The post Bitcoin’s Weekend Surge Meets Resistance At Key CME Magnet Price Zone appeared on BitcoinEthereumNews.com.

Bitcoin CME gaps drive weekend volatility, often retraced during traditional market reopenings.   BTC price closely tracks global M2 expansion, signaling macro-driven growth potential.   Bitcoin holds above $83K, eyes $84K resistance amid strong recovery from $81,570 support zone. Bitcoin (BTC) continues to display price movements closely aligned with institutional trading patterns and global monetary expansion. Recent changes in the crypto market highlight Bitcoin’s sensitivity to CME Futures gaps and the expanding global M2 money supply, signaling key factors that traders are monitoring for future price direction. Market data shows that Bitcoin has formed a CME (Chicago Mercantile Exchange) gap for six consecutive weekends, reflecting a pattern gaining attention among traders. Historically, Bitcoin’s price remained relatively stable over weekends, but recent activity has seen increased volatility and headline-driven moves during these periods. As reported by Daan Crypto Trades, most of the weekend movements were reversed the following week. This implies that irrespective of short-term volatility during the weekend, the Bitcoin rate usually returns to where it was on the day the CME opens. $BTC Has made a weekend gap 6 weeks in a row now. Where price used to do pretty much nothing during the weekends, we’ve now been seeing a lot of volatility and headlines causing all kinds of price movements. But what we’ve also seen is that whenever a move is made during the… pic.twitter.com/D4eEGqcNMs — Daan Crypto Trades (@DaanCrypto) April 12, 2025 Bitcoin’s 15-minute candlestick has it trading within a defined range according to the Binance markets after the CME close. A red resistance zone above it shows a high intensity of trading activity since the price reversed the CME gap below it. The chart includes a magnet icon near the anticipated CME open, reflecting expectations for the price to gravitate toward that level. Source: X This trading behavior…

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Filed under: News - @ April 13, 2025 1:08 am