Bitcoin looks like it's trading along the Green upward sloping trendline just fine.
The Macro picture looks decent here, honestly.
It will be interesting to see how this plays out now that the CME contracts have expired.
Friday (May 31, 2019) was the last day of trading with futures contracts settlement happening on Monday (June 3, 2019). Several industry commentators say Monday’s settlement will be the biggest in the history of the contract and could potentially have profound implications for the price of bitcoin on the spot market.
bitcoinist.com/insti...its-new-record-high/
Time will tell per usual.
The Macro picture looks decent here, honestly.
It will be interesting to see how this plays out now that the CME contracts have expired.
Friday (May 31, 2019) was the last day of trading with futures contracts settlement happening on Monday (June 3, 2019). Several industry commentators say Monday’s settlement will be the biggest in the history of the contract and could potentially have profound implications for the price of bitcoin on the spot market.
bitcoinist.com/insti...its-new-record-high/
Time will tell per usual.
