CME Bitcoin Feb19 Futures Expire @ $3930.77 Finally on the Rise BTCG9

It has been a painful year since Bitcoin (BTC) futures have been launched on the Chicago Mercantile Exchange (CME) in December 2017. Finally the rebound has come. Yesterday, Bitcoin (BTC) futures trading under ticker BTCG9 closed at $3930.77 on the CME. A screen shot of the settlement price is shown below:

The backwardation trend seems to have diminished with volatility decreasing due to positive developments that include:

With much more positive news expect more gains in the next month. Bollinger bands have been converging pointing to an imminent break to the upside:

Below is the Bitcoin (BTC) futures expiry settlement price Inception To Date (ITD) and is now looking to revert upwards:

For more information and analysis please visit: https://bitfudge.com/CME/

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