Bitcoin: Again! The Tail Is Wagging The Dog. By Gregory Mannarino
Right now Bitcoin futures are being bid higher on the CME exchange. We can now expect that Bitcoin will follow. (Bitcoin was lower earlier on Coindesk, but is now higher as well).
It is really quite hard to argue.
Ever since Bitcoin began trading on the CME Futures exchange, (at it's top near 20K), and was being bid lower Bitcoin followed. Now they are bidding it higher on the CME exchange and poof! Bitcoin shortly follows.
Just The Wall Street wizards doing their thing...
Gregory Mannarino, "The Robin Hood Of Wall Street."
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