Key points:
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Bitcoin attempts to fill the latest weekend Bitcoin futures gap after giving up its rebound.
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Overall BTC price weakness comes amid low volume, traders warn.
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Price forecasts increasingly see a return to test $100,000 next.
Bitcoin (BTC) fell back to weekly lows on Tuesday with all eyes on an open “gap” in Bitcoin futures.
Bitcoin battles its latest CME futures gap
Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping to $107,460 on Bitstamp.
Down 2.5% on the day, the pair failed to hold its early-week rebound but stopped short of “filling” the latest gap in CME Group’s Bitcoin futures market.
These gaps, created over weekends, result from futures closing at one price point and opening at another, thanks to weekend price volatility.
The market then tends to “fill” the gap by returning to the space left in between the open and closing levels. Often, this happens within days or even hours.
“$BTC Opened with a small CME gap below this week. Price did come down to close some of it, but there’s still a bit left. So good to keep that in mind if price were to trade close to it,” trader Daan Crypto Trades wrote on the topic in an X post.
“Besides that, we did close the big gap at $110K last week. This was a gap that was left behind at the end of September before BTC rallied to new all time highs.”
Filling the gap on this occasion would mean a return to around $107,390. During last week’s market rout, Bitcoin futures put in a low at around $103,750.
“The bulls would want to hold $107K going forward,” Daan Crypto Trades said Monday.
“If this were to start grinding back down, and get close to last Friday’s wick, then that’d just show a lot of weakness to me.”
Traders see $100,000 BTC price support failing
Some traders continued to prepare for new local lows, including a breakdown of $100,000 support.
Related: Dead cat bounce to $118K? 5 things to know in Bitcoin this week
Fellow trader Roman argued that Monday’s rebound lacked volume to sustain further BTC price upside.
“Didn’t trust the low volume ‘breakout’ as volume never validated a true reclaim of support. 100-98k here we come!” he told X followers.
Crypto investor and entrepreneur Ted Pillows also saw $100,000 coming into play next if BTC price fails to establish a floor.
$BTC is now at a key support level.
If $107,000-$108,000 support level holds, a bounceback could happen.
If Bitcoin loses this level, it could drop towards $100,000 in the coming days. pic.twitter.com/6bIOIudmqM
— Ted (@TedPillows) October 21, 2025
“Overall i expect $100,000 to hit with a possible to smack lower to $95,000,” trader Crypto Tony added, reiterating his existing market expectations.
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
