BITCOINs 2nd Big Short BEGINS! Futures the Culprit?

22,952 Views · Posted 5 years ago

BItcoin is going down, crashing faster than Charlie Brown!! Are Bakkt Bitcoin Futures to blame? This has happened once before, the Big Bitcoin Short. The first one began in December 2017, when CME Bitcoin Futures launched, resulting in an 83 percent decline. Bitcoin from 20k to 3.5k. Now Bakkt has launched, and the BTC price is getting crushed from 10k to 8.4k! Is Bakkt to blame? Or does something still stink with CME?

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⏰ Time Stamps ⏰
00:08 Introduction
00:44 Bitcoin Price Breaking Out of The 5 Month Symmetrical Pattern
01:27 Bakkts Day 1 Performance
02:24 Bakkt Day 1 vs CME Futures Day 1
03:17 The Difference Between Bakkt and CME BTC Futures
03:54 The Problem With Paper Bitcoin Futures (Cash)
04:16 Bakkt Will Show The World If Institutions Are Actually Interested In Bitcoin & The Tech
04:45 The Problem With CME Futures & Their Attack On Bitcoin
05:33 CME Bringing Out The Paid For Traders To "Tame" Bitcoin
06:45 CME Market Maker Program Extended
06:55 Hedge Funds Ready To Bet Against Bitcoin
07:18 CME Proved To Be The Reason For The Last Bitcoin Crash
08:15 Was The Last Crash The Big Bitcoin Short or Are We In For Another?
09:18 Conclusion: Bakkt That A** Up!
09:35 Outro

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