#BTC ๐Ÿ’ฐ On Bitcoin futures (CME), there are two open gaps



Historically, the market often closes such gaps; usually this happens within one to two weeks.

Upper gap โ€” $69,550 zone
Lower gap โ€” $67,200 zone

Both zones can act as magnets: the market often returns to them before continuing its move.

๐Ÿ‡ฎ๐Ÿ‡ทWhy this is especially relevant right now.

Geopolitics adds tension: US-Iran negotiations are once again in doubt.
Such uncertainty creates conditions for sharp moves, meaning the chances of closing these gaps this week are higher than usual.

๐Ÿ“ˆ๐Ÿ“‰ Both zones can be considered as reference points for a Long entry or partial profit-taking for those in a Short trade.
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#btc
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