The Bitcoin Prize (BTC) on UCME -term contracts dropped to a hollow of about $ 76,700 on Monday, officially filling the ECME long -term gap that was created on November 5, when President Trump won the US elections.
At the end of February, Bitcoin (BTC) fell briefly at around $ 78,500, partially filling the gap, because the lowest point of the gap was $ 77,400. However, as the term contracts on CME only fell $ 78,500 at that time, the gap remained partially opened. With the drop from Monday to $ 76,700, the gap – going from $ 77,930 to $ 80,600 – has now been completely closed.
For the context, CME Bitcoin Futures Exchange 23 hours a day, from Sunday to Friday, while the Bitcoin points markets are negotiated 24/7. Gaps occur when there is a difference between the closing price of the long -term market and the opening price of the next day due to the lack of commercial activity during opening hours.
Coindesk Research noted that out of the 80 previous CME gaps, all except one were finally filled. As for the remaining gaps, we still exist between $ 84,200 and $ 85,900.
