Bitcoin traded near the $69,000 level on Sunday, aligning with a CME futures gap at that price. Analysts, including Michaël van de Poppe, noted that Bitcoin often reacts to such gaps during weekends, suggesting the price may remain near this range until the futures market reopens on Monday. The cryptocurrency hovered around $69,051, with resistance levels identified near $74,500 and above $80,000.
While Bitcoin consolidated, altcoins demonstrated relative strength, maintaining support levels despite Bitcoin's pullback. Market data showed some altcoins experienced smaller losses, with steady buying activity observed in selected tokens. Traders are now focused on Monday's market open for potential continuation toward recent highs.
Bitcoin Tests $69K CME Gap Amid Weekend Correction
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