CME Bitcoin futures opened the week with a significant $1,440 upward gap, propelling prices above $113,000 before settling. To fill the gap, a retracement to $109,900 is needed, a level not yet tested. Bitcoin's exchange price climbed to $112,211, marking a 2.4% increase over 24 hours. This movement followed a period of sideways trading, supported by robust trading volume. Despite a minor pullback after reaching highs near $113,000, demand remained strong during the rally. CoinMarketCap data indicated Bitcoin opened near $109,570, recovering steadily above $110,000 and reaching intraday highs near $112,500.
Bitcoin Futures Surge $1,440, Targeting $109.9K Gap Fill
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