March futures for Bitcoin (BTC) opened at $95,000 early today, surging over $9,000 higher from Friday’s peak.
BTC’s spot price climbed 9.5% on Sunday, rallying from around $84,100 to over $94,000, following President Donald Trump’s announcement that BTC, along with ETH, XRP, SOL, and ADA, would be included in the U.S. strategic crypto reserve.
This sharp move led to a significant gap-up opening for CME’s March futures contract. Data from CME and charting platform TradingView show that the contract opened at $95,000, marking a $9,280 jump from Friday’s high of $85,720.
A gap represents a non-traded price range, highlighting a level where no transactions occurred between consecutive sessions. This often reflects a sudden shift in market sentiment, which in this case, leans strongly bullish after last week’s downturn.
Historically, market gaps tend to be filled as traders seek to re-establish equilibrium after abrupt price movements. A key example is last week’s drop below $80,000, which closed the gap left from November’s trading action.
With the emergence of this new gap between $84,000 and $94,000, there remains a possibility that prices could revisit this zone before continuing their trend.
