you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.
What negative news? I only saw positive ones.
Topic: Next week Futures expire (Read 417 times)
What negative news? I only saw positive ones.
you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.
The market is volatile so it was normal for the price of cryptocurency to go down, the best thing to do is always take advantage of the market price every time the value is dropping.
you say 7-8k? now the price of bitcoin has gone below $ 7k, which is precisely at the price of $ 6500. bitcoin prices dropped because of the many negative news received by bitcoin.
Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.
But I doubt many people does that since we cannot tell on what would be the outcome of bitcoins for its succeeding days since looks like the bitcoins will go sleep and stable at this moment since their is current fear running on it. And I will just recommend just to trade with it and stocking is not the right time for that since we will make our money sleeping unlike tradings where we can gain more.
In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.
Can you explain this a little more? If the miners are shorting Bitcoin futures then they are adding more risk in their "portfolio".
Plus I do not see any relation of shorting futures and setting high transaction fees. It is arguable and unproven that the miners flood the mempool to raise the fees. It is the users who set the fees.
Well, there hasn’t been much movement today. So I’m not sure I was on the right track. It was just a theory, but doesn’t seem like the future expiring today has had any major impact in the prices.
In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.
Can you explain this a little more? If the miners are shorting Bitcoin futures then they are adding more risk in their "portfolio".
Plus I do not see any relation of shorting futures and setting high transaction fees. It is arguable and unproven that the miners flood the mempool to raise the fees. It is the users who set the fees.
In my opinion, Futures are the miners insurance policy. They hold BTC for long positions and can short it with futures. This allows them to continue setting the higher transaction fees. They’re making money hand over fist like this.
Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.
But I doubt many people does that since we cannot tell on what would be the outcome of bitcoins for its succeeding days since looks like the bitcoins will go sleep and stable at this moment since their is current fear running on it. And I will just recommend just to trade with it and stocking is not the right time for that since we will make our money sleeping unlike tradings where we can gain more.
Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
If the price reduced further more, for example 7-8 k.You have to buy a bitcoin as much you can. It will be golden opportunity to get into bitcoin. If you are a newbie and had a plan to get into bitcoin trading, this is the right time. Best option in trading is using the Market fall.Cheers.
Initially, I didn't care much for the CBOE/CME futures, given that they were after all cash settled. But after the first futures expired a few weeks ago, it did begin to make sense that follow-on effects of all those contracts that would have lost a lot money would mean a rush to liquidate Bitcoin - at least to gain more hard currency to follow up on more contracts. So yes, these expirations would probably result in further losses - except that I suspect a lot of people would have rushed in to buy new 1-month LONG contracts at the discounts of the past weeks.
So the most likely for me: both sides pressure to cancel each other out, so BTC to oscillate at current levels. Less likely is either side being dominant, long contracts to push prices above 15k, or further shorting to bring it down below 10k. Don't forget we'll have a lot of new money coming in.
So the most likely for me: both sides pressure to cancel each other out, so BTC to oscillate at current levels. Less likely is either side being dominant, long contracts to push prices above 15k, or further shorting to bring it down below 10k. Don't forget we'll have a lot of new money coming in.
Thank you.
I've searched for hours but can't find anything official.
I've searched for hours but can't find anything official.
I’m not 100%. It’s sometime after 5pm EST on Friday, Jan 26.
Do you know at what time the futures expire?
Were we all wrong in being excited about the CBOE's futures listing? I believe it brought nothing but more volatility in Bitcoin, and it is going in the opposite direction!
I always buy the dip, but sometimes I start second guessing myself because getting the timing right is not as easy as it was last year when the price was fairly predictable. Are we now in a bear market?
I always buy the dip, but sometimes I start second guessing myself because getting the timing right is not as easy as it was last year when the price was fairly predictable. Are we now in a bear market?
This is my own view. The futures has a very low volume and it might not be able to affect bitcoin price in a much significant way! Bitcoin is going to come down a little and it might get below $10,000 or $10,200. Strong support area and from there is going to get serious pump up that may break the formal high. If Bitcoin get serious bearish? Which I think has happened, it means big buyers will get into the market in other to take advantage of the cheap price.
Its 26th, and a new one will open 30th, if I'm not mistaken.
Price skyrocketed after CBOE opened in December, but started to fall after CME opened.
Price skyrocketed after CBOE opened in December, but started to fall after CME opened.
Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?
Flawed analogy. Expiration of a future contract doesn't always imply "new LOW". Sure, there will be some turbulence during that period but that doesn't guarantee any highs or lows. I assume, participants of futures are most likely clinging towards $8k, but I might be wrong.
I recommend watching Jan 27-29 prices VERY CLOSELY!
Yes. Everyone will.
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
I will leave that for Loaded to answer. I wonder what he is up to, nowadays.
Jan 29th futures expire... will this be a new LOW? Possibly 7-8K this time?
I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
from where can you get this speculation.? I'm not really sure of your speculation, but it's good to see what happens with what you predict, because it's important to accept some speculation as a reflection for investment success.I recommend watching Jan 27-29 prices VERY CLOSELY!
If it dips, you'll know 100% there's still price manipulation amongst the bears. Furthermore, if it does dip, that will be the time to buy into it again as it will probably have a 20% rally on Jan 30.
These are just my thoughts and speculations.
thank you
I thought next futures contract will be expired on January 26th, is it 29th?
Another discount day, I'm ready to deposit fiat currency and buy some more bitcoin and altcoins.
It's inevitable due to the current market condition which constantly on correction and bitcoin price seems in a bloodbath.
Even the price has started to decline at the moment, this trend will continue at least until February.
Another discount day, I'm ready to deposit fiat currency and buy some more bitcoin and altcoins.
It's inevitable due to the current market condition which constantly on correction and bitcoin price seems in a bloodbath.
Even the price has started to decline at the moment, this trend will continue at least until February.
Oops.
While you're wrong, so was I.
The CME futures, BTC, expire Jan 26, the LAST Friday of the trading month. This is the one I'm talking about.
The first CBOE contract did expire on the third Friday, but this one is set for next week - the 26th.
Yes this one will expire on 26 Jan - It's January 26 https://www.investopedia.com/news/first-bitcoin-futures-contract-expired-10900/While you're wrong, so was I.
The CME futures, BTC, expire Jan 26, the LAST Friday of the trading month. This is the one I'm talking about.
The first CBOE contract did expire on the third Friday, but this one is set for next week - the 26th.
the futures dont affect us especially with the tiny volume there. Last time I checked it was like 100.
Huge or tiny volume everyone is affected as the price will move due to this. Jump to: