BITCOIN RETURNS TO RISE: + 13% IN ONE DAY

From the highs of mid-December 2017, Bitcoin has recorded a decline that has lasted for some weeks.

The minimum peak was touched on December 22, 2017 when it dropped to $ 11,833 . Since then it has started a slow ascent that had brought it back around 14,000 in recent days. Today, however, has risen up to touch again 17 thousand dollars .

As we anticipated a few days ago, there are strong expectations thanks to the possible creation of the first Bitcoin ETFs (for the American market), and this could lead many investors to choose to return to invest heavily on BTC before this happens.

After it had happened for the futures : it is no coincidence that the historical maximum peak of more and you have registered the 17 December 2017 , ie exactly the day before the onset of futures on the CME in Chicago.

In fact, the markets always tend to anticipate possible price movements, so it is not at all strange that the maximum peaks occur before important events (such as the quotation of CME futures , or the possible release of ETFs on Bitcoin).