Sunday, December 17, 2017

PRICE ACTION on CryptoCurrency

Speaks Louder than Words can Describe!


#BITCOIN market sentiments has spill over effects on #GBTC Investment Trust which has out performed even our best expectations well within our one year anniversary. However, those who intend to short futures may have to think more than twice going against the major trend for now. Needless to say the value speaks for itself and this goes the same way with #ETHUSD


CME debut have again boosted GBTC Trust Fund as a security under the Stock OTC category and led prices further, extending the move extremely well near the USD3500 with consistency in volumes. And we shall be carefully watching 'open interest' once a new report would be release for Bitcoin futures made available from the CFTC.  Chart Update: As of Dec 19, 2017 



ETHEREUM - ETHUSD as of Dec 17, 2017


4 comments:

  1. #Bitcoin #futures to get another big boost ... #CME #TDAmeritrade... who's Next in Line?

    Its all a matter of 'Big Business'. - As for MegaTrade101.com its a matter of #trading and #investment #strategy - For the Right Reasons. Where enhancing #VALUE #ASSETS #LIQUIDITY are the three (3) most important concerns that matters the most for our #investors & #TSOT International Club members.

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  2. GBTC Scaled from the breakout point, the range of price follow through and the probable objective where the price range would meet profit taking activity. After a round of diminishing liquidation / position adjustments on increasing volumes lifted prices on renewed confidence after CBOE launch Bitcoin Futures Trading.

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  3. Likewise, we like to welcome our new viewers from Iran and Peru. Hope you do find value in our shared insight and information. Thank you!

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  4. GBTC Investment Trust considered to be one of the 1st beneficiaries with CME and CBOE Futures Trading.

    Talking points in VALUE ASSETS, CME, CBOE initial moves have brought about legitimacy for the regulated exchanges and major market member / participants to HOLD, STORE, INVEST & TRADE through #BITCOIN #FUTURES.

    Thus providing the necessary requirements to manage more in an orderly fashion when the CME launched its operations. And other institutions are following suit by discussing other possible measures to strengthen what ahs already been started.

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