CME (Chicago Mercantile Exchange) intends to introduce Bitcoin futures. If it turns out, then there will be a bridge between "good" money and crypto-currencies. Whether the bridge will be flimsy or turn into a full-fledged gateway is difficult to say. But it will be very interesting to see how it all goes. Bitcoin expectedly is going higher.
CME Group will launch Bitcoin futures, based on the CME CF Bitcoin Reference Rate (BRR), in Q4 2017, building off of the success of the BRR and demand for a regulated trading venue for the digital asset market.
See the Press Release.
Bitcoin is testing the resistance line. If Bitcoin overcome it up, we can see 7000. While bitcoin above 6000 I keep aggressive longs.
I wish you a huge profit,
your @nutcracker.
Disclaimer: This post is my personal opinion, do your own research before making any investment decisions. If you make any trades after reading this post, it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
I would like to see it at 7k. By the way, very interesting analysis to read.
Thanks. I will do it on a daily basis.