RadmirF

How CME conducts the market

BITFINEX:BTCUSD   비트코인
As we can see starting CME futures started as well the new BTC reality. Now the market suspiciously matches to begins and ends of CME futures markets. Therefore the main reason to make 2020 investment/trading decision is to understand where want to close smart money of CME in June 2020. As far as we're going to have halving in May 2020 CME will not able to ignore that fact. After halving the cost price of 1 BTC mined on the most efficient S17 is about 8000 USD. I hope we are on the verge of the new bull market of 2020. Nonetheless I don't think CME allows to raise price unless 30 Dec, because 27 Dec will expire Z19 futures which were definately bearish for smart money and 30 Dec starting M20 futures market. Probably we're going sideways to mid Jan 2020.
I hope this information is valuable for you. Thank you for your attention.

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