#GBTC Marks Above 1000k as of Nov 25, 2017

While #BITCOIN pauses for a breather between 8354 and 8000 levels #ETHUSD and #BCHUSD are trailing in the same manner and direction with the classic leader.

As mentioned, that a 'TUG of WAR' has emerged from the surging crypto currency market that have taken notice on Wall Street big wigs. Especially so when the soon to open Bitcoin futures takes into center stage led by the #CME. Its going to be a sight to see who among these players on Wall street shines in the opening bell. While the community may just be on the initial sideline with a wait / see attitude. 

May not have gotten the full run on the classic but sure enough the GBTC has managed to outperform our earlier expectation of an exceptional market rally just well within one year.


Price Update: GBTC Above 1200 as of Nov 28, 2017

Reference info: GBTC  market & trade position

'FORKING WALTZ' between BITCOIN & BITCASH

#BCHUSD Benefits As #BTCUSD Drifts on Profit-taking & Alternative Moves

TUG of WAR has just started a DIVERGENT TREND DIRECTION 

The weekend proves to be a 'Forking Waltz' between #BitCoin and #BitCash price divergence in today's price action. The relative decline of Bitcoin below the USD7000 after making a quick stop at 7888 would seem to be the initial trade reaction from the surge of BitCash in the USD1350.00 as of today.

Increasing Volumes on New Trade Entry

The probability of the some traders switching into BitCash is just a fraction of Bitcoins prices, but trading above the USD1000 mark in a relatively rapid pace can still be attributed to the kind of market behavior of spot BTCUSD into the equivalent market. Although, we are anxious enough for the upcoming Bitcoin ETF that would be launch by Power-Shares and BITCOIN Futures by the CME - Chicago Mercantile Exchange and the CBOE - Chicago Board Options Exchange. 

The similarity can still progress into the same volatility at  first but will tame into a better trading scope as the new market would grow  steadily on its own sooner than everyone would expect. And in spite of the fact that some sees the community being divided into their own financial choices. But the way we view this industry would be in a manner of preference on how this should best serve the investor's interest other than the financial objectives set by companies and institutions that makes up the entire industry as a whole.   

   Diminishing Volumes on Profit-taking activity