Yesterday was the Chicago Board of Exchange or CBOE Futures Closing for Bitcoin Futures.
For those that are into day trading of Crypto, you may find this interesting. I however am a HODL'er, as I pay enough taxes living in New York.
I wrote about it in January on my website http://www.crypto-cocktails.com/2018/01/19/bitcoin-crash-bitcoin-futures-effect/
Yesterday's closing showed the same Pattern. The closing occurs at 16:00 Zulu which is 4 pm London time or 11 am here in New York. The Futures closed with a 9350 low and 9370 High. Bitcoin closed at 9349 at exactly 11 am Eastern US time.
The next closing is February 26th for the CME or Chicago Mercantile Exchange. Stay tuned for Buy Buy Buy information.
I am simply pointing out the correlation between the two, if there are any Futures Experts out there, please chime in a educate all of us.
Have a great day.
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