What do you think the CME will result in, in regards to price, in the short term after launch? Will smart money try to push down prices with heavy short positions, or vice verca? What is your opinion?
I think, smart money entering with leverage will make the volatility of BTC even higher than today.
We might see things like 40% correction within one day easily which recovers next day - a little bit like flash crash for example.
This is beacuse these hedge funds manage a huge amount of money on leverage and they all pretty much watch similar set of signals.