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Topic: [2017-12-11] Bitcoin Price: Hitting $17,000 After CBOE’s Futures Launch (Read 2570 times)

member
Activity: 171
Merit: 10
Hopes for a decrease in volatility from trading on the exchange are not justified. The price of bitcoin continues to change drastically.
sr. member
Activity: 1008
Merit: 355
So, bitcoin is finally recovering because i saw bitcoin selling $18,000+ last week.

Bitcoin is a roller-coaster ride with its magnificent ups and downs. Nothing surprising, really and in fact we should be surprised if Bitcoin would stay put in a certain level for long. In other words, Bitcoin is very volatile and this can be the dreamed tool for many traders and can be a little nightmare for some merchants. We should be hoping that the recently launched (and there would be more) Bitcoin Futures of CBOE can signal a new era for Bitcoin where growth is not stifled but instead enhanced.
newbie
Activity: 26
Merit: 0
So, bitcoin is finally recovering because i saw bitcoin selling $18,000+ last week.
sr. member
Activity: 966
Merit: 264
Some might think Monday is a tough day, but not for Bitcoin, as it has broken through a new all-time high of $17,000.

The Chicago Board Options Exchange ( CBOE) finally launched its bitcoin futures trading platform which caused the price to skyrocket by 20% overnight. The highest price at CoinMarketCap amounted to $17,102. However, sometime after, we have seen a pullback to about $16,800.

You can read the experts' opinions here: https://coinidol.com/bitcoin-price-hitting-after-cboe-futures-launch/

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