Unpredictable bitocin

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After reaching the ceiling of $ 20,000 and falling to $ 12,000, the bitcoin rate fluctuates in the corridor of $ 14,000- $ 16,000.

The growth rate of bitcoin was unstable, and after reaching $ 16,800, the value of the digital coin fell by 17% to $ 14,100. At the same time over the past day, the drop was more than 10% according to the latest reports.

After reaching a record value of $ 20,000 for bitcoin on December 17, it began to lose its value. On Monday, December 18, the fall during the day exceeded 20%, according to Bloomberg, this is a typical sign of the transition of the value of the asset in the “bearish phase.” As a result, on December 22, the value of the crypto currency fell below $ 12,000 and some financiers started talking about blowing the bubble. However, later the course of the Crypto currency on December 27 rose to $ 16,800.

The cost of bitcoin for futures for January-February-March is $ 13,760- $ 13,900- $ 14,050, respectively. Interestingly, the launch of trading in futures for the index bitcoins has brought both positive and negative factors. First, the trade in a crypto-currency asset has beaten bitcoin in the eyes of other institutional players. Secondly, the passage of transactions with Bitcoin is sometimes delayed for a day, and when trading is not required, real operations with crypto currency, as futures transactions are concluded on the bitcoin cost index.

From the negative factors of opening trades in CME and CBOE, experts note that it became easier to earn a decrease in the rate of the crypto currency. It is possible that this explains the depreciation of bitcoin immediately after the opening of trading on the major Chicago exchange CME.

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