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Where to look for Bitcoin CME gap

PHPz
Release: 2024-07-24 14:42:01
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The Bitcoin CME gap can be viewed on sites such as CME Group, TradingView, and Cointelegraph. The steps include: Visit the website, search for Bitcoin futures and select the current month contract, then compare the opening price to the previous closing price to determine the gap.

Where to look for Bitcoin CME gap

Where to look at the Bitcoin CME Gap

The Bitcoin CME gap is the difference between the opening price of the Bitcoin futures contract on the Chicago Mercantile Exchange (CME) and the closing price of the previous trading day. Because CME futures contracts do not trade on weekends and U.S. holidays, gaps may occur.

Steps:

  1. Visit one of the above websites.
  2. Search for “Bitcoin Futures” or “CME Bitcoin”.
  3. Select the current month’s futures contract (e.g., BTC1! or BTCH23).
  4. View the "Opening Price" and "Previous Closing Price" of the contract.

Example:

Suppose the current month contract of the Bitcoin CME futures contract is BTC1!:

  • Opening price: $24,000
  • Previous closing price: $23,500

This kind of In this case, the Bitcoin CME gap is $500 ($24,000 - $23,500). Gaps indicate that Bitcoin futures rose or fell significantly over the weekend or during the holidays.

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