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Bitcoin’s rally toward $120,000 faces a potential short-term crash as analysts warn of an unfilled CME gap near $116,500. Technical indicators suggest a temporary correction before a possible push to new highs. Experts remain bullish long-term despite near-term volatility risks.
- Unfilled CME gap at $116,500 poses short-term crash risk for Bitcoin despite bullish momentum
- Analysts expect any correction to be temporary before potential push to new all-time highs
- Current gap near ATH levels may stay open longer than typical CME gaps due to strong bullish pressure
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