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Analysts Fear Another BTC Drop To $9600 As CME Gap Price Crashes

Analysts fear another BTC drop towards the crucial CME futures gap at $9600 which was formed when the cryptocurrency surged from the $9000 level in late July as we reported in the Bitcoin news. The CME futures are closed on the weekends despite the spot markets of Bitcoin still trading. This forms a natural gap in the CME price action many of which get filled within a week after they were opened. Bitcoin could fill the CME gap soon according to one analyst who saw the recent price action. He noted that the cryptocurrency lost the support of the pivotal…

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