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$BTC still has that unfilled CME gap from New Year’s Eve sitting near $88K and it matters.
If price slides down to close it, we could see over $2.4B in leveraged longs get wiped out, triggering a fast flush lower.
It’s a level traders should keep on their radar one dip in that direction and volatility could explode in both directions.
#AreYouBullishOrBearishToday? #BTCMarketAnalysis