Bitcoin at $103K: $175K Moon Mission or CME Gap Trap?

Bitcoin at $103K: $175K Moon Mission or CME Gap Trap?
This article was prepared using automated systems that process publicly available information. It may contain inaccuracies or omissions and is provided for informational purposes only. Nothing herein constitutes financial, investment, legal, or tax advice.

Bitcoin is holding steady at $103,000, but analysts are divided on its next move. While some predict a rally to $175,000, others warn of a looming CME gap pullback. The crypto market watches closely as volatility tightens.

  • Egrag Crypto predicts Bitcoin could surge to $175,000 based on historical EMA breakouts and a 10X extension from 2017's peak.
  • A critical unfilled CME gap between $91,970 and $92,520 may force BTC to retrace before any meaningful upward movement.
  • BTC is currently 4.9% below its all-time high but has outperformed the broader crypto market's recent 1.6% drop.
Related Tags: Bitcoin XRP
Notifications 0