According to Michaël van de Poppe, Bitcoin (BTC) has once again faced rejection at a crucial resistance level. He highlights the existence of a CME gap at $118,500, suggesting that a brief correction may occur before the market resumes its upward momentum toward new all-time highs. Traders should monitor this resistance zone and the CME gap as they could influence short-term BTC price movements and trading strategies. Source: Michaël van de Poppe.