Bull trap fears engulf Bitcoin market as BTC paints CME gap below $40K
Spot Bitcoin prices rallied toward $40,000 over the weekend but hinted at bullish exhaustion as CME Bitcoin futures opened Monday with a $1,500-plus gap.
A run-up toward $40,000 in the Bitcoin (BTC) market risked exhaustion as Chicago Mercantile Exchange’s futures opened on Monday with a gap of $1,575, the first since May 17.
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