Bitcoin Fills CME Gap While Trapped in Bearish Descending Channel - What’s Next?

Bitcoin just checked off a key technical milestone—filling the CME futures gap—while wrestling with a stubborn descending channel. Here's why traders are glued to their screens.

The gap is gone. Now what?

Like clockwork, Bitcoin swallowed the CME gap—a phenomenon where weekend price action leaves a void in futures markets. Classic crypto efficiency: patching financial irregularities with violent volatility.

Descending channel drama

Price remains caged in that downward-sloping channel, the kind that makes breakout traders twitch. Every bounce gets sold, every dip gets bought—until one side breaks.

Will this be the moment institutions 'rebalance' their portfolios (read: panic-buy the bottom)? Or just another fakeout in crypto's theater of liquidity? Place your bets—the house always wins.