I don't think so bro.. Futures are cash-only settlement so there is never a need to acquire BTC to settle the contracts. In addition to that, volume in Futures market is nowhere near enough to draw a correlation for manipulation
Great analysis man. Very interesting thoughts on the end of year sell off. Many people have been suggesting the opposite, predicting the market to close the year much higher from now, good to see an opposing view point.
For me I have pretty much wrote off the year and first half of 2019, I am not expecting any serious price appreciation. Would love to be wrong though!
The BTC futures markets are being used to manipulate the markets down for the Endowment funds to get in cheap.
I don't think so bro.. Futures are cash-only settlement so there is never a need to acquire BTC to settle the contracts. In addition to that, volume in Futures market is nowhere near enough to draw a correlation for manipulation
what do you mean?
Volumes are 10x to the amount of BTC in existence.
Sometimes even 100x
There is no Cash settlements, only electronic FUD
Please listen to Trace Mayer very beginning of the second half;
Video source/ Youtube Keiser Report
Great analysis man. Very interesting thoughts on the end of year sell off. Many people have been suggesting the opposite, predicting the market to close the year much higher from now, good to see an opposing view point.
For me I have pretty much wrote off the year and first half of 2019, I am not expecting any serious price appreciation. Would love to be wrong though!
Yeah I would love to be wrong too!! Lol
Amazing Article From You, It worth Reading Keep It Up @cryptoblood