April 28, 2024

Cue ball - the denouement is close

On the night of December 4 at 2:00 Moscow time, trading in Bitcoin futures on CME will start. Large participants from the Leveraged Funds groupwith shorts for 10 thousand contracts, stop trades, an increase in GO and a flurry of margin calls await:
By cue ball — the end is near

(Participants in Bitcoin futures trading from the Leveraged Funds group accumulated shorts of 10 thousand contracts.)

On derivatives crypto exchanges, where there are no days off, these margin calls are already in full swing:
By cue ball — the end is near

(The volume of liquidations on cryptocurrency derivatives exchanges has already exceeded $ 500 million.)

Well, just in case - as it happened in January 2017:
By cue ball — the end is near

(Dynamics of bitcoin quotes in December 2016 - January 2017.)

As they say, history sometimes tends to repeat itself…

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