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Bitcoin: large funds on CME are preparing for growth of the cryptocurrency

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According to the COT (Commitments of Traders) reports provided by the Commodity Futures Trading Commission (CFTC) - for the week ending last Tuesday: Large speculators (NON-COMMERCIAL) have reduced the net position for the sale of contracts for bitcoins by 0.14 thousand contracts to 0.22 thousand. Large speculative players are cutting the net position for sale for the third consecutive week. Net position has become minimal since April 10. The small speculators (NONREPORTABLE POSITIONS) reduced the net position for the purchase of ... Read more about " Bitcoin: large funds on CME are preparing for growth of the cryptocurrency " on coinatory.com

When will Bitcoin change its trend?!

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Many are concerned about the Bitcoin falling. Here"s what we think about this. To begin with, let"s try to understand what this fall is caused by, from the fundamental viewpoint. Many associate it with breaking the South Korean exchange Cointrail. The stock exchange itself is little-known and very unpopular. But nevertheless, the reason for the fall of bitcoin, allegedly, was found in this. Let us suppose it to be true. And now let"s speak about more general factors. If you look closely at the graph, you can identify areas where bitcoin ... Read more about " When will Bitcoin change its trend?! " on coinatory.com