Good post. At the moment I understand the sell volumes are increasing as a result of the looming tax deadline and the futures expiration on the 18th April should also have an effect on sell volumes, if the previous price activity around expiration times is anything to go by. There has been market manipulation in relation to the futures and this was one the stated reason for the SECs previous refusal of the ETFs. As the ETFs will also enable traders to short the price of BTC, they won’t necessarily be a good thing for the investors, but they will be a good thing for traders. Institutional money will soon come flooding in to the market, but what will do to the market? Will the prices take off, or will they continue to move up and down?
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