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RE: Large banks and financial institutions are moving into Bitcoin!
What is your take on futures launch on December which will enable shorting BTC?
What is your take on futures launch on December which will enable shorting BTC?
I think it's hard to predict what kind of an impact the futures trading will have on Bitcoin but I think it will be a positive one. I'd direct you to the following articles about the subject for deeper insight: www.investopedia.com/news/could-bitcoin-futures-help-limit-volatility & www.quora.com/How-will-the-launch-of-Bitcoin-Futures-CME-affect-the-price-of-Bitcoin-in-2017
Do be wary of a correction in Bitcoin around these levels.
I did cashout at 9500. I wonder how big and if it will look as a mistake in a week