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Topic: Can CME futures launch push the bitcoin price to [$20,000]? (Read 116 times)

sr. member
Activity: 1274
Merit: 263
usually whenever we're hearing or reaching the date for that news or development or something similiar to that,
the price will be declined a lot,because people will secure their profits.
it's always happen because when the news appeared the price will be pumped and then after it reach that point,
there'll be a confusion happened after the news or development released.
many people still do not know what is going on in the future and what will happen with the price afterward.
that is why when we're reaching that date or that point the price will be declined.
but we may be can see the price hit $20.000 before we're reaching the date.
so everything can be happen,and i bet we should see it in a few days later on.
sr. member
Activity: 361
Merit: 250
Can CME futures launch push the bitcoin price to [$20,000]?

This is something that i have never been thinking about.

Maybe you are right, but why would it push the price over twenty thousand dollars? Well, we all know that when the CBOE futures were released a lot of people bought bitcoin and that pushed the price up by more than $1200 in just a few minutes after that release.

But i dont know, what if the same happens during the next Monday when the cme launches their futures?

I dont know, let's see how it goes.
newbie
Activity: 53
Merit: 0
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