Bitcoin

<ul><li>CryptoBusy eyes $20K Bitcoin price, citing CME gap as the critical factor.</li><li>Buterin&#39;s Twitter hack exacerbates market volatility, negatively impacting Ethereum.</li><li>FTX&#39;s pending $3.4B liquidation could be the market&#39;s next big shake-up.</li></ul>Technical and Market Analyst CryptoBusy has dropped significant insights about the future of Bitcoin. According to a recent tweet, the analyst suggests that Bitcoin could see a downward spiral to the $20,000 range, driven by the so-called CME gap. The CME allegedly closes on weekends, creating a gap where Bitcoin&#39;s price can fluctuate while the exchange is inactive.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/3c15507150614d43b8f07cc890f40a46.png" />These developments come at an already precarious time for the market, rocked by the recent <a href="https://twitter.com/BlockGeekDima/status/1700648110735724564?s&#61;20" rel="noopener noreferrer nofollow">hacking</a> of Ethereum co-founder Vitalik Buterin’s Twitter account and ongoing liquidity issues at the FTX crypto exchange. Intraday trends indicate crucial support and resistance levels for Bitcoin, as pointed out by CryptoBusy.Read full article at <a href="https://cryptotale.org/analyst-signals-imminent-21-drop-in-btcs-price-due-to-cme-gap/" rel="noopener noreferrer nofollow">CryptoTale .</a>

Analyst Signals Imminent 21% Drop in BTC's Price Due to CME Gap

CryptoTale

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