Post
Topic
Board Bitcoin Discussion
Re: Why BTC is rising the price?
by
bitcub
on 01/11/2017, 22:37:25 UTC
Bitcoin is acting so weird now, it doesnt follow its usual price chart pattern.  It should go down by now by the way.  I guess it is because many people are still holding bitcoin in hope of getting a BTG coin. After the fork it should go down.

Hey guys,
I saw BTC's price goes UP to the moon these days and I'm think about what causes it so.
My guess is that CME group announced it intends to launch bitcoin futures in the fourth quarter of 2017.
Everyone is seeing that BTC is a solid thing. What do you guys think about it?
Here is the notice: http://www.cmegroup.com/media-room/press-releases/2017/10/31/cme_group_announceslaunchofbitcoinfutures.html