Quote from: seradj0 on August 31, 2019, 09:13:51 PM

Hey there,

I guess every one hear about Bakkt launch
it will launch two physically delivered bitcoin futures contracts (daily and monthly futures)
what impact can we expect from this !!!?? bullish or bearish Huh

It's hard to see the launch being a bearish catalyst. After all, it's a new platform that allows for institutional investment......how could that be perceived by the market as bearish? Plus, the launch will be around the 3-month mark since this bearish correction began. By then, I believe time will be running out for this downtrend.

Bakkt seems really confident they are launching for real this time. So given the timing, it could act as a bullish catalyst. It's probably either that or a total nothingburger.