BITCOIN UPDATE
SEE MY PRIOR CHART
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN, FOR HIRE
BTC ABOVE GANN 1/1
AT 38% RETRACEMENT ZONE
50% IS 10K RETRACEMENT
LONG GREEN CANDLE COULD BE JUST A SHADOW WHEN ALL IS SAID AND DONE
JAN 17:
"According to data from CNBC, the F8 contract settled at a price of $11,055, a notable development considering that, at one point today, the price of bitcoin slid to as low as $9,199.59, according to CoinDesk's Bitcoin Price Index.
Yet in the period of time after the F8 contract settled, bitcoin's price appears to be reversing the trend it has seen in the past two days. At press time, the BPI is reporting a price of $11,344.66 – a figure that is just several dollars above the day's open.
Cboe data suggests that the market for its G8 contract (set to expire on 2/14) is trading slightly below the market, with the firm's official website reporting a price of $11,220.00.
As for what the future will bring for Cboe's..."
NOT SURE WHEN CME FUTURES EXPIRE
The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.
DANIEL BRUNO, CHARTERED MARKET TECHNICIAN, FOR HIRE
BTC ABOVE GANN 1/1
AT 38% RETRACEMENT ZONE
50% IS 10K RETRACEMENT
LONG GREEN CANDLE COULD BE JUST A SHADOW WHEN ALL IS SAID AND DONE
JAN 17:
"According to data from CNBC, the F8 contract settled at a price of $11,055, a notable development considering that, at one point today, the price of bitcoin slid to as low as $9,199.59, according to CoinDesk's Bitcoin Price Index.
Yet in the period of time after the F8 contract settled, bitcoin's price appears to be reversing the trend it has seen in the past two days. At press time, the BPI is reporting a price of $11,344.66 – a figure that is just several dollars above the day's open.
Cboe data suggests that the market for its G8 contract (set to expire on 2/14) is trading slightly below the market, with the firm's official website reporting a price of $11,220.00.
As for what the future will bring for Cboe's..."
NOT SURE WHEN CME FUTURES EXPIRE
The Cboe Bitcoin Futures Contract will use the ticker XBT and will equal one bitcoin.
The CME Bitcoin Futures Contract will use the ticker BTC and will equal five bitcoins.
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