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4921555 No.4921555 [Reply] [Original]

BITCOIN FUTURES PREDICTIONS

Bitcoin went to 13.8k today, faced another “BUY the DIPS” wave and went back up to 14-15k on major exchanges.

Here’s the thing, CBOE launches Bitcoin futures tomorrow may make the price very volatile, hence it can go to 13.2k again, 12k & even as low as 11k. This will make a clear correction and we expect the price to shoot back up after.

The second scenario is more money coming in will boost the price to 17k, the resistance is at 18k if crossed we will see Bitcoin at 21k.

Either way, HODL. Do not panic.

>> No.4921609
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4921609

>>4921555
>Here’s the thing, CBOE launches Bitcoin futures tomorrow may make the price very volatile

price volatility is already unheard of which is dangerous. im not saying hodl or sell but it's a zero sum game and most amateurs lose their savings

>> No.4921621

Or normies start getting panic and they dont know what hodl means....boom

>> No.4921642

>>4921555
Disgusting newfag, I would still hodl down to $200

>> No.4921658

>>4921555

thank you kind sir for those reasonable words.

>> No.4921669

Futures are the "smart/institutional money" way to get the Bitcoin gains shorting it, considering that they won't cash out on Coinbase like normies do.

>> No.4921698

>>4921555
My issue isn't the panic, but rather cashing out. Coinbase isn't verifying my ID fast enough and so I can only sell $10k per week. I have 8.3 BTC that I would like to potentially sell off before tomorrow hits (which I will short it if I can, or if I can buy back in with about the same amount of BTC and watch it raise up, either one works fine for me) but I can't do that with that sort of limit.

If I needed to sell off $100k+ at one given time how's the best way to do this? I don't mind paying taxes.

>> No.4921737

>>4921621
People don't understand it. Then they think They understand it. Then they realize it's just what whales and pumpers propagate to leave you with bags.

>> No.4921763
File: 57 KB, 401x802, 7e52374b02342ed26977e4710645f00decd3cff0f2ea3d630acbb89d7ed6b6ab.jpg [View same] [iqdb] [saucenao] [google]
4921763

>>4921555
Checked
Death to kikes
Death to the great satan
Death to wall street

I'm HODL

>> No.4921866

>>4921555
Also take note
>Cboe Futures Exchange, LLC (CFE) plans to launch trading in Cboe bitcoin futures at 5:00 p.m
Straight from their website

>> No.4921921

>>4921737
What I think happening is... Big whales dumping it at higher price and when it drops, they buy it again and it comes back to the same price..
What happens is that they make money on the spread and normies run quick to buy the dip helping it to reach the same price

For fucks same... Let it dip.. Let it crash.. Let it go to shit
Then only buy it

>> No.4921945

>>4921555
kek has spoken

>> No.4921992

>>4921698
>Question for a Question
What additional verification is COINBASE requiring? What have you already given?

>> No.4922122

>>4921992
They're asking for driver's licenses or "ID"s, I gave them a scan of my passport card and they didn't accept it. Sent them the driver's license and they're taking forever and a day. I did the same for my mother on Friday and she got her account verified within 30 minutes. I want to think that it's because it's the weekend but with this futures shit I don't know.

>> No.4922165

>>4921609
>BTC is a zero sum game

>> No.4922239

>>4922122
betcha wait until the poop is halfway out your asshole before you hop on the toilet too, fucking retard.

>> No.4922382

>>4922239
I like the adrenaline rush

>> No.4922473

>>4922122
I see.
When I signed up a week ago, they asked for all the fill in information such as job, name, etc. I gave it to them all and I scanned by ID at least five times before it worked.

It finally worked when have it a 5am est attempt outside of peak hours.


Good luck getting your money out in time.

>> No.4922559

For your information (((they))) have known about the futures from very latest since September. Probably a lot earlier. Do you think (((they))) wouldn't use an unregulated market like this in (((their))) favor? They have a plan. If they are not afraid of putting the system reputation in the line people will get fooled into shorting and will get liquidated. Also the plan could be just crash it. Or is it better to milk it by giving it some media coverage and slowly cash out as long as there's a new fool to come in?

>> No.4922605

Set a fairly low stop loss order to be safe, you can always buy back in.