Trading the Bitcoin market is more focused as an alternating trade strategy as it carries a much higher degree of risk due to its and susceptibility to its current market regulations. However it is well recognize now by the Luxembourg financial regulator, the Luxembourg Financial Industry Supervisory Commission (known as CSSF)
Alternatives are available for sophisticated and accredited investors who may opt for a more stringent investment traded on the OTCQX; where we can find Bitcoin Investment Trust. As some banks nowadays are welcoming the Blockchain Technology that is the backbone in trading the global transactions of the Bitcoin market. As the Bitcoin Investment Trust is a 10th of its single currency market price levels which can be an excellent investment tracking the market @110.70 has more room to further accelerate into the coming year 2017. Corrective price pullback would be limited into the daily session.
Trade with Caution! As Bitcoin carries a Higher Degree of Risk. And the ability to find and properly choose an "Alternative Market Place & Asset Class' to trade and level-off the Playing Field in today's market conditions. Be smart & safe ...Learn the real intricacies of trading the financial markets by having the right guidance. and alternative plans in mind.
The opening levels for both instruments have gained on the first trading week of the New Year, as we have anticipated. Contrary to the pause we've seen so far with the USD. Position adjustments are currently being made which may spill over positive sentiments into the week before we see any serious session low.
This is also where we have been hedging and subsequently protected its gain equivalent to the value of the US Index by its point value by way of its equivalent contract sizes in the futures market. Correlation is a valuable knowledge knowing how it works and how to arbitrary hedge value through proper trading strategies can always be a way to level the playing field from unexpected market conditions.
DX Futures have VALIDATED our Market & Price Call marking an arbitrary hedge for GBTC as indicated in the 103.40 short-selling Divergence while currently @100.42 from a low @100.30 basis point.
Info Link: https://megatrade101.blogspot.com/2017/01/effectiveness-of-cross-trading-with.html
Spot DXY & DX Futures broke below the 100 mark basis point that signaled a bearish front directly affected by positive data from inflation #'s, CPI rose 1.8% year-on-year beating market expectations of 1.5%.