Andrew Keene, CEO of AlphaShark Trading, looks today at the trade in Bitcoin, as we have seen a huge rally since it had dropped down to $11,300 price level earlier. He continues to be very bullish this market long-term, but short-term, thinking we have the potential for some selling pressure between now and the end of the week.
This week and next week might have a lot of volatility and volatility keeps opportunity for a trader. In this video, I explore the way a trader could play Bitcoin between now and the end of the week
The information contained above may have been prepared by independent third parties contracted by Nadex. In addition to the disclaimer below, the material on this page is for informational and educational purposes only and should not be considered an offer or solicitation to buy or sell any financial instrument on Nadex or elsewhere. Please note, exchange fees may not be included in all examples provided. View the current Nadex fee schedule. Nadex accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representations or warranties are given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk and any trading decisions that you make are solely your responsibility Trading on Nadex involves financial risk and may not be appropriate for all investors. Past performance is not necessarily indicative of future results. Nadex instruments include forex, stock indexes, commodity futures, and economic events.
Nadex binary options and spreads can be volatile and investors risk losing their investment on any given transaction. However, the limited-risk nature of Nadex contracts ensures investors cannot lose more than the cost to enter the transaction. Nadex is subject to U.S. regulatory oversight by the CFTC.