Webinar: Bitcoin's Record High Ahead of Futures Listing
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.
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--- Written by Nick Cawley, Analyst
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DailyFX provides forex news and technical analysis on the trends that influence the global currency markets.