Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit


Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit

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Crypto markets saw familiar downside on Friday, ahead of the weekend. Meanwhile, one trader pointed out an unfilled ‘gap’ in the CME futures market, which could spell further downside.

· 2 min read

Veteran trader points out bearish ‘CME gap’ as Bitcoin, Ethereum take a hit

Bitcoin and Ethereum prices start to fall as the weekend approaches, a move that has become a familiar pattern in the past few months.

It can be seen that weekends recently have been ‘red’ for the cryptocurrency markets as the volume drops along with the price.

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