BTC short on launch of options on the CBOE
Let's go back 7 years.
On Dec. 1, 2017, BTC wicked down to $9,410 before going on its historic ride to $19,700, tallying a price move of more than 109%.
This 2017 December ride coincided with the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) both launching their respective physically-settled BTC futures trading products.
The CBOE launched its Bitcoin futures trading product on Dec. 10. Then Bitcoin reached its all-time high near $19,700 on Dec. 17, 2017, right when the CME launched its own cash-settled Bitcoin futures trading product.
After Bitcoin a strong fall awaited
Tomorrow launch of BTC options on the CBOE.
🐻Probably that's the reason to try short with SL at 105 000 USDT 😎
In case BTC continues its growth we won't lose much.
On Dec. 1, 2017, BTC wicked down to $9,410 before going on its historic ride to $19,700, tallying a price move of more than 109%.
This 2017 December ride coincided with the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) both launching their respective physically-settled BTC futures trading products.
The CBOE launched its Bitcoin futures trading product on Dec. 10. Then Bitcoin reached its all-time high near $19,700 on Dec. 17, 2017, right when the CME launched its own cash-settled Bitcoin futures trading product.
After Bitcoin a strong fall awaited
Tomorrow launch of BTC options on the CBOE.
🐻Probably that's the reason to try short with SL at 105 000 USDT 😎
In case BTC continues its growth we won't lose much.
Bitfinex whale. Subscribe to my Telegram channel with more signals and insides👉 t.me/TraderJoeChannel
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