Bitcoin (BTC) has seen a surge in volatility, with gains of around 7.5% versus local lows from the week's final Wall Street trading session. BTC/USD spiked to $27,200 on Bitstamp, its highest in several days, as traders remain cautiously optimistic. Popular trader Daan Crypto Trades noted that there was now potential for a “gap” in CME Bitcoin futures markets to appear at the May 15 open. However, trader and analyst Rekt Capital warned that a close at $27,550 or under would place BTC price at risk of further losses.
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