Sa totoo lang ang target ko ay $9200 to $9500 lang ngunit umabot ito sa 10k now, dapat magco consolidate pa sana tayo, ingat pa rin tayo mga paps, worst case nito baka biglang mag pull back. Kung ako ang tatanungin, much better mag convert na ngayon at huwag na mag greedy pa.
Yun ang nakakatakot sa biglaang spike na to, lalo na pag naka attract ng maraming FOMO tapos biglang dive ang presyo. As much as possible dahan2x na mag cash-out kung nakuha mo na ang target profit, mahirap ng pangunahan ng greed better trade with extreme caution parin. 
Topic: [NEWS] Bakkt sets new all-time high in trading volume as Bitcoin price soars - page 2. (Read 245 times)
October 25, 2019, 11:12:02 PM
October 25, 2019, 10:34:18 PM
Dahil kaya ito sa US-China tradewar? naghahanap kaya yung mga iba ng alternative investment dahil sinasabi din nga ibang prominent investors eh babagsak daw ang US economy dahil ang laki daw ng debts.
October 25, 2019, 10:18:48 PM
Sa totoo lang ang target ko ay $9200 to $9500 lang ngunit umabot ito sa 10k now, dapat magco consolidate pa sana tayo, ingat pa rin tayo mga paps, worst case nito baka biglang mag pull back. Kung ako ang tatanungin, much better mag convert na ngayon at huwag na mag greedy pa.
October 25, 2019, 10:07:31 PM
Ito ata ang dahilan kung bakit sobrang taas ng presyo ngayon eh. Kagabi mga 2am, nasa $8,000 tapos ngayong pag-gising ko nasa $10,000 na. Nagulat ako kasi ang ingay ng notification ng Phone ko sa dahil sa movement price ng Bitcoin haha.
Kayo mga kabayan, ano satingin nyo ang dahilan? Kasi baka hindi ito normal growth kasi sobrang bilis ng pag-angat natin.
Kayo mga kabayan, ano satingin nyo ang dahilan? Kasi baka hindi ito normal growth kasi sobrang bilis ng pag-angat natin.
October 25, 2019, 09:33:05 PM
Quote
Bakkt, the Bitcoin futures exchange backed by the owners of the New York Stock Exchange, today hit a new all-time high in trading volume.
At the moment, 1,131 futures contracts have been traded, with the last traded price set at $8,622 per contract. Together, those contracts represent approximately $9.7 million of trading capital. The previous all-time high record, set earlier this week on Wednesday, was for 640 contracts.
Based on these figures, the unofficial Bakkt volume bot estimated that 2,095 monthly contracts, each consisting of 1 BTC, would change hands by the day’s end.
This week has witnessed multiple sharp spikes in Bakkt’s trading volumes. For example, Wednesday’s bump in volumes represented a 653 percent increase in volumes. They have also coincided with an increase in the contract’s price.
When it began trading in September, each monthly futures contract was worth $9,965. But a cold reception from investors meant a steady decline in its prices, with a bottoming out this past Wednesday at $7,452. The trading volume spike this morning has also resulted in a corresponding increase in contract prices by approximately 18 percent.
Why did Bakkt volumes spike?
As with most things related to cryptocurrency, there are no clear explanations for the amplification in volumes.
The Chinese premiere’s positive remarks about blockchain tech are said to have contributed to a jump in Bitcoin prices this morning. Typically, futures prices are harbingers of prices in spot markets. In this case, however, both markets seem to have moved in tandem.
Another possible reason could be traders moving funds between derivatives markets around the world to hedge their positions. For example, a trader might purchase futures at Bakkt to mitigate risk in a similar position elsewhere. Again, futures volumes at other markets, including those at Binance, seem to be moving in concert with Bakkt volumes.
Whatever the reason, the increase in trading volumes at Bakkt bode well
for its options product, due on December 9. Volatility in underlying futures markets for options is an opportunity for traders to make money and contributes to their popularity.
sourceAt the moment, 1,131 futures contracts have been traded, with the last traded price set at $8,622 per contract. Together, those contracts represent approximately $9.7 million of trading capital. The previous all-time high record, set earlier this week on Wednesday, was for 640 contracts.
Based on these figures, the unofficial Bakkt volume bot estimated that 2,095 monthly contracts, each consisting of 1 BTC, would change hands by the day’s end.
This week has witnessed multiple sharp spikes in Bakkt’s trading volumes. For example, Wednesday’s bump in volumes represented a 653 percent increase in volumes. They have also coincided with an increase in the contract’s price.
When it began trading in September, each monthly futures contract was worth $9,965. But a cold reception from investors meant a steady decline in its prices, with a bottoming out this past Wednesday at $7,452. The trading volume spike this morning has also resulted in a corresponding increase in contract prices by approximately 18 percent.
Why did Bakkt volumes spike?
As with most things related to cryptocurrency, there are no clear explanations for the amplification in volumes.
The Chinese premiere’s positive remarks about blockchain tech are said to have contributed to a jump in Bitcoin prices this morning. Typically, futures prices are harbingers of prices in spot markets. In this case, however, both markets seem to have moved in tandem.
Another possible reason could be traders moving funds between derivatives markets around the world to hedge their positions. For example, a trader might purchase futures at Bakkt to mitigate risk in a similar position elsewhere. Again, futures volumes at other markets, including those at Binance, seem to be moving in concert with Bakkt volumes.
Whatever the reason, the increase in trading volumes at Bakkt bode well
for its options product, due on December 9. Volatility in underlying futures markets for options is an opportunity for traders to make money and contributes to their popularity.
Sa mga nadismaya na kay BAKKT ito buhay na buhay parin siya at sumasabay sa agos, slowly but steady tumataas ang trading volume. Sa tingin nyo isa kaya ito sa magiging catalyst for another bull-run or bluff parin? Please share your opinions.
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