{"id":7450,"date":"2025-10-01T18:13:04","date_gmt":"2025-10-01T18:13:04","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/bitcoin-bulls-eye-117000-but-cme-gap-closure-could-delay-the-breakout\/"},"modified":"2025-10-01T18:13:04","modified_gmt":"2025-10-01T18:13:04","slug":"bitcoin-bulls-eye-117000-but-cme-gap-closure-could-delay-the-breakout","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/bitcoin-bulls-eye-117000-but-cme-gap-closure-could-delay-the-breakout\/","title":{"rendered":"Bitcoin Bulls Eye $117,000, But CME Gap Closure Could Delay The Breakout"},"content":{"rendered":"

The recent technical picture for Bitcoin<\/a> presents a tug-of-war between short-term momentum and macro necessity. While the bulls are aggressively defending support and pushing toward the $117,000 resistance area, the yet-to-be-filled CME gap hangs over the market. This historical pattern suggests that although the price action is bullish, a mandatory downside move may be required to reset the chart before the target can truly be breached.<\/p>\n

Gap-Filling Before The Next Big Rally<\/h2>\n

Ezy Bitcoin, in a recent short-term market outlook shared<\/a> on X, explained that Bitcoin may need to close an existing gap before it can build momentum for its next major rally. However, such a move should not be seen as a weakness but rather as a healthy reset, one that could set the stage for a stronger push upward.<\/p>\n

He referenced the Bitcoin CME Futures chart, where the CrossX indicator highlights unfilled gaps that often act like magnets for price action. Historically, Bitcoin has shown a tendency to revisit these areas before resuming its climb, making them a key part of the near-term structure.<\/p>\n

\"Bitcoin\"<\/p>\n

Over the last five months, Ezy Bitcoin has noted every single gap has been filled, while maintaining a flawless 100% success rate. This consistency adds weight to the likelihood of a short-term retracement before another rally begins, reinforcing his expectation that the pattern will hold.<\/p>\n

With that in mind, he concluded that a minor pullback could create a valuable opportunity to accumulate more Bitcoin. Rather than fearing a dip, traders and investors might see it as an entry point before the next strong upward move.<\/p>\n

Bitcoin Bulls Eye Recovery Momentum Despite Market Pressure<\/h2>\n

According to the latest correction for now.\u00a0<\/p>\n

Currently, the price is moving upward again, and the immediate challenge is defined by a narrow resistance zone between $114,600 and $114,800. This range is acting as a local ceiling where selling pressure is likely to be concentrated. Overcoming this level is crucial for the continuation of the bullish move.<\/p>\n

Looking ahead, Crypto VIP Signal emphasized that a successful breakout above the $114,600\u2013$114,800 resistance will open up the path to significantly higher targets between the $116,000 and $117,000 area. A move into this range would solidify the positive momentum and confirm that the recent drop was merely a brief shakeout, allowing the rally to continue.<\/p>\n

\"Bitcoin\"<\/p>\n","protected":false},"excerpt":{"rendered":"

The recent technical picture for Bitcoin presents a tug-of-war between short-term momentum and macro necessity. While the bulls are aggressively defending support and pushing toward the $117,000 resistance area, the yet-to-be-filled CME gap hangs over the market. This historical pattern suggests that although the price action is bullish, a mandatory downside move may be required…<\/p>\n","protected":false},"author":1,"featured_media":7451,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[119],"tags":[56,3619,55,69,61,120,121,70,62,3482,3620],"class_list":["post-7450","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-bitcoin-cme-futures","tag-bitcoin-news","tag-bitcoin-price","tag-btc","tag-btc-news","tag-btc-price","tag-btcusd","tag-btcusdt","tag-crypto-vip-signal","tag-ezy-bitcoin"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7450","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=7450"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/7450\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/7451"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=7450"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=7450"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=7450"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}