Bitcoin Futures Are About To Get Another Big Boost |$20000+|
Bitcoin is going to get a boost in some days
There are lots of chances for bitcoin to get a boost in next 2-3 days. these are some reasons behind the upcoming boost.
- TD Ameritrade, is allowing Bitcoin Futures trading on its platform starting on monday, it's the largest futures operation of any online brokerage.
- CME, is preparing to launch Bitcoin Futures on sunday. it's also a big futures trading operation.
- The start of futures trading on the Chicago Board Options Exchange (CBOE)has been slow but respectable start.
If you haven't read about Bitcoin Futures then you take a reading of my previous post about Bitcoin Futures
The story of TD Ameritrade is important because it operates the largest futures operation of any online brokerage. TD Ameritrade is allowing trading of Futures on it's platform on monday
And the second Chicago Mercantile Exchange (CME) is a much larger exchange as comparing to the Chicago Board Options Exchange (CBOE), is going to launch it's bitcoin future on sunday.CME is expected to get higher dollar and volume so the price of Bitcoin can hit $20,000 in some days.
And the Chicago Board Options Exchange (CBOE) is hailed as a turning point of crypto-currency, giving it more recognition and transparency
JB Mackenzie, managing director for futures trading at TD Ameritrade, told Bloomberg:
“Right now we are taking the same approach we did with the Cboe product, to wait and see how it goes. We want to watch that market open and become an orderly marketplace and see who the participants are in that marketplace. This is the same process we use with any new product. We want to see how the market reacts.”
Source of reading
Source of reading
So be ready and prepared for the upcoming boost of bitcoin.
All the information above are just my opinion and through readings online so do not take it as a decision.Do your own research before investing in any crypto currency
Thanks for reading
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