After CME's launch date on DEC.18 it has been quite a significant down hill pressure as evidence reflects in today's prices for #BITCOIN and its relative peers now trading below the 10k mark. Indeed, this is the way how #CME pulls its muscle and tame the roar of the rally.
Market Watch Reference:
Of course, it was easier said after the fact, but knowing how these institutional players takes action the level of difficulty against the CME traders is definitely in a scale of 10. We can now say that our 1st year anniversary gift was a welcome treat last Dec 16, 2016 on GBTC entry (published on Dec 27, 2016 Market call) -to- Dec 16, 2017 Settlement date followed the plan has now been VALIDATED.
It does take a month after to be able to do so.
As a new low for the 1st of January have been made for now.
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