Bitcoin inches towards higher weekly close with CME futures gap in focus

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Bitcoin inches towards higher weekly close with CME futures gap in focus
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Bitcoin could still lose the higher weekly close BTC bulls are fighting for tooth and nail this weekend.

Others were focused elsewhere, among them Cointelegraph contributor Michaël van de Poppe, who argued that Monday's CME futures open would likely dictate a near-term price target regardless.

"Don’t be fooled by any move of Bitcoin during the weekend. In the end, the price will come back to CME close of Friday," heCME futures ended Friday at $42,390 — almost exactly at the point of last week's spot price close.On altcoins, the calm conditions for Bitcoin played out in a broad lack of action for out-of-hours traders.

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