It is very likely that many do not like what I am going to say, but to be honest, I do not believe in Elliot waves applied in cryptos. Yes, when I applied it in stocks, indices and other types of assets, especially taking very long time frames, that's where they worked almost perfectly.
If wave 5 is finished, if we are in the correction of ABC. That the price goes to 1500 was said a few months ago. I'm going to make it simple
Target Usd 27.600.-
FA
CME Group, the world's second-largest options exchange behind Cboe -0.46% with a market cap of $ 51.4 billion, has officially listed bitcoin -0.16% futures contracts on its trading platform earlier today, on December 18
Bitcoin -0.16% Reference Rate (BRR) on the CME bitcoin -0.16% futures exchange, which aggregates the trade of major bitcoin -0.16% spot exchanges during a specific calculation window at a once-a-day rate rate of the U.S. dollar price of bitcoin -0.16%, is at $ 19,448. That's a $ 500 premium on the global average bitcoin -0.16% price at $ 18,924.
However, the bitcoin -0.16% futures market is crucial for the mid to long-term growth trend of bitcoin -0.16% because it opens the bitcoin -0.16% market to a group of investors that previously could not access the global bitcoin -0.16% exchange market. Institutional investors, retail traders, hedge funds, and investment banks are now able to invest in bitcoin -0.16% through bitcoin -0.16% futures .
“Over 100 hedge funds have been created in the past year exclusively to trade digital currency. An even greater number of traditional institutional investors are starting to look at trading digital assets (including family offices, sovereign wealth funds, traditional hedge funds, and more). By some estimates there is 110B of institutional money waiting on the sidelines to invest in digital currency today,” said Coinbase CEO 0.32% Brian Armstrong.
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