, such as inflation, interest rates, and economic growth, can also impact Bitcoin's price. Gaps as potential targets: Many traders believe that the price will often fill the gap, meaning that Bitcoin s price will return to levels where the gap occurred. Gap interpretation : Some traders see the gap as an indicator of future price movement, suggesting that Bitcoin may move to close the gap, filling it completely.Bitcoin is sometimes viewed as a hedge against inflation, so its price can rise during periods of high inflation.
  • Regulatory Developments: Regulatory clarity or uncertainty can significantly impact Bitcoin's price. Bitcoin price ended its consolidation phase by closing below $18,300 but will traders buy the dip? After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market daily price chart. Source: Coin360Since topping out at $19,888 a number MorePositive regulatory developments, such as the approval of a Bitcoin ETF, can boost investor confidence, while negative regulations or crackdowns can trigger price declines.
  • Technological Advancements: Developments in blockchain technology and the Bitcoin network itself can also influence its price.Improvements in scalability, security, and functionality can enhance Bitcoin's appeal.
  • Whale Activity: The actions of large Bitcoin holders (""whales"") can have a significant impact on the market.Large buy or sell orders from whales can trigger significant price swings.
  • Elon Musk's Influence: As snippets show, influential figures such as Elon Musk can heavily impact the prices through social media posts.

Strategies for Trading Bitcoin CME Gaps

Trading CME gaps can be a potentially profitable strategy, but it requires careful analysis and risk management.Here are some strategies to consider:

  • Gap Fade: This strategy involves anticipating the price will move to fill the gap.If a gap exists below the current price, a trader might buy Bitcoin, expecting the price to rise and fill the gap. $17K CME gap-fill looms after Bitcoin price closes below key moving averageSource: CointelegraphPublished onConversely, if a gap exists above the current price, a trader might short Bitcoin, expecting the price to fall and fill the gap.
  • Gap Continuation: This strategy involves anticipating the price will continue in the direction of the gap.If a gap occurs during a strong uptrend, a trader might buy Bitcoin, expecting the price to continue rising. Home Cryptocurrency News $17K CME gap-fill looms after Bitcoin price closes below key moving average $17K CME gap-fill looms after Bitcoin price closes below key moving average Andrew M comments offConversely, if a gap occurs during a strong downtrend, a trader might short Bitcoin, expecting the price to continue falling.
  • Combination Approach: Some traders combine both strategies, using the gap as a potential entry point and then monitoring the price action to determine whether to hold the position or take profits.

Regardless of the strategy, it's essential to use stop-loss orders to limit potential losses and to manage risk appropriately.Also, remember that not all gaps are filled immediately, and some may not be filled at all. Market analysts expect an imminent Bitcoin crash that would allow the asset to fill the latest visible CME gap on the 1-week chart. In this latest Bitcoin price news, Bitcoin recently fell toPatience and discipline are crucial for successful gap trading.

Risk Management

Always implement strong risk management techniques when trading Bitcoin or any other cryptocurrency. Bitcoin futures started trading on the Chicago Mercantile Exchange (CME) back in 2025 and since then the difference in price of BTC between the closure of the weekly session on Friday and its opening on Monday is called a CME gap or Bitcoin CME gap. The price of Bitcoin usually tends to get back to the CME gap the next week or later.Don't invest more than you can afford to lose, and always use stop-loss orders to protect your capital.

Historical Examples of Bitcoin CME Gap Fills

Examining historical examples can provide valuable insights into how CME gaps have played out in the past.While past performance is not indicative of future results, understanding these examples can help traders make more informed decisions. One CME GAP Filled, Two More To Go For Bitcoin . According to the crypto analyst who goes by the pseudonym MikyBull, Although Bitcoin has managed to fill the $28,000 gap, after a weekly close above $27,500, a new huge gap is being created at $27,000, which may delay the continuation of the uptrend if confirmation of a move to the downside to filling the gap is in place.The snippets referenced an instance in January 2025 where Bitcoin had a gap between $29,410 and $33,050.

Here are a few historical examples:

  • January 2025: BTC had a gap between $29,410 and $33,050.While details of the gap-filling are not in the provided snippets, the existence of the gap highlights the frequency of these events.
  • Earlier this year: The Cryptomist mentioned that Bitcoin price had just filled a major CME gap before targeting $108K.
  • Recent Example: The snippets mentioned a gap being filled between $92,800 and $94,000

In many cases, the price eventually returned to fill the gap, providing profitable trading opportunities for those who anticipated the move. One CME GAP Filled, Two More To Go For Bitcoin According to the crypto analyst who goes by the pseudonym MikyBull, Although Bitcoin has managed to fill the $28,000 gap, after a weekly close above $27,500, a new huge gap is being created at $27,000, which may delay the continuation of the uptrend if confirmation of a move to the downside to filling the gap is in place.However, there have also been instances where gaps remained unfilled for extended periods, or even indefinitely. One CME GAP Filled, Two More To Go For Bitcoin According to the crypto analyst who goes by the pseudonym MikyBull, Although Bitcoin has managed to fill the $28,000 gap, after a weekly close above $27,500, a new huge gap is being created at $27,000, which may delay the continuation of the uptrend if confirmation of a move to the downside toThis underscores the importance of using sound risk management practices and not relying solely on gap analysis for trading decisions.

