Bitcoin Faces Two CME Gaps at $91K and $97K: Which is More Likely to Fill First?
Bitcoin is currently trading between two notable CME futures gaps, one near $91,000 and another around $97,000, and traders are closely watching which void will be filled first. The lower gap formed two weeks ago between approximately $92,000 and $92,500, while the more recent weekend gap sits between $96,400 and $97,400 on the CME futures chart. Historically, CME gaps act like magnets for price action, often being filled within days as the market seeks to “close” these voids. However, the proximity of the $91K gap to current prices and the cluster of liquidity in the $90K–$91K zone suggest that the lower gap is more likely to be filled first.
Understanding CME Gaps and Their Significance
A CME gap occurs because Bitcoin futures on CME cease trading for a brief period each day typically over the weekend or overnight while spot markets remain active 24/7. When the futures contract reopens at a different price level than its previous close, a gap appears on the chart. Market participants often view these gaps as targets, expecting price to revisit and “fill” the gap before resuming its trend.
The Case for the $91K Gap
The gap between $92,000 and $92,500 is only a few percentage points below Bitcoin’s current mid-$93K trading range, making it a relatively easy fill. Technical support in the $90K–$91K area has been tested multiple times, and strong buy orders are known to cluster here, reinforcing this zone as the most probable short-term gap fill. Additionally, trading volumes tend to pick up around this level, providing the liquidity needed to push prices downward into the gap.
The Argument for the $97K Gap
The higher gap at $96,400–$97,400 represents a bullish target that, if filled, would require BTC to break above its recent monthly high near $95K. Institutional inflows into spot Bitcoin ETFs and a weakening U.S. dollar could fuel enough buying pressure to propel Bitcoin upward into this gap. However, overhead resistance between $96K and $98K another historical supply zone means that any attempt to fill this gap may first encounter significant selling, making it a longer‑term prospect.
Which Gap Will Fill First?
Given Bitcoin’s recent down‑to‑earth trading range and tighter consolidation around $93K, the lower $91K gap is statistically more likely to be filled first. Traders often prefer playing the “easier” gap close, especially when liquidity and momentum align in that direction. Conversely, filling the $97K gap would require a fresh bullish catalyst and a clear break above multiple resistance layers.
Conclusion
While both gaps remain on watchlists, the $91K–$92.5K CME gap is the more probable target in the near term, given its proximity to current prices and established support below. Should Bitcoin regain strength and clear the $96K ceiling, the $96.4K–$97.4K gap would then become the next logical target. For now, traders should monitor order book depth around $90K–$91K and watch for volume surges that signal a swift gap fill a process rooted in the very mechanics of CME futures trading that continues to shape BTC’s price action day by day
