The futures contracts made BTC volatile. IT WAS THE WHOLE REASON. To make BTC unstable. That way it can not be treated as currency. In couple of months guys like JD will be appearing on media and telling "Didn't I tell you?" Blah blah...
By that in mind we can earn money being smart.
They will short sell in great amount. After the major upper trend line breached. To attract more bulls they will increase the prices as much as possible. Somewhere around the green area I believe the shorting will start. Please be carefull.
As always this is my idea not investment advise. I am trying to give you different point of view.
評論
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Please imagine the target box wider to the right. It was too specific. It will take time.
I think the contract right now is around 10000 .I think we will be stuck here till the 4rth of march. I think thats when the new contract comes out i believe. CME is tearing the free market down. I just started figuring how crappy cme is for btc and cryptos. Futures should be outlawed.
datavanza
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@Supertraderboy, thanks for your feedback. I agree with you.