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Historical CME Pattern Suggests Bitcoin Rally to $7.7k is Likely to Brutally Reverse

The Bitcoin price rose to as high as $7,770 on major cryptocurrency exchanges on April 23. The abrupt upsurge coincided with the expiration of CME’s BTC futures contracts for April. Data from Skew indicates that the CME Bitcoin futures…
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This Trend That Preceded Bitcoin’s 330% Growth in 2019 Forms Again

Ever since Bitcoin (BTC) started declining last July, falling as low as $6,400 by the middle of December, analysts have been wondering when bulls are going to step in and push cryptocurrencies higher once again. Related Reading: Why Analysts…
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CME Futures Data: Institutions Still Wary Despite Bitcoin’s Bullish Signs

Once again, analysts have begun to flip bullish on Bitcoin (BTC), citing fundamental and technical factors to back their cheery sentiment. Though, not everyone is convinced that the cryptocurrency market is poised to see upside. Related Reading: Crypto…
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Bitcoin Price Poised to Tumble in Coming Week, CME Futures Statistic Predicts

Statistics show that the Bitcoin price may be on the verge of seeing a red week. No, by red I don’t mean Christmas, I mean a week in which the cryptocurrency falls, potentially to enter back in the range of the $6,000s. Related Reading: Lightning…
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Why Expiry of CME Bitcoin Futures Suggests BTC Price to Soon Pass $8,000

On Friday, the Chicago Mercantile Exchange’s cash-settled Bitcoin futures contract for the month of November was reported to have expired by a number of analysts. While these financial derivatives are cash-settled, analysis by a top cryptocurrency…
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Bitcoin Future Flash Crashes by $1,000 to Fill CME Gap: Cleared for Takeoff

The Friday before last, the Bitcoin futures contract on the Chicago Mercantile Exchange (CME) closed the week at $8,715. It was a strong performance, especially considering that on Wednesday of that week, the leading cryptocurrency had plunged…
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Why Bear Market Ethereum Futures Are a Better Bet That Bitcoin’s

The Commodity Futures Trading Commission (CFTC) is confident that Ethereum futures are likely to arrive in 2020. This could be good timing if altseason fails to materialize in the next few months and Ethereum prices remain low. Ethereum Futures…
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Institutional Longs on Bitcoin Price Grow as Bear Momentum Wanes

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. Industry analytics…
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Institutions Long on Bitcoin as Analysts Expect Upward Price Breakout

Despite the harrowing price drop seen in late September, institutions are expecting for the Bitcoin (BTC) price to soon head higher — at least for institutions involved in the Chicago Mercantile Exchange (CME) futures market. According to…
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Institutional Interest in Bitcoin Dipped Hugely Post Libra Dispute

After bitcoin popped and fizzled last year, no institutional body was willing to touch it. Banking giant Goldman Sachs abruptly went quiet on its proposals to open a digital asset trading desk. Meanwhile, JP Morgan Chase head Jamie Dimon last…