The post Bitcoin Forms New CME Gap At $61,400: Will It Rebound After Massive Price Drop appeared first on Coinpedia Fintech News
Bitcoin, the largest cryptocurrency by market cap, recently dropped over 6% to a low of $57,880 before recovering slightly to $59,257. This sharp decline happened quickly after Bitcoin fell below the important $61,000 support level. During this drop, a new CME Gap appeared in the price chart, between $60,400 and $61,400. This gap is something …
