Bitcoin CME gap drop to 78,000 USD possible due to fringe risks surrounding US economy

Bitcoin’s price fluctuation has reopened discussions about filling the CME gap under 80,000 USD, potentially leading to a correction. Analysts suggest that significant market movements may prompt this self-fulfilling prophecy.

Current macroeconomic challenges could lead to further declines in Bitcoin prices. The head of crypto derivatives at HighStrike considers the 78,000 USD level crucial and warns of potential sell-offs due to restrictive Fed policies.

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