On Monday, after CME opens, it is highly likely that Bitcoin (BTC) will experience its first (unfilled) gap on the recent daily chart, probably between $76,500 and $81,210. Although gap theory is somewhat mystical, all the short-term daily gaps of Bitcoin have been filled, with the earliest gap occurring when it was around $20,000 in 2023. All the previous gaps have been filled.
I previously conducted a calculation and will update the data slightly. The overall gap filling rate is approximately 95%, with the probability of filling within one week being around 55%, within two weeks around 65%, within three weeks around 81%, and the probability of filling within a year exceeding 90%.
This means that if the gap is not filled within three weeks, the difficulty of filling the gap begins to increase. The probability of filling a gap that has not been filled for over a year is very low. Therefore, if this gap is to be filled, it suggests that Bitcoin's price may have a chance to touch $81,000 again within three weeks.
