BitcoinLong
Unlikely but Fascinating possibility for BTC in Dec 2017
Two dates in December of relevance.
Dec 10/11 = CBOE Futures Launch
Dec 18/19 = CME Future Launch
Let's say in the first round, all of the wall street boys try to bring the price down.
Their attempt to ''crash'' btc ends in only a prolonged .382 retrace over a week of fighting the Beast.
The CME futures launch, and the big boys capitulate to the KING, and go long instead.
I really have NO idea what will happen, but the above scenario would launch BTC to 100k by end of 2018.
Dec 10/11 = CBOE Futures Launch
Dec 18/19 = CME Future Launch
Let's say in the first round, all of the wall street boys try to bring the price down.
Their attempt to ''crash'' btc ends in only a prolonged .382 retrace over a week of fighting the Beast.
The CME futures launch, and the big boys capitulate to the KING, and go long instead.
I really have NO idea what will happen, but the above scenario would launch BTC to 100k by end of 2018.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.