$BTC

🚨🚨 Bitcoin sold off immediately after the CME reopened, and the short-term outlook remains weak. One small positive is a minor CME gap around $95,500 ⚡️📢

Over the past 6 months, every CME gap has been filled, with roughly 95% closing within 7 days ⚡️📢

Trump and EU leaders are scheduled to meet in Davos later this week, so a deal could spark a relief bounce ⚡️📢

Opening a long here is tricky, as it would largely rely on a deal materializing, which doesn’t seem very likely at this stage ⚡️📢

Let’s see how it unfolds. Interesting week ahead

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#Market_Update #bitcoin