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Market Outlook
Bitcoin's Gap Filling and High-Level Volatility Expectations
Yesterday, we pointed out near $BTC 78 that there was still room above. Last night, it rose to the 79,300 range and then pulled back to the 77 range.
79,300 did not fully fill the upper space. Currently, it is touching the CME gap, but the gap has not been filled, so the expectation of filling the gap up to around 81,000 still exists.
After filling the gap, I believe the 81-84 range could be potential peak levels.
Currently, Bitcoin may first undergo high-level consolidation before filling the gap upward. Volatility above 77 may occur, but it is not necessarily a sign of a top.
My current outlook remains bullish; if anyone wants to short, caution is advised.
This article is sponsored by #BCGAME | @bcgame @bcgamecoin