I think that it is possible at all, they are going to start trading on futures but not in december, FAIK the futures of bitcoin are going to start being tradeable once that 2017 is over, so it means that in january it is going to be ready.
But i think that we are going to be on $8k before all this thing from the cme, maybe we are going to see that price much more time before december. It is just matter of time until we see all this dump over for bitcoin, so i think that we are going to recover to $8k soon.
Topic: Will Bitcoin hit $8k in December due to CME - page 4. (Read 1525 times)
I can't comment on the price it is going to score, but one thing is sure that, the market is going to see a very positive impact if CME finally rolls out the product. The recent pump and dump scenario created by the criminal trio is going to be doomed because they will need billion dollars to manipulate the bitcoin price. CME is a cash rich corporation so it will not be easy for anyone to play with the bitcoin price afterwards.
Any guesses as to whether BTC can make another run during the 2nd week of December when CME is slated to go 'live' with the futures trading?
Seems like they've firmed the date up:
https://www.cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/
Hopefully BTC will start another nice run and get out of the doldrums created by Ver and his gang.
The possibilities are lesser right now because the crypto market is facing an upward trend for bitcoin cash and a few more altcoins whereas there is comparatively low demand for bitcoin. But you can't say every time on what can happen,maybe bitcoin will hit the 8k dollar mark and even hit 10,000$ before 2018. As you must have already seen or heard stock market people aren't much a fan of bitcoin and they wont let bitcoin to rise much under their supervision and there is a great contingency of bitcoin's potential to be dumped in a grave yard. Seems like they've firmed the date up:
https://www.cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/
Hopefully BTC will start another nice run and get out of the doldrums created by Ver and his gang.
I'm sure it will increase the price but it will also add to volatility. We have to remember that futures investors have a lot of money to flood in but they will quickly withdraw if there are any rumors or the profitability is too low, so we can have an ATH followed by a crash. You just never know with these things.
Any guesses as to whether BTC can make another run during the 2nd week of December when CME is slated to go 'live' with the futures trading?
Seems like they've firmed the date up:
https://www.cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/
Hopefully BTC will start another nice run and get out of the doldrums created by Ver and his gang.
Seems like they've firmed the date up:
https://www.cryptocoinsnews.com/not-going-to-let-it-go-to-zero-cme-chief-downplays-fears-ahead-of-december-bitcoin-futures-launch/
Hopefully BTC will start another nice run and get out of the doldrums created by Ver and his gang.
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