As we wrote in a recent analysis, Bitcoin began to rise last week. While the highest levels lasted only a few hours, analysts began to pay attention to the likelihood that Bitcoin would create support closer to $ 8'000 or higher. An analyst, Michael van de Poppe, pointed out that there is a price gap in the CME bitcoin futures market - around the $ 7,960 price mark, and bitcoin has historically sought to fill such gaps. “This reversal would be the best option + overcoming the gap on the CME" he summed up in his last post on Twitter. Continuing, Van de Poppe suggested that a potential rebound could send BTC / USD well above Wednesday’s peak: A breakthrough will open the way to $ 9,500 ($ 11,000 for $ 9,500 is the same as $ 6,000 for short positions ) Nevertheless, the potential for decline remained, it is also possible to return to recent lows of $ 6,400.