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via BeInCrypto · By Lockridge Okoth
Bitcoin’s First CME Gap-Free Monday Puts a Popular Trading Signal to the Test
BTC
BTC/USDT
$63,327.96
+0.39%
$63,327.96
+0.39%
(24s)24h Volume
$2,379,815,010.53
24h H/L
$63,340.00 / $62,968.45
Change: $371.55 (0.59%)
Long/Short
67.7%
Long: 67.7%Short: 32.3%
Funding Rate
+0.0032%
Longs pay
Data provided by COINOTAG DATALive data
LO
Lockridge Okoth(05:46 PM UTC)
1 min read
Bitcoin (BTC) starts its first full trading week with no new CME futures gap on the chart. The shift ends an eight-year market quirk that traders relied on to forecast short-term price targets.
The Chicago Mercantile Exchange (CME) moved its regulated cryptocurrency futures and options to around-the-clock trading on May 29. The change removed the weekend closure that had produced visible price…
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