Bitcoin Futures Trader Discusses Bitcoin Price Points, Significance of ETFs
Investor and Bitcoin futures trader Jeff Kilburg spoke with CNBC today about his continued enthusiasm for investing in the digital currency, despite lows that, as of late, have rattled some traders. Bitcoin Futures, Exchange-Traded Funds “Futures Now” trader Jeff Kilburg, at the Chicago Mercantile Exchange (CME), spoke with CNBC’s Jackie DeAngelis about Bitcoin in the short term yesterday. To kick things off DeAngelis asked Kilburg “[Are you] still a believer?” To which Kilburg replied: “I think it’s in the trading range, Jackie. I am still a believer. Until we see what I call significant bearishness, three closes under $6,000. So as of right now I wanna be a buyer at $6,250 as I see it staying in this range as we get clarity on this exchange-traded Bitcoin fund (ETF).” DeAngelis follows up by asking Kilburg whether or not he predicts a near turnaround coming for Bitcoin, or whether the
Like this article? Take a second to support us on Patreon!