What will the algos do when the CME flips the 'on' button come Monday? AI and quants vs btc bugs; who will hit the buy/sell button first? Thinking the spreads will tighten down to 0.001 pips in a minute.
I personally see this as a huge run-up by the true believers. Just in time for the launch of the CME futures products. Whenever that tipping point is, it's going to be a quite a short trade.
...here is what J.P. Morgan is saying from his grave...
push the link = chuckle chortle ..I just sold all the bitcoins in the world to YOU !!!
....just like the Dollar Index's first print.... the bitcoin's first print was the all-time contract high... I only traded this in a trading contest , but still made 38,000 on 2 lots by the second day before I got bored and quit trading it....
