Post
Topic
Board Speculation
Re: Bitcoin can`t be tamed by futures trading ~ Price went up 10% in minutes
by
RyNinDaCleM
on 12/12/2017, 16:22:29 UTC
I'm pretty sure that $700 spike was due to futures opening and spiking up to 18k while stamp was at 15k. Then someone who apparently thinks Bitcoin might follow decided to buy it up in a single 5 minute candle. Manipulation aside, There is no reason the futures market should pull Bitcoin to it in either direction.