The sharp drop in #Bitcoin over the weekend created a gap in...
The sharp drop in #Bitcoin over the weekend created a gap in BTC futures prices, currently around 78,700 to 81,800.
The good news is that once BTC stabilizes, filling this gap could drive prices to rebound to around 81,800.
The bad news is that filling the gap still depends on whether the price can stabilize. Moreover, filling the gap only indicates the extent of the rebound and does not determine its sustainability or overall strength. Further observation is needed to see if an effective recovery can begin and how the price stabilizes after the rebound.
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