Bitcoin’s price dipped Tuesday, falling back to weekly lows after failing to reclaim the gains of early in the week. The latest decline is partly attributed to a notable gap in Bitcoin futures market activity triggered by weekend trading, which traders are closely watching for potential future swings. This gap has implications for the immediate future trajectory of BTC, as some predict a return to test $100,000. The price, currently hovering around $107,460 on Bitstamp, hasn’t fully filled the CME Group’s Bitcoin futures gap that opened after last week’s market surge. 2.5% down over the day, traders warn of a potential decline towards $100,000 support. Analysts point out that previous gaps have historically led to significant price fluctuations. However, as one trader notes, if the current resistance level holds, Bitcoin could bounce back with renewed strength. If not, this price floor may be breached leading to a further plunge towards $100,000 or even lower. The ongoing uncertainty surrounding BTC’s future price direction adds to a volatile trading environment. Traders are closely watching for significant price movements as they continue to adjust their strategies in anticipation of potential market shifts.