Post
Topic
Board Speculation
Re: CME contracts expire and the BITCOIN price..?
by
ktabb
on 25/01/2018, 11:36:51 UTC
I don't see these contracts affecting the price in anyway. Everyone was expecting a price increase when CME and CBOE decided to introduce futures trading and when it happened, the price wasn't affected. I wouldn't put much hopes on it.

^^This, plus the fact that the futures are cash settled. This means that when they expire, no actual bitcoin is transferred to/from anyone, and therefore, the contract expiration does not directly affect the price of bitcoin.