As Bitcoin Goes Bust, One Classic Market Signal Is Pointing To More Pain | Trading Nation | CNBC

Bitcoin futures have entered into a contango market, a development which may suggest further agony lies ahead for the cryptocurrency.
» Subscribe to CNBC:

About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Connect with CNBC News Online
Get the latest news:
Find CNBC News on Facebook:
Follow CNBC News on Twitter:
Follow CNBC News on Google+:
Follow CNBC News on Instagram:

As Bitcoin Goes Bust, One Classic Market Signal Is Pointing To More Pain | Trading Nation | CNBC


Spread the love

Related posts

23 Thoughts to “As Bitcoin Goes Bust, One Classic Market Signal Is Pointing To More Pain | Trading Nation | CNBC”

  1. When I first started thinking of investing in crypto last year I came up with a basic criteria for what I thought the "currency of the future" would need: instant transactions, feeless, sustainable, decentralized. My plan was to throw some pocket change at it, and sell when it was enough to retire comfortably with. I started with Nano, made a ton of money off that, but as I kept doing research I realized that its scope was way too small, and there were projects that met (or will meet) the criteria while covering much more grounds. Thanks to everybody who posted about Evan Gilmore, you are all part of my Success Story. Let’s keep spreading Words about Him to help the Ignorant people who are loosing, If you have less than 3 Bitcoins or more, why not trade it and make more profits. It’s no News that Evan Gilmore has been helping so many of us out here with New working strategies to trade our Bitcoin, I went from having 3Btc to 10Btc. Imagine selling off each of them at $30k in a few months, You can Reach his email or text him at ( or Telegram +1(904) 428-8349.

  2. Question time: How many ads did bitcoin buy? Answer time, None. Those ads are for ICOS which need them to survive. Bitcoin does not. With the improvements coming to bitcoin in the form of the Lightning Network, young people frankly since they have the time to learn about what bitcoin actually is, will just have to wait it out. Baby Boomers don't have 10 years so why would they look into the future. A future where I could choose to buy with bitcoin over fiat money like the dollar. $1000 in 1975 < $1000 in 2018 but 100 BTC in 2010 = 100 BTC in 2018.

  3. I think i'm doing it wrong! Bought at 19k and sold at 8k 🙁

  4. Just you guys wait. When bitcoin sees all time highs the media will scream buy. When it is at its lows, they scream sell. It's going to crash. Warren Buffet says crypto won't last. You will see the same thing in the coming years when bitcoin is up again.

  5. Has anyone entertained the thought that cryptocurrency prices are falling not because of anything to do with the cryptocurrency market itself, but because investors have a pessimistic outlook of the entire market themselves? Or does everyone assume that the stock market began its decline not a month later and this is of no significance? Now, look at the narrative of the market. That it is a state of disarray fueled by "tariff concerns." These narratives offer zero insight into the real movers of markets.

    Why do they not talk of interest rates and the history of low interest rates, which propelled this market into a "bull run," and which were done so with the intention of "having two hamburgers today for one tomorrow," as former Fed President of Dallas famously said? Why do they not talk of the massive balance sheet, which finally, has started to undwind (because you cannot run up debt and deficits ad infinitum)?

  6. Подскажите, у токенов bunnytoken есть контакты в социальных сетях?

  7. Bitcoin has "Crashed"30% six times in 2017.Each "Crash" has been followed by an Increase of:76%,237%,183%,165%,152%.Bitcoin takes 7 Steps forward,2 Steps back,7 Steps forward,2 Steps back.Every 2 Steps back is heralded as the End of is true that the market is dropping everyday,but there are people who are "smiling and basking"in profits everyday too.all you need is a right platform for all your trades to manage your accounts and investments.I already gave up hope until i started applying a currency prediction mining software which helps me to predict which coins that is high and has value to trade on and invest in and also helps to predict accurately when the coins are low and looses value switching to a more higher coins with value.Am always updated with signals whenever bitcoin will go down or go high making me to trade comfortably without fear about my investment on bitcoins and other cryptocurrencies. The opulent Trading Software is a very successful and profitable tool used in trading cryptocurrencies and i recommend it for all crypto traders to help minimize risk in crypto trading.
    Bitcoin hit a high of $20,000 in 2017 and then the speculators sold out so now as of Feb.2018 it has plunged to $7000. If you look at a Bitcoin history graph and put a ruler on the LOWS you will see that $7000 is the predictable Low for Bitcoin where as the $20,000/Bitcoin was an artificially high price driven by speculators. Now is the time to Buy Bitcoin to get a Fair Market Price. Sure it may dip lower in the near future which is why I would spread my purchases over the next Few Months. Then just sit back and watch Bitcoins value climb over the coming year

  8. I think there's a lack of understanding about what drives bitcoin price upwards. When you understand why the price REALLY spikes, then you understand these price drops. The price of bitcoin shoots up as millions of people use the dark web simultaneously. When they got what they want off the dark web, the price plummets again. This is why you see bitcoin spikes often before Christmas – people are buying their christmas supply of dope. Now, yes the price will fall a bit, as it's done before. But in about 18-24 months you'll see another exponential spike like this – it's cyclic. It's unrelated to twitter, or MSM bashing bitcoin, or investment in bitcoin, it's just quite simply people buying things over the dark web. Re the death cross – it's nothing, anything that fluctuates up or down can have different moving averages crossing each other, as a mathematician and a statistician, the only significant i can see in this is that MSM say it's significant so it's likely to scare people. There's no mathematical significance to the death cross whatsoever.

  9. Now the big Bitcoin holders may dump Bitcoin any time and Bitcoin may touch to750dollars

  10. Its funny millenials say older people dont understand bitcoin. Only thing most millenials understand about bitcoin is if you invest 1000 dollars soon you can buy a lambo. Bitcoin is a pyramid which always needs new people coming in. the whole world knows about bitcoin now. Theres no new money coming in unless aliens start investing. Forget about wall street big money. Bitcoin will drop to 1000 within a year. And then it could collapse completely unless mining becomes cheap again. The current financial system is based on economic growth and production. Bitcoin is base on speculation.

  11. The only one hyping bitcoin are those that own them. It benefit them to have people buy bitcoin even if it is crashing. Investors will give you bad advise so they can safe their investment.

  12. So much false information in this video.

  13. Cryptocyberx @gmail helped me burst into bitcoins and to I am so happy with the minning hack

  14. Bitcoin has no home think about it

  15. These are dream prices!!
    Love the Blood!!!

  16. Typical CNBC promoting FUD trying to push people away from crypto and towards the banks lol. "Bitcoin goes bust" but it's still at all time highs when compared to previous years.

  17. it will come back up like it allways dose

  18. Talk positive about bitcoin future and negative about bitcoin and lying about it as well.

  19. More FUD , from mainstream media – just another wing of the manipulators trying to wear your resolve so you sell…i think most of the people who could be shaken have sold prepared to be patient , Bitcoin will bounce back even higher, likely before years end..i bought more while its low..if it dropa more i will buy more and so will many others

Leave a Comment