Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached...
This spike in CME June BTC futures seems consistent with the previous idea that these are ideal accumulation levels.
There is a very basic reason why bitcoin wont go down to 7500k. That is volume. least we forget what makes bitcoin so popular is its essential scarcity in supply. To date there is just 16.846 million bitcoins in circulations and almost 40% of those belong to 1000 people, commonly known as whales. Now these whales have been around for a long time, and in that...
Quick short term update on the CME BTC1! (Futures) market. We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume. Support for Bitcoin is still at $9k to $10k on the shorter term and...
I’ve drawn on this chart to show you the big fall from the initial listing of the first CBOE futures contract for Bitcoin (XBT/F8) until it’s expiry date (yesterday). From $17,285 on 11 Dec (first full day of trading) all the way down to the contract’s settlement at $11,055 yesterday (a fall of 36%). In the days following Dec 11 Bitcoin recorded an all-time high...
Smart investors boughthe dip. Did you? After they went short and made good money after the rally was exhausted, but now they are getting in on the long side.
Following a bullish 2017, we have a POTENTIAL correction setting up in 2018. Whilst Bitcoin long-term is bullish we need to be aware that a breaking of the Head & shoulders Neckline may precipitate a severe sell-off. To play this we look at both sides of the coin: LONGS: Needs to convincingly stay above the Resistance Levels SHORTS: Breaks the neckline of the...
Bitcoin Futures had a huge positive correlation for its entry point and now the correlation seems negative. This is due to an after entry crash. Also people, aren't sure about this adaptation of $BTC. However, given the recent correlations in prices, there will be some small demand for Bitcoin Futures and it is expected to go up in value the next few weeks....
Currently holding on the 100 MA on the 240 min. chart, possible right ear sidewinder setting up. Stoch RSI turning up off the bottom, MACD getting ready to cross and SQZMOM trending up. Given confirmation of those indicators, if the sidewinder plays out we will see 25K+ BTC by Dec 31. Shorts beware.
The crypto currency boom opened a new chapter on Monday with the start of trading bitcoin futures on the CBOE Chicago Stock Exchange. The price for a contract with the delivery in January started from $15.460, but soon it soared to almost $ 19,000. The volume of contracts almost reached 3000 at the time of writing the article. The pricing of futures proved to be...
Bitcoin futures are now available for trading under the ticker symbol "XBT" on the CBOE Futures Exchange, LLC (CFE). The Bitcoin value rose on the opening of CBOE’s futures markets and the trading volume immediately spiked at precisely 23:00 UTC when the futures trading opened. At the time of writing the Bitcoin price is trading at $16,730, representing a gain of...
Keep selling short! Massive amounts in real-time, don't worry everyone is making a damn fortune except those who claim to know the future - the oracle of wall street - it's buffett lunch time
As everyone is jumping on the BTC bandwagon now and will be through 2018, I'm beginning to work full-time to understand the best ways we can make the most out of this epidemic. One part of this is the TA & FA discussion and so here is my first post! In the 30min view, it seems we have created two tops on 02/12 at 01:00 and 09:00 indicating we have a rising...
Trend predictions based on current market conditions as of November 29th. Using a logarithmic y-axis scale. Strong growth channel #2 (light green parallel channel) indicates that the price of bitcoin will be in the range of 12,600–15,500 USD by December 10th–11th right around the time of adoption into bitcoin futures trading on the CME. The average price of that...
You can feel it in the air! The delusion is magnificent, the hope is higher than ever. Nothing can go wrong right? It cant crash, BTC will take over the world! It's a new paradigm! Only upwards from here, we have exceeded all expectations and the chart screams UP UP and UP!! If you don't want to lose your shirt, this is the time to stay calm. This is where you...