{"id":374986,"date":"2019-03-17T11:29:38","date_gmt":"2019-03-17T11:29:38","guid":{"rendered":"https:\/\/wncen.com\/?p=374986"},"modified":"2024-06-11T13:38:49","modified_gmt":"2024-06-11T13:38:49","slug":"bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","title":{"rendered":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst"},"content":{"rendered":"<p>There is a noticeable correlation between Bitcoin&#8217;s latest jump and Bitmex Futures, believes Luke Martin.<\/p>\n<p>The renowned cryptocurrency analyst said Thursday that Bitcoin price moved north right after Bitmex launched its September futures, XBTU19. Martin noted that the bitcoin market underwent a jump in volume and volatility after the XBTU19 went live. He also identified two similar events in the past in which the beginning of new futures contracts coincided with increased volatility and volume in the Bitcoin market.<\/p>\n<figure id=\"attachment_374988\" aria-describedby=\"caption-attachment-374988\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D1jTWV3XcAAea5t.png-large.png\" target=\"_blank\" rel=\"noopener noreferrer \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-374988\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D1jTWV3XcAAea5t.png-large.png?resize=800%2C472\" alt=\"\" width=\"800\" height=\"472\"><\/a><figcaption id=\"caption-attachment-374988\" class=\"wp-caption-text\">Bitmex Futures and Bitcoin Price | Source: Luke Martin<\/figcaption><\/figure>\n<p>Martin referred to a Bitmex June Futures contract (XBTM19) which went live on December 18, 2018. The bitcoin price rallied up to 34 percent after the futures trading began. In the same month, on 27, other Bitmex futures (XBZ18) expired. Soon after the expiry, the bitcoin price jumped 8 percent.<\/p>\n<p>Marting considered those two events as pieces of evidence for a third-possible rally. On Wednesday, the crypto-analyst wrote that while he wasn&#8217;t sure about a rally, it was &#8220;reasonable to expect a higher chance of volatility and volume.&#8221;<\/p>\n<h2>Bitmex September 2019 Futures Launch<\/h2>\n<p>Bitmex XBTU19 started trading Friday. A day later, bitcoin price jumped above $4,000.<\/p>\n<figure id=\"attachment_374990\" aria-describedby=\"caption-attachment-374990\" style=\"width: 800px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/btcusd_4000.png\" target=\"_blank\" rel=\"noopener noreferrer \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-374990\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/btcusd_4000.png?resize=800%2C537\" alt=\"\" width=\"800\" height=\"537\"><\/a><figcaption id=\"caption-attachment-374990\" class=\"wp-caption-text\">Bitcoin