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Webinar: Bitcoin's Record High Ahead of Futures Listing

Webinar: Bitcoin's Record High Ahead of Futures Listing

Nick Cawley, Strategist

In this webinar we looked back at another hectic week for Bitcoin traders with the token moving up and down by 20%. Ahead, Bitcoin will be listed on the CBOE on December 10 and listed on the CME one week later. And if it is pure volatility you want, altcoin IOTA has recorded a 1400%+ rise in the last month.

Topics covered at today’s webinar include –

  • Bitcoin futures, to be traded on both the CBOE and the CME will open up a new liquidity pool for investors, something that may attract aggressive short-sellers.
  • BTC fell then rose over $2,000 in a couple of trading sessions as bulls used the downtick to refresh long positions.
  • Alt-coin IOTA is jumping daily as investors eye the value of data on the Internet of Things. With the price up from $0.36 to over $5.00 in less than a month, buyers should be wary.
  • The Bitcoin ‘Bubble’ keeps getting press attention but while commentators keep calling for it to happen, it won’t. And for a disciplined trader it should hold no fear even if it does.

If you would like to see IG Client Sentiment on Bitcoin and other products, please click here.

If you missed this webinar and would like to know about future events, see the full DailyFX webinar schedule here.

--- Written by Nick Cawley, Analyst

To contact Nick, email him at nicholas.cawley@ig.com

Follow Nick on Twitter @nickcawley1

DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.

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