i'm sure the price will go up again soon

I had a lurking suspicion that this was in fact the case. The short-squeezing is becoming a little too obvious because we get INSANE volumes in very small time frames. I was watching the charts the last time we had a little pump from $6,100 to nearly $6,500 and it happened in about an hour total. The low liquidity and immaturity of these markets is very apparent still.

What we really need is a short squeeze followed by some really good news. I'm really surprised there hasn't been more of a fuss and price increase around the CXBTF ETN news. 

I can go and buy into BTC through my E*Trade account right now, and the company behind the notes would then go buy more BTC, which is different than how GBTC works. That seems like a really big deal to me. 

I would love to also understand how/why that is allowed without SEC approval where ETFs are not. It seems like this might help push ETF approval too, otherwise money will be flowing outside the US to invest in BTC through traditional brokerages. I could go on and on here!

One unrelated question - How often do the futures contracts expire? Is it always on the 15th of every month?

Hope so

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@jrcornel what is your prediction about other  ALT coins 

I'm still on the hook for a 10k price for btc this month. This is testing my nerves. It's more for curiosity now than money, as I feel I'll likely lose the bet at this rate. But hope keeps me glued to the price ticker.

Short sellers definitely still have a disproportionate hold on the market right now. With the lack of institutional investment large enough to counter the multipliers in favor of the shorts, the price will likely stay depressed. Although, increased OTC markets especially in Russia and other emerging markets - Turkey, China, Eurasia, etc, -  may be a boon for Bitcoin in the near future with economic depression. Larger institutional investment coming from the developed markets, mainly the United States, will have the greatest impact on BTC and other large cap cryptos and their projects. 

Hope you are right @jcornel 👍

@jrcornel I think it's all because of Future Contractions. but It's quite tough time going in Crypto Market.

Es fascinante y intrigante la situación del mercado actual.

No one knows...

https://media.giphy.com/media/5VIjIJ9YO5lyU/giphy.gif
> it's all acidic shit...

Interesting data. We will see

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I feel you are quite accurate  @jrcornel
It's worth it trying this pattern and test it. You never know what awaits as a surprise

Really ! No one knows what will happens.

Great stuff. It's bad that a whole bunch of cash settled futures can control an entire market which is rather small. It's really weird that these have been approved by SEC while ETFs haven't...

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It's the market. It goes up and down. That's what it does.
This is normal and to be expected.

![bitcoin-roller-coaster.gif](https://cdn.steemitimages.com/DQmXEN7YM8DyvBAoxhEMpjtKxPqvfeqcpKzkvWd2RUCjdJk/bitcoin-roller-coaster.gif)

Bitcoin is really expensive. But it is decreasing day by day

Futures Expiration of contracts are a huge thing no one is giving attention to that its the main reason for all these up's and down's now

Great article. Thanks for sharing.