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RE: It's Official: CME confirms that Bitcoin Futures will launch Monday December 11th
I am honestly hinking there could be a pullback shortly after a big rise in the price after the futures market opens. Hedge funds and institutional investors aren't dumb. They will know they can get a better price by shorting the market. I would think they would want to get a better price and then start the big buying. Something I'm going to keep an eye on at least.
That's a good view to have IMO. Be careful out there!
Always have to be on the lookout, that's for sure. I'll be ready with a plan for both outcomes. Money to be made in up and down markets.