Bitcoin price at a critical weekly close: Crypto traders outline likely outcomes

in coastalconserve •  4 years ago 

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The week’s weekly candle close coincides with the expiration of CME’s Bitcoin futures contracts and Deribit’s options contracts. It could potentially set a precedent for September, especially if Bitcoin closes above or below key levels.

Interesting article about the price of bitcoin and where it might be heading from here. I've got to say the price of bitcoin has been boring compared to the alt coins, that's for sure. I do believe that bitcoin and ethereum are like coiled springs ready to explode higher, it's when that might happen is the question. I'm holding, but my crypto portfolio is pretty flat, I need to try to make some money in the alts in the short term to eventually buy more bitcoin with. That's my plan, what is everyone else thinking....?

Read the full story here...
https://cointelegraph.com/news/bitcoin-price-at-a-critical-weekly-close-crypto-traders-outline-likely-outcomes

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Crypto looking a little better today, especially ethereum

In my opinion ethereum needs to get over the 440 level

And bitcoin over the 12k level, for me to be super bullish

I see that the market is going to start the week on the plus side again this week

Another day of central banks printing money

Silver is up pretty big this morning, I like that

I'll be selling puts on the metal stocks today

Cannabis stocks are looking better, but I'm still selling the calls all day long

Me too, not as aggressive though

This post has received a 25.9 % upvote from @boomerang.