Bitcoin Index Futures Soar & Support and Resistance Levels 1.08.2021

January 7th, 2021 Filed under Future Trading News | Comment (0)


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Monthly NFP ( non farm payroll ) tomorrow before the market opens, normally a market moving report.
Bitcoin Index from the CME chart for your review simply because it screams out, “What’s next,” now that the total value of the entire cryptocurrency market has eclipsed $1trillion. Some have harkened back to Tulip mania in 1637, considered the first recorded speculative bubble. Of all things, prices for tulip bulbs were what skyrocketed then dramatically collapsed. Others have contended Bitcoin’s rise has just begun, holding out values of $100-, $150- then $200,000. They may both be right; they may both be wrong.
Bitcoin Futures Weekly Chart 1.07.2021

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Futures Trading Levels


Futures Support and Resistance Levels 1-08-2021

Economic Reports, source: 


BetterTrader Futures Reports 1.08.2021


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