CME BTC FUTURES contracts are hedged SHORT 2:1 only for today. The market may have a candle wick resistance level of roughly $5,400.
GOOD: Then the next 8 Business days, Contracts are LONG. We should have a nice Bull Run through the 4th of July Holiday.
Then, abruptly, The Futures Market will then go SHORT!
BAD: That weekend will be the start to a week long Bear Run.
It will have very short, intermittent rises, but continue to fall from July 7th - 16th.
Information on CME BTC Futures can be found at: cmegroup.com/education/bitcoin/futures-liquidity-report.html
THIS IS NOT INVESTMENT ADVICE, THIS IS ONLY MY OPINION.
-ADUMB-
GOOD: Then the next 8 Business days, Contracts are LONG. We should have a nice Bull Run through the 4th of July Holiday.
Then, abruptly, The Futures Market will then go SHORT!
BAD: That weekend will be the start to a week long Bear Run.
It will have very short, intermittent rises, but continue to fall from July 7th - 16th.
Information on CME BTC Futures can be found at: cmegroup.com/education/bitcoin/futures-liquidity-report.html
THIS IS NOT INVESTMENT ADVICE, THIS IS ONLY MY OPINION.
-ADUMB-
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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.
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.