Post
Topic
Board Speculation
Re: Bitcoin period of volatility is over?
by
NeuroticFish
on 15/12/2017, 07:04:33 UTC
I'm looking at Bitcoin charts for the past few days and it looks like a straight flat line. I'm not sure whether to feel happy or sad about this but could this possibly be related to the fact that we now have bitcoin futures? Does this mean bitcoin volatility will be less?

The effect of the Bitcoin Futures is still very small. The volatility will decrease over time, but the party is not over yet.
Right now there may be a good mix between the others that think it's time to cash in and the others thinking that it's still a good time to invest, especially because of the news about the futures.
There's a good chance that "any moment now" to have a big correction or a jump to 20-22k. And there's a good chance to have a flat line for months (although I don't really believe that).