The reason for the 5K drop today is....

[They]

Hold that buy order, you'll be able to get a 80% discount soon

 

[jason84]

China and India have effectively banned BTC.
Who's next?

BTC = Tulipmania.

Institutions are fleeing. Much more downside.

 

[Master Pu]

The billionaire creator of Ethereum already expected the collapse of cryptocurrencies


At 27 years old, Vitalik Buterin became the billionaire thanks to his creation: the cryptocurrency Ethereum. But he is aware that the bubble will burst at any moment, if it hasn't already.

https://www.entrepreneur.com/article/372641

 

[maxinger]

BTC futures is on my day trading observation list now, want to watch it for a few weeks to see whether it is tradable from a PA stand point with enough predictability on short term momentum. Heard from a risk control manager in China that it is actually behaves pretty well comparing to other instruments such as ES or NQ. We will see.

micro btc futures is one of the worst futures for day trading.
its bid-offer spread could be 10 to 40 ticks.
I will wait for a few more days/ weeks for it to improve.


for other contracts like micro ES YM RTY NQ, the spread is around 1 to 3 ticks.