Why is everyone targeting $80K+?
Here’s the answer:
The last major exhaustion gap formed around $84K over the weekend, right before the waterfall move down.
What most people are missing is this: back in 2022, we saw two very similar CME gaps.
- One took 290 days to fill
- The other took over 500 days
Right now, $BTC is following 2022 almost perfectly.
If that continues, it suggests the $84K gap won’t be filled anytime soon, likely months down the line.
And if that’s the case, it points to one thing:
The local top may be much closer than people think.
BTC
73,826.12
-2.66%