BITCOIN FUTURES CRASHING - Start of a crash in bitcoin this week....?

in #bitcoin6 years ago

The seems to be a significant correction in bitcoin to start the week. It's down -7.5% at binance,
and similar falls in the bitcoin JUNE futures contract shows even more significant falls of -11% !
Note the huge volume candle bar today, it is very significant volume guys! A warning of things to come I think....?
The futures contract is discounting the cash market significantly and that does not bode well for future prices.....

bitcoin futures - each box is a day on a 2 hour bar chart with equi-volume candles & volume profile
Screenshot (1785).png

This is a daily chart of bitcoin cash market at binance showing a challenge to the old lows.....

Screenshot (1786).png

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Welcome to Steemit! A lot of people here enjoy talking about these sort of things and one person I know that would understand all this ( I am far from knowing) is @spiritualmax. Perhaps the two of you can connect ^_^

Enjoy your day ^_^

thankyou foxyspirit for your ocmment. I will look up @spiritualmax.

It's a good start to Steemit, bro!

Awesome!

Let me know if you need more help with the camera setup and technique for VLOGing.

Here's some useful information for your profile to keep track of things: https://steemworld.org/@youroptions

You'll need to start scouring the tags you're interested in and commenting and upvoting (and if you like the content enough resteeming) on people's blog posts to make connections, as well as boost your Reputation number, your SP (Steem Power) and your VP (voting power) upvote value.

Happy Steeming big brother!

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