Post
Topic
Board Trading Discussion
Re: Long awaited Bitcoin correction(+)
by
xelaxin
on 13/12/2017, 23:50:55 UTC
Nope I tend to agree with the analysis you put forth in your first post and I too think there will be a similar correction. I thought however it would already have begun by now but I think perhaps it is waiting on the CME launch of futures which I believe is the bigger set. Will be interesting to see what happens after Dec 18th I know I am ready for either direction.

Yes, of course CME is the bigger set, but, actually futures of the BTC is started, and my opinion is that is a big trigger for the correction to start. Couse future-traders is not very interested in the BTC 100'000USD next year, they try to achieve profit in a short run, so shorting futures of BTC is very logical for them, after so big bullish trend, and for others is a good time to enter BTC at low prices, so almost everybody likes the idea of correction