Post
Topic
Board Speculation
Re: How Will Bitcoin Futures affect Bitcoin and Altcoin Prices?
by
oblivi
on 20/12/2017, 00:22:49 UTC
Now that we've had CBOE for a week and CME for a couple of days it's safer to make a conclusion, and it's clear that futures haven't had a clear impact on the price. The current dip is just normal behaviour of the Bitcoin price which tends to dip during price discovery after an all time high and re-test previous resistance points. I haven't seen an stampede of bulls shorting at all.