It seems the BTC Futures GAP on CME is playing fun games with us in the short term, with long term optimism still intacts. BTC just closed off the U$9,175 gap, signaling what is to come in the northern summer months. With the summer months in the US financial system a catalyst for softening of the markets combined with recent comments from Raul Paul and the current economic pressures globally, BTC most likely will be impacted. The 47% plunge on March 12th was as a result of the black swan event we are all familiar with, however, that was a pure liquidity issue during the sell-off that created the large negative price action. That was not the final dump. The coming months will see the CME gaps close off in order as shown in the chart. BTC most likely will bottom out at approx U$6,200 on CME, at which stage, it will bounce back and start closing off the balance of the gaps towards U$11,855. For experienced traders, this opens up great leveraged trading opportunities. For new investors, please do your research before trading, especially on any leverage positions.