From my last analysis, I thought the 4 months up and down cycle will continue and BTC price will going up to test 9000$ by June 2018... But I was totally wrong!
But now I get it!
It's easier to suppress the BTC price down because there are few players in the market right now. So the last time CME future was settle, BTC price was around 7700.
But since they suppress the price to reach 5800-6000... they can get fat profit around 25% ( 7700 -> 5800 )
So... What will be the BTC price for next CME settlement? If they mark -25% down, the price will be around 4500-5000 by August 2018.
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