2 Hour Left....How you guys think about CME Bitcoin going to expiry?

ChickenDuck

newbie

Activity: 113

Merit: 0

I still don’t see much difference in the BTC price. Let wait and see in the coming days.

Quote from: Ric8 on January 26, 2018, 09:59:53 AM

How you guys think about CME Bitcoin going to expiry? Countdown for CME future expiry. Currently about 2 hrs left. Short sellers who have profited from this bear market likely to close their position and go long. BTC may have huge rebound at this point. Will have huge impact due CME future expiry??

useful link=>http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

imapessimist

jr. member

Activity: 266

Merit: 1

I don't really understand this futures or whatever. Yesterday some said it would go high but it hasn't yet. It's sad to get people's hopes up and then nothing.

harri74

newbie

Activity: 34

Merit: 0

Not sure tbh. The optimist in me would like to see a surge of capital back into the market taking the overall market cap back to above 80 million with the corresponding flow through to the alts. The pessimist in me sees bitcoin range bound between 10-12k usd. How feasible would it be to manipulate short and then long future contracts? I suppose anything is possible? However, when I think about regulation it may not necessarily be a bad thing for the market as a stable bitcoin price could/should attract more capital to the altcoin ecosystem..

Ric8

member

Activity: 126

Merit: 10

How you guys think about CME Bitcoin going to expiry? Countdown for CME future expiry. Currently about 2 hrs left. Short sellers who have profited from this bear market likely to close their position and go long. BTC may have huge rebound at this point. Will have huge impact due CME future expiry??

useful link=>http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html

Topic: 2 Hour Left....How you guys think about CME Bitcoin going to expiry? (Read 80 times)