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Bitcoin’s CME gap pullback concerns are intensifying right now as a fresh gap formation threatens the $111K support level. The CME futures gap Bitcoin traders have been monitoring closely opened when futures markets resumed trading, and this created a price discrepancy between spot and also futures prices. This Bitcoin price pullback risk actually has historical precedent, as CME gaps tend to get filled in approximately 77% of cases, which makes the current technical setup particularly significant for Bitcoin technical Analysis . Bitcoin price and derivatives data dashboard – Source: CoinGlass Analyzing Bitcoin’s $111K Support Amid CME Gap Concerns Source: Bitcoinist Understanding the Bitcoin CME Gap Pullback Pattern Bitcoin futures resumed trading with a gap between $111,000 and $109,700, triggering the latest CME pullback. This Bitcoin formation CME futures gap came as the asset is currently trading at spot exchanges over $112,000, which forms a technical magnet that...

Join Our Telegram channel to stay up to date on breaking news coverage Litecoin has been on a notable bullish rally over the past week after jumping by around 20%. In the last 24 hours, Litecoin has gained 7.3%, trading at $66.25 at the time of writing. LTC price analysis Litecoin is bullish today, just like most of the broader market. In the last 24 hours, the broader crypto market has gained by 1.8% to $1.074 trillion. LTC seems to be benefiting from this rally, with the coin outperforming both Bitcoin and Ether. Litecoin’s trading volumes in the last 24 hours have dropped nearly half to $1.63 billion. However, these are still healthy volumes, and the current bull run could attract speculative traders into investing in the token, which will trigger notable gains. In the last 24 hours, LTC has traded between $60 and $66, indicating a spike in volatility. The Relative Strength Index for Litecoin indicates that the token has seen a spike in buying pressure. However, the...