Alternative Perspectives on CME Gaps

While the concept of CME gap filling is widely accepted among technical analysts, it's important to consider alternative perspectives and potential criticisms:

  • Self-Fulfilling Prophecy: Some argue that gap filling is simply a self-fulfilling prophecy.Because so many traders believe that gaps will be filled, their collective actions drive the price to fill them, regardless of any fundamental reasons.
  • Coincidence: Others argue that gap filling is merely a coincidence. CME s Ether Futures Drove more than $30M Volume on First Day; Musk s Bitcoin Bet Fuels Gains in Companies Already Invested; Bitcoin Extends Gains above $47,000 in Asia; ETH Represented 80% of Last Week s Institutional Inflows; Musk's Bitcoin Investment Follows Months of Twitter Talk; Dogecoin Smokes Its All-Time High After Snoop DoggThey suggest that the price movement is driven by other factors, and the filling of the gap is simply a byproduct of those movements.
  • Limited Predictive Power: Critics also point out that not all gaps are filled, and even when they are, it can take a significant amount of time.This limits the predictive power of gap analysis and makes it difficult to use as a sole basis for trading decisions.

These alternative perspectives highlight the importance of considering multiple factors when analyzing Bitcoin's price action and not relying solely on any single indicator or strategy.

Navigating the Current Market Uncertainty

Given the current market conditions and the potential for a drop to the $17,000 CME gap, here are some actionable steps traders can take to navigate the uncertainty:

  • Stay Informed: Keep a close eye on market news, technical analysis, and social media trends. $17K CME gap-fill looms after Bitcoin price closes below key moving averageUnderstanding the factors driving Bitcoin's price action is crucial for making informed decisions.
  • Manage Risk: Use stop-loss orders to limit potential losses.Don't invest more than you can afford to lose, and diversify your portfolio to reduce overall risk.
  • Be Patient: Don't rush into trades based on fear or FOMO (fear of missing out). A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: Obtains access to the information in a personal capacity;Wait for clear signals and confirmations before entering a position.
  • Consider DCA: Dollar-Cost Averaging (DCA) can be a good strategy during periods of uncertainty. After spending the last few days trading in a tightening range, Bitcoin (BTC) price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market dailyInvest a fixed amount of money at regular intervals, regardless of the price. So when CME resumes, depending on the type of gap, there is the likelihood of prices reverting to the close to filling that gap. Bitcoin CME gaps typically occur over the weekend or during public holidays. How to Make Money with the Bitcoin CME Gap. CME s Bitcoin prices may close at a high price and open at a low.This can help smooth out your average entry price over time.
  • Seek Professional Advice: If you're unsure about your trading strategy, consider seeking advice from a qualified financial advisor.

The Future of Bitcoin and CME Gaps

As Bitcoin matures and the cryptocurrency market becomes more integrated with traditional financial systems, the role of CME gaps may evolve. Bitcoin price ended its consolidation phase by closing below $18,300 but will traders buy the dip? After spending the last few days trading in a tightening range, Bitcoin price dropped from its pennant structure and closed below the 20-day moving average ($18,600). Crypto market daily price chart. Source: Coin360Increased institutional participation and the growth of Bitcoin derivatives markets could lead to more efficient price discovery and a reduction in the frequency and significance of CME gaps.

However, as long as there's a difference in trading hours between cryptocurrency exchanges and the CME futures market, CME gaps are likely to remain a factor to consider in Bitcoin trading.Traders will continue to monitor these gaps, seeking potential opportunities to profit from the price discrepancies they create.

Conclusion: Key Takeaways on Bitcoin and CME Gaps

The potential for a drop to fill the $17K CME gap highlights the complexities of Bitcoin trading.While these gaps can present potential trading opportunities, it's crucial to approach them with caution, sound risk management, and a comprehensive understanding of the market.Remember that CME gaps are just one factor among many that influence Bitcoin's price, and relying solely on them for trading decisions can be risky.By staying informed, managing risk, and considering alternative perspectives, traders can navigate the uncertainties of the Bitcoin market and potentially profit from its volatility.Keep an eye on the 20-day moving average and be prepared for potential volatility as Bitcoin seeks its next direction.Whether the $17K gap is filled or not, the cryptocurrency market is one of volatility and opportunities for gains and losses, and caution and research should be foremost.Understanding the dynamics of these gaps, their historical precedents, and the broader market context is essential for making informed decisions in the ever-evolving world of cryptocurrency trading.

Sam Bankman-Fried can be reached at [email protected].

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