January 26th btc futures and sec regulation ramping up

in crypto •  7 years ago 

Today Jan 26th.
Has been one of the most talked about dates in the cryptocurrency youtube space. There has been many speculations of btc market manipulations by whales shorting the market.

Yesterday marked the end of the first futures contracts and many predicted the price would dip down to $8000 US followed by a huge rally by the flood of new investors who entered the market in recent months seeing an oppertune price to buy in. At the time of wrighting the price is at $10,845 and in last 24hrs dipped down close to $10,400. Take it as you will we will see what happens.

Mentioning of oppertune time the sec has taken this oppertunity (in what I believe is capatalizing on the confusion and unsureness of the market) to announce their plans to ramp up regulations and create a frame work for cryptocurrencies and "so called Ico".
https://www.marketwatch.com/story/bitcoin-futures-slip-as-sec-cftc-look-to-ramp-up-oversight-2018-01-25

All of this as a huge buys then sell offs of the bond markets stocks at all time highs and a crumbling dollar.
If you ask me they have enough on their hands and need to leave our free market well free

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Now it's time for BTC to skyrocket!

We will see it has definetly been under pressure and if that pressure pulls back we should see a jump

Shorting bitcoin is over, so it would make well sense...

Its going to be interesting to see what happens we are in un chartered territory. Im interest to see what happens between the short contracts

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