It has fallen from last year's highs, but technical support could be near, and also supported by several fundamental factors.
Let me first touch on two key fundamentals before covering the technical aspects.
1) Regulator creating a friendlier environment - with new SEC rules and upcoming legislation (CLARITY Act)
2) Institutional adoption — major banks like Morgan Stanley and Goldman Sachs are now launching their own crypto ETFs. market demand is expected to drive the launch of 25 to 50 new crypto-linked funds by 2026.
Its video version:
Mirco Bitcoin Futures and Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50 per contract
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
Let me first touch on two key fundamentals before covering the technical aspects.
1) Regulator creating a friendlier environment - with new SEC rules and upcoming legislation (CLARITY Act)
2) Institutional adoption — major banks like Morgan Stanley and Goldman Sachs are now launching their own crypto ETFs. market demand is expected to drive the launch of 25 to 50 new crypto-linked funds by 2026.
Its video version:
Mirco Bitcoin Futures and Options
Ticker: MBT
Minimum fluctuation:
$5.00 per bitcoin = $0.50 per contract
Disclaimer:
• What presented here is not a recommendation, please consult your licensed broker.
• Our mission is to create lateral thinking skills for every investor and trader, knowing when to take a calculated risk with market uncertainty and a bolder risk when opportunity arises.
CME Real-time Market Data help identify trading set-ups in real-time and express my market views. If you have futures in your trading portfolio, you can check out on CME Group data plans available that suit your trading needs tradingview.com/cme/
konhow@weipedia.com
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.