Bitcoin dipped below $88,000, closing a CME Bitcoin futures gap near $88K, according to an X post from trader The Cryptomist and a related market update.
$BTC #Bitcoin now closed CME gap at $88k
We now have 3 above.
– $97.8k
– $113.4k
– $116.9kCan be spotted on different timeframes than displayed on the image attached. https://t.co/Mnm0PdC3OH pic.twitter.com/RjOpbKGJ2Y
— The Cryptomist (@Thecryptomist) January 21, 2026
The move followed a slide to around $87,800 and left BTC probing for direction near $90,000, with more than $10,000 of January gains erased from recent highs. With the $88K gap now filled, attention is pivoting to three remaining CME gaps flagged above spot: $97.8K, $113.4K, and $116.9K.
Next up is whether Bitcoin can stabilize above $90,000 and start grinding toward the next gap zone, or whether volatility drags price back toward the just-cleared level. For traders focused on positioning, those overhead gaps now sit on the near-term roadmap as potential upside targets.
Source: The Cryptomist.
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