Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
A run-up towards $40,000 in the Bitcoin market risked exhaustion as Chicago Mercantile Exchange’s futures opened on Monday, June 14 with a gap of $1,575, the first since May 17. In retrospect, the downside risks heightened due to Bitcoin’s recent bearish pullbacks near the $40,000-level. Atop that, the said CME gap formed between Friday’s close […]