By the Numbers: Bitcoin Futures Launched Today (Sunday) 6 pm EST. Right THEN, Bitcoin DROPS about 8% SHARPLY (-$1600) - Then Pulls a Bitcoin. Recovery

in #bitcoin7 years ago


... and it is still showing activity as I type this.

I compare today's launch to last week's CBOE launch at the end of the post -- both days about 4 hrs after launch I did a post recap with charts.


Roughly speaking we have seen a ~$2200 swing between the low and high of the day $17,800 and $20,085.

Buckle up Wall St. LOL

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-- $19,400 to $17,777 drop in about 90 mins is no doubt tied to the 6 pm launch of the CME market.

-- How many heart attacks are we seeing in the sector or Wall St.



24 Hours:


Comparing the CBOE launch 7 Days ago to the CME launch:


I wrote about the CBOE (first ever) Bitcoin Future Launch before and after it happend.... Here is the one from a few hours after it hit the market:

https://steemit.com/bitcoin/@barrydutton/bitcoin-futures-launched-today-sunday-6-pm-est-right-then-bitcoin-spikes-in-a-massive-uptrend-up-14-then-up-20

and all the charts I used that nite, after the XBT Futures were launched and up and running a few hours, so we can compare the trends of the 2 launches, in the first 3-4 hours after they were up!!


Thanks for reading, have a nice day.


HODL Img. sourced from the LEGENDARY thread where the term HODL was first..... coined - LOL. - BitcoinTalk.org

https://bitcointalk.org/index.php?topic=375643.0

If you are new to Crypto or do not know the story -- Please open that link in a new tab, take a couple mins. and read the funny thread/story, you need to know your Crypto history folks!

(:


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it seem to have cooled of after yesterday rally, but it might pick again as more more future begin to trade today and next week, this is the tipping point that all cryptos were waiting for as most of them are trading higher and more people are getting into the cryptos space

Thanks for all stats and your assumption experience. How you see the future of SBD?
holding SBD or converting SBD into Bitcoin and Altcoins is good.

Have a great day and stay blessed.

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