I just wanted to know if anyone has theories about the impact of having bitcoin futures. Although there seems to be not many people shorting hehe
You can see that bitcoin prices are recovering extremely strongly over the past few days. Markets of countries around the world are increasingly open for bitcoin. There are a lot of countries that agree and let the traffic circulate legally. So I think the bitcoin price will quickly recover to the $ 20000 mark and may reach the $ 10,000 mark by the end of this year.
The development of bitcoin greatly affects the entire cryptocurrency market because most other altcoins are priced in bitcoin. The value of bitcoin is also a measure to reflect the interest of investors in this market. I believe that bitcoin will have an extremely futuristic future as it is the symbol of the cryptocurrency market.