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Bitcoin price may bottom at $88K next cycle if last CME gap stays open

The Cointelegraph β€‹

Cryptocoins News / The Cointelegraph β€‹ 208 Views

Bitcoin filled one of two new futures gaps with a trip below $90,000 as analysis predicted a potential bottom level for the next BTC price cycle.

Bitcoin (BTC) dipped below $90,000 Thursday as market participants see a classic short-term target coming next.

Key points:

Bitcoin dices with the 21-day moving average trendline as it fills open gaps in CME futures markets.

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