Bitcoin News Today: Bitcoin May Face Short-Term Dip Amid Bearish Divergence, CME Gap, and IBCI Signal

Bitcoin’s technical indicators and market dynamics are aligning to suggest heightened short-term risks amid a potential correction phase. Key signals include a bearish RSI divergence, an unfilled CME futures gap near $115,000, and the Index Bitcoin Cycle Indicator (IBCI) entering a distribution zone. These factors collectively underscore the likelihood of volatility in the coming weeks, though they do not signal an imminent end to the broader bull cycle [1].

The Relative Strength Index (RSI), a critical momentum gauge, has exhibited a hidden bearish divergence, where Bitcoin’s price records higher highs while the RSI fails to confirm with matching peaks. This pattern historically precedes price corrections, as seen in March 2024 when a similar divergence preceded a 20% decline. The current divergence suggests weakening bullish momentum, increasing the probability of a near-term pullback as traders and investors recalibrate positions [1].

Compounding this signal is the presence of an open gap in the CME Bitcoin futures market between $114,380 and $115,635. This gap, created when Bitcoin’s price moved outside of CME’s trading hours, has historically been a “price magnet,” with seven out of nine such gaps in 2025 already filled. The market’s tendency to revisit and close these gaps increases the likelihood of Bitcoin testing support levels near $114,000–$115,000 in the near term. This alignment with the bearish RSI divergence reinforces the potential for downward pressure [1].

Meanwhile, the IBCI has entered the distribution zone, a phase historically linked to market euphoria and intermediate tops. While the indicator’s current reading of around 80% has only reached the lower boundary of this zone, it signals elevated corrective risks. Analysts, including Gaah, note that key metrics such as the Puell Multiple and Short-Term Holder Spent Output Profit Ratio (STH-SOPR) remain below mid-level thresholds, indicating that retail speculation and miner profit-taking have not yet peaked. This suggests that while Bitcoin is vulnerable to short-term pullbacks, the broader bull market remains intact [1].

For traders, the convergence of these signals presents a strategic juncture. The potential filling of the CME gap could trigger increased volatility and trading volume, offering both risks and opportunities for position adjustments. Investors are advised to monitor the RSI divergence and IBCI closely, using these indicators to assess the likelihood of further corrections. However, the absence of peak retail and miner activity suggests that any pullback is likely to be intermediate rather than a cycle-ending decline [1].

The market’s dynamics highlight the importance of integrating technical and behavioral indicators into decision-making. While the distribution zone and RSI divergence warrant caution, they do not negate the long-term bullish case. Traders should remain prepared for a volatile near-term environment, balancing risk management with opportunities to re-enter or secure profits as the market navigates these key levels.

Source: [1] [Bitcoin May Face Short-Term Dip Amid Bearish Divergence and CME Gap Below $115,000] [https://en.coinotag.com/bitcoin-may-face-short-term-dip-amid-bearish-divergence-and-cme-gap-below-115000/]