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Bitcoin Price Eyes $120K As $104K CME Gap Haunts Bullish Setup

Summary by The Market Periodical
Key Insights: Bitcoin price holds above $105K as traders target a $120K breakout. CME gap at $104,312 remains unfilled, creating downside pressure. $100K is seen as strong psychological support for long positions. Bitcoin price holds above $105K, but an unfilled CME gap at $104K raises bearish risks even as traders eye a $120K breakout. Bitcoin Price Faces Tug of War Between Gap and Breakout Bitcoin (BTC) hovered above $105,000 on June 9, with …
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The Market Periodical broke the news in on Monday, June 9, 2025.
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