Downloading...
Download

Bitcoinfutures

If Bitcoin Breaks on upside, Here is where its gonna stopBTC is trying to Break on the upside with SHORT Term indicators flattening out and selling pressure is easing. We are not out of the woods yet, but a SHORT Covering Relief Rally is on the cards if BTC Breaks & close above 7000 in 2 H1 candles. On the upside we have significant resistance around 7214-7315 Area in the form on 20 DMA, We may test 20 DMA area only to pullback to sub 7000 Levels & playing 6900-7200/7300 Range before staging an attempt to 7515-7650 which is where is should stop for couple of days before staging a pullback to 7000 Area (We will update pullback levels once we get there). DYOR, we may take a High Risk Counter Trend BUY Trade around 6900-6950 Area if we pullback there (Extreme High Risk, if 6889 doesnt hold than we may go all the way back to 6450 & beyond on bottom, so DYOR)
COINBASE:BTCUSD
by TradingRoomApp
4
Bitcoin Must SEEWhile BTC continues to be weaker against broad indicators, it did something in last few sessions which indicates, unless we breakdown sooner below 6450, we potentially may have a SHORT Term Bottom in place. And if so the SHORT Term Channel May Look Something like this. Odds are against BTC Bounce but the potential Channel Breakout on the topside tells there is a story that cant be undermined. We wont be buying until confirmed Daily break above 7100. Saw something so thought to share. 7450-7700 continues to be tough area to crack.
COINBASE:BTCUSD
by TradingRoomApp
Bitcoin where next if 6515 is broken ?Bitcoin is holding 50 Weekly MA & Long Term Trendline. For now its hanging on thread & its just a matter of time before bulls give up. 6515 last Major significant support. 6000 Wont hold as Double bottom for long. It may offer a minor Support & small bounce only to give up the gains later. 4500 Area is first support followed by 3400 Area. If we flash crash to 3400, expect an instant Price Reversal to target 6800 Area over few days. On the TopSide 7000-7100 Trendline is the biggest Resistance for now. only if we close above 7250, the downside pressure will ease. Those who are assuming 6000 Double Bottom will hold are doing themselves a big disservice by ignoring over all trend.
BITFINEX:BTCUSDShort
by TradingRoomApp
1
Bitcoin - The YUGE bubble Some people believe that BTC is overvalued and some believe it's undervalued. The one who considers Bitcoin is overvalued is referring Bitcoin as a bubble but still want to buy it, whereas the one who considers Bitcoin is undervalued because it still has not reached the point of global adoption are the one who speculates the market. Whereas BTC chart is no different than others and every chart is different on each exchange. Honestly, only a strong person with patience can gain "Yuge" profit in the market basically from rumors and news. Obviously, it's all speculation before the market adoption. For cryptocurrency, Twitter is working as the primary source of information while 90% investor really doesn't understand blockchain and probably 30%-50% more or less never invested in stock market. Hopeless romantic : Myth: Macafee will make you rich or otherwise he will cut his crap? Really? Fact: There's no source of legit information, one Tweet from Macafee wouldn't make you rich. Technologically novice : Myth: Ethereum is better than Bitcoin? Fact: UTXO are the currency while Ethereum is a smart contract, both have a different purpose. Blame game : Myth: Futures are manipulating the market. Fact: They are hedging but still BTC contracts not worth more than just the Oil contracts. "That's how the market works" Accept it. The bubble is everywhere, we can't say BTC is in the bubble or cryptocurrency is the bubble. The Blockchain is promising technology but still need to prove itself. For now, let's play the " YUGE" speculation before we get the final product for the generation "Z". J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission (CFTC) remarked, “It strikes me that we owe it to this generation to respect their enthusiasm about virtual currencies with a thoughtful and balanced response, not a dismissive one.” He did urge, however, that regulators “must crack down hard on those who try to abuse enthusiasm with fraud and manipulation.”
B
by fk91
CBOE MANIPULATION UPDATEA few weeks ago i talked about the decline of Bitcoin since the start of the XBTUSD trading on CBOE (see profile) and wondered if market manipulation had any correlation to the expiry of those contracts. From the beginning of trading these contracts on Dec 11th 2017 until the expiry of the second contract on Feb 14th 2018 Bitcoin saw a fall of 47%. Does anybody have any indicators that support a bullish stance on Bitcoin for the next month? Or the opposite? Personally I feel like Bitcoin has bottomed. Also we are about 27% up since the expiry of XBT/G8.
BITFINEX:BTCUSD
by cryptoghandi
Bitcoin Futures - Volume Analysis Prediction 2/16/2018Hi, friend. This is Bitcoin Futures (CME contract) analysis. I think we must to analyze it, because this instrument plays an important role of bitcoin priceformation on other exchanges. Also, the volumes on the Bitcoin Future is constantly growing and more institutional investors are entering the market. What we see now on BTC Futures? The price has reached important resistance levels - P O C of January contract and the lower level of previous balance (consolidation). If the price breaks out level 10250 and holds above next target will be 11150. On cryptoexchanges it would 11200. But I would rather wait for a rollback to the upper balance level 9100 or support zone (8700-9100). These levels are much better for opening buy positions. Trade recommendation (appropriate for cryptoexhanges): Entry point: 8700-9100 Stop: 8200 Target: 11150 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
CME:BTCG2018Long
by mooncatcherpro
The Fundamental Reason why bitcoin wont go down 7500There is a very basic reason why bitcoin wont go down to 7500k. That is volume. least we forget what makes bitcoin so popular is its essential scarcity in supply. To date there is just 16.846 million bitcoins in circulations and almost 40% of those belong to 1000 people, commonly known as whales. Now these whales have been around for a long time, and in that time, bitcoin has faced countless threats of annihilation but it still stands today. So if someone didnt cash out when bitcoin hit 20k there is no way they would cash out when it hits 8k. These guys are here to stay. Now that leaves us with 60% or roughly 10.1 million in the hands of the common investors. The investors who run for the hills with the first sight of despair and sell like its black friday! Now most of them jumped on the bitcoin wagon in late November and early December, that is when prices started going sky high and ever since they have been jittery at best. Social media and FUD swings their moods like a teenager on her periods, and flicky fingers are always ready to run at the first shout of regulation and taxes. Now, the good news is most of them have been swung out of the whole crypto sphere in the last month of crypto bloodbath, and if you look at the trading volumes, that 10.1 million bitcoin has already been traded away. Another aspects to remember is Bitcoin futures have already come in to play, which significantly legitimates its position, and this is something which is extremely difficult to do, on exchanges like CBOE and CME where some of the biggest investors in the world trade. It is also equally difficult to remove an item from the exchanges once its been implemented, especially one which is a cash cow like bitcoin. So rest assured and trade happy because Bitcoin by enlarge is here to stay, even if all the other coins burn up in smokes.
BITFINEX:BTCUSD
by swordalchemist
The BTC1! Futures look short!Quick short term update on the CME BTC1! (Futures) market. We can see a magnificent cup and handle being painted, except it is upside down, also deadly is the h&s hidden within this cup. This gives us a high probability that the market will turn south should the market continue on this volume. Support for Bitcoin is still at $9k to $10k on the shorter term and we can expect quite a lot of volatility should prices drop below $9k. Weis should be announcing their crypto ratings in a few hours from now, lets be patient and wait for the market to show us the way. Feel free to come chat to the market Wizards for free .
CME:BTC1!
by saintbitcoin
Institutional Bitcoin price manipulation CBOE futures I’ve drawn on this chart to show you the big fall from the initial listing of the first CBOE futures contract for Bitcoin (XBT/F8) until it’s expiry date (yesterday). From $17,285 on 11 Dec (first full day of trading) all the way down to the contract’s settlement at $11,055 yesterday (a fall of 36%). In the days following Dec 11 Bitcoin recorded an all-time high before beginning said fall. Also, note trend line prior to Dec 11 showing a 4-week rally which saw Bitcoin rise from around $5600. Is it possible that institutional investors pumped Bitcoin the month prior to listing the first futures contract, and for the few days immediately after which saw Bitcoin hit an all time high? Such a sustained rally with such amazing gains for all entices lots and lots of new investors and it is my estimation that more went long than short on those futures contracts. Is it a possible that following this many tactical sell-offs/dumps from said institutional investors resulted in the 36% fall and subsequently a WIN FOR CBOE? In my opinion, YES YES YES! Institutional money and power is endless! The wall I have arrived at, however, is what comes next. Is the price the lowest they can drive it? And so, will the expiry of the XBT/G8 contract on Feb 14 see those who go long winners? Or in terms outside of the contract, those who buy actual Bitcoin now and hold until contract expiry? …Or is it nothing to do with the futures contracts at all?
BITSTAMP:BTCUSD
by cryptoghandi
$BTC Futures Short BurstBitcoin Futures had a huge positive correlation for its entry point and now the correlation seems negative. This is due to an after entry crash. Also people, aren't sure about this adaptation of $BTC. However, given the recent correlations in prices, there will be some small demand for Bitcoin Futures and it is expected to go up in value the next few weeks. Bitcoin in itself is more investible in general, especially given that you own the crypto you are holding instead of doing bets on prices. However, internationally $BTC Futures will go slightly up in value for a short time period.
CME:BTC1!Short
by gamer456148
BTC futures open path to Big ShortThe crypto currency boom opened a new chapter on Monday with the start of trading bitcoin futures on the CBOE Chicago Stock Exchange. The price for a contract with the delivery in January started from $15.460, but soon it soared to almost $ 19,000. The volume of contracts almost reached 3000 at the time of writing the article. The pricing of futures proved to be too erratic and arbitrage-rich. CBOE data show that with the increase in time of settlement, the settlement price first grows to $ 18,000, and then falls to $16,400, while the futures price remains virtually unchanged for the February and March contracts. In fact, the market expects a pullback of the price from about 20,000 to $ 16,000 in January-February, before bitcoin may start to rally again. According to the data it is clear that the premium for the 3-month contract in March reached $ 2,670. In essence, this means that an investor can borrow money, buy a crypto currency, sell a three-month futures at $19,100 and take profit of $ 2,670 now, repay the loan in three months. However, the availability of arbitrage opportunities is likely due to low liquidity on the stock exchange. Since the launch of the auction, only 50 of 3-month contracts have been made, and the premium will likely decline in the future. Large US banks, such as JPMorgan Chase & Co and Citigroup Inc. are yet to decide on the approval of transactions related to bitcoin futures. This is explained by the fact that the status of the cryptocurrency is not clear, the demand of institutional investors is small, and the impact on reputation in the event that the bubble bursts can be very unpleasant. However, Goldman Sachs Group Inc. said that it will allow customers to conduct such transactions, but each case will be considered individually. Despite the launch of futures trading, Central Bank executives continue to criticize cryptos. The head of the New Zealand Central Bank said on Sunday that bitcoin is a classic bubble, and it is impossible to predict the time of its life. Nevertheless, the regulators' concern is probably connected not with threats of financial stability, but with the reputation of the Central Bank as a supervisory authority that must protect unqualified investors from risky investments. Moreover already 40% of the volume of all bitcoins are only in 1000 hands, so while they are interested in the growth and maintenance of the stability of the crypto currency, a strong collapse is unlikely. Tightening cycle This week, decisions on monetary policy should be taken by Central Banks of the four leading economies of the world - the ECB, the Fed, the Bank of England and the Swiss Central Bank. Hints in policy tightening suggests that regulators saw signs of a comprehensive rally in the global economy which should be smoothed out with the hikes in the borrowing costs. The dollar is trading with minor loss, the largest losses from the major currency pairs are carried by GBPUSD, continuing the steep decline started on Friday. Bounced from the 1.35 level last week, the pair declined to 1.3350, as a discord surfaced again in the negotiations between Brussels and London on the divorce deal. Nevertheless, the downward movement could be dictated by the need to fix profits and the news on progress in talks will allow the pair to resume the offensive again. Arthur Idiatulin
BITSTAMP:BTCUSDLong
by Tickmill
BTC targeting $18.000 again.Bitcoin futures are now available for trading under the ticker symbol "XBT" on the CBOE Futures Exchange, LLC (CFE). The Bitcoin value rose on the opening of CBOE’s futures markets and the trading volume immediately spiked at precisely 23:00 UTC when the futures trading opened. At the time of writing the Bitcoin price is trading at $16,730, representing a gain of more than 20% in the last 24 hours. CBOE launched three futures contracts, with the settlement price being bitcoin’s trading price on January 1st, February 1st and March 1st, respectably. January is trading at $17.700 with 2.700 contracts traded, while the February and March contracts are traded on level $19.100, but with only a fee contracts exchanged hands. The massive amount of orders caused the CBOE website to perform slower than usual, unable to handle the massive amount of traffic. Futures would probably help stabilize the price of Bitcoin, as well as bring closer to adoption by Wall Street. We may even see approval for future products like a bitcoin ETF. For now spot is trading lower then JAN futures, if we knew divergence would occur, the play would be to buy actual and sell futures short. BTC its trading closer to previous high at $18.100 across major exchanges this is an important mark to watch.
COINBASE:BTCUSD
by Tilen_tradershub
BTC - Short-Term Double Top? As everyone is jumping on the BTC bandwagon now and will be through 2018, I'm beginning to work full-time to understand the best ways we can make the most out of this epidemic. One part of this is the TA & FA discussion and so here is my first post! In the 30min view, it seems we have created two tops on 02/12 at 01:00 and 09:00 indicating we have a rising wedge (bearish pattern!). After the sell-off which started on 29/11 this indicates there is some pressure on the BTC price after a bull run with such high velocity. This could be forming a double top here before falling further. On the other hand, there is a continued demand increase for BTC from new investors (Coinbase are breaking even more records for daily registered users!) and also Bicoin Futures have just been announced to open on 16/12. The demand is so crazy and the exposure that it's getting is crazy. A lot of people are asking me at work about BTC and how to invest and that's when you know this is becoming general knowledge! Personally, I think the increase in demand is going to support the price. The reversal on 30/12 seems to be because of the high demand and Bitcoin Futures and I'm expecting this to carry BTC past the resistance at $11,300 and continue the bull trend. So here's my plan. If it does break resistance, I will be adding to my position and aiming for the 1.618 Fib and then planning the next move. If it doesn't break, then I will be aiming for 0.5-0.382 Fib to buy more as I believe the demand will support the BTC price and we may enter a short term consolidation phase. Thanks for reading! Please comment with your thoughts and feedback!
by JoshThomas04