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Why Bitcoin will likely retrace to $54K before the big breakout

Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed near $54,000.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Why Bitcoin will likely retrace to $54K before the big breakout

Bitcoin futures CME gaps have been filled by price every time over the past quarter, and over the weekend, another gap was formed near $54,000. 

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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