RE: Bitcoin: Have A Look At This Chart Pattern. By Gregory Mannarino

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Bitcoin: Have A Look At This Chart Pattern. By Gregory Mannarino

in bitcoin •  7 years ago 

A healthy correction. There will come a time were the inverse will show and will the CME be able to take credit for that as well??? I guarantee you that if the cme never announced the BTC futures we wouldn't have seen that large run up. The big boys were buying the physical Just in case the CME blew the top off of BTC, Its call hedging. So the big boys are covered both ways, Short the cme make $$ there in the short term because they just bought a pile of the BTC and ran up the price. Then after all the weak hands are out, never to return the will have the BTC and go long on the futures to kill it. Your thoughts???

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