To bring it back is always the Intercontinental Exchange, or ICE if you prefer, yesterday the volume of bitcoin futures contracts traded in a single day on bakkt reached a new historical high; the record amounts to 2728 contracts traded, for an amount equal to little more than 20 million dollars, a leap forward of 30% compared to the previous record (of November 8) and a good 60% compared to the trading on the day of twenty-one November. In short, after the platform was branded as a flop, following the launch in September characterized by very low volumes, now bakkt is growing at a brisk pace and this will surely have an impact on the circulating supply. Meanwhile, it is always yesterday's news that one of the largest hedge funds in the world (Bridgewater) has placed a bet of one and a half billion dollars on the stock market crash by next March; why do we care? Because as we all know bitcoin behaves like a safe haven and if the bags collapse BTC would almost certainly benefit.
If we consider then that this alleged collapse, always assuming that Bridgewater has seen us long, would take place close to halving and that in the next six months, given the current trend, bakkt could increase its trading volumes exponentially so here we are all the basic conditions to imagine that the bitcoin price could end up taking off. For now, however, the prices have collapsed, yesterday it was a real bloodbath and now analysts are divided into two factions, between those who consider the $ 7000 as the new fund and those who, like myself, think that the new accumulation phase will occur between 4,000 and 5,000 dollars. However things go, however, there is nothing to worry about, as we all know, in fact, we are simply witnessing a phase of consolidation; in the meantime, however, the competition has already started for those who shoot bigger, with different accounts via social media reporting the next ATH at 100 thousand, 250 thousand or even 500 thousand dollars
Information source https://www.publish0x.com/cryptofarm/new-record-bitcoin-futures-scored-bakkt-reached-new-all-time-xeopee