Bitcoin’s March futures on the CME kicked off at $95,000 today, marking a notable $9,000+ price gap from Friday’s high.
The surge followed a 9.5% increase in BTC’s spot price on Sunday, where it climbed from roughly $84,100 to over $94,000. The rally was fueled by President Donald Trump’s announcement that BTC, along with ETH, XRP, SOL, and ADA, would be included in a newly proposed U.S. strategic crypto reserve.
This significant move led to a gap-up opening for CME’s March futures contract. Data from CME and TradingView shows the contract opened at $95,000—$9,280 higher than Friday’s high of $85,720.
Market gaps in futures trading indicate a non-traded price zone, reflecting abrupt shifts in sentiment. This latest gap underscores strong bullish momentum in the wake of last week’s market pullback.
Historically, such gaps often get filled as markets seek equilibrium. Last week’s dip below $80,000, for example, successfully filled a gap left open since November.
With a new gap now forming between $84,000 and $94,000, some traders anticipate a possible retracement before BTC resumes its upward trajectory.
