Important points:
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After giving up on the rally, Bitcoin is currently trying to close the gap in Bitcoin futures over the weekend.
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Traders warn that the overall decline in BTC prices is due to low volume.
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Price forecasts increasingly indicate that the price will return to a level that will test the $100,000 level next.
Bitcoin (BTC) returned to weekly lows on Tuesday, with attention focused on an open “gap” in Bitcoin futures.
Bitcoin fights latest CME futures gap
BTC/USD fell to $107,460 on Bitstamp, according to data from Cointelegraph Markets Pro and TradingView.
It fell 2.5% on the day, failing to sustain the rally from the beginning of the week, but failing to “close” the recent gap in CME Group’s Bitcoin futures market.
These weekend gaps are caused by weekend price movements that cause futures to end at one price point and open at another.
The market then tends to “fill” the gap by returning to the space left between the opening and closing prices. This often happens within a few days, and sometimes within a few hours.
“$BTC started this week with a slight CME gap. The price has dropped to close some of it, but there is still a little left. If the price trades close to that, it’s good to keep that in mind,” trader Daan Crypto Trades wrote on the subject in a post on X.
“On top of that, last week closed a huge gap of $110,000, which was the gap left at the end of September before BTC hit a new all-time high.”
Closing the gap on this occasion means you’ll be set back around $107,390. During last week’s market crash, Bitcoin futures hit a low of around $103,750.
“The bulls will want to hold $107,000 going forward,” Daan Crypto Trades said on Monday.
“If this situation starts to go down and we get closer to last Friday’s wick, that would just show major weakness for me.”
Traders expect $100,000 BTC price support to fail
Some traders continued to brace for new local lows, including a breakdown of the $100,000 support.
Related: Dead cat bounces back to $118,000? 5 things you need to know about Bitcoin this week
Fellow trader Roman argued that Monday’s rally lacked the volume to sustain further gains in Bitcoin price.
“I couldn’t trust a low volume ‘breakout’ because the volume didn’t prove a true recovery in support. 100-98,000 is here!” he told his X followers.
Cryptocurrency investor and entrepreneur Ted Pillows also believes that if the BTC price fails to establish a floor, the next move will be $100,000.
$BTC It is currently at a major support level.
If the support level between $107,000 and $108,000 holds, a pullback could occur.
If Bitcoin loses this level, it could fall towards $100,000 within a few days. pic.twitter.com/6bIOIudmqM
— Ted (@TedPillows) October 21, 2025
“Overall, we expect it to hit $100,000, but it could drop to $95,000,” added trader Crypto Tony, repeating existing market predictions.
This article does not contain investment advice or recommendations. All investment and trading moves involve risk and readers should conduct their own research when making decisions.