Bitcoin futures markets have filled a CME gap from mid-August, indicating market strength. Bulls must prevent this level from becoming resistance to avoid new local lows, with potential for BTC price to reach all-time highs in a matter of weeks. Data shows BTC hitting $116,800 spot price on Bitstamp with futures reaching $117,320 and closing the gap. Crypto experts predict a move towards a new ATH if resistance is broken. The US spot Bitcoin ETFs saw over $2.3 billion in net inflows, with expectations of increased volatility due to upcoming interest-rate cuts by the US Federal Reserve. Traders anticipate new all-time highs in as little as two weeks, supported by BTC reclaiming a key long-term trend line and strong momentum. Analysts believe the bull market top is not yet in, referencing historical patterns.
Read more at Cointelegraph: Bitcoin Fills Its $117K CME Gap Amid Talk of Price Discovery Next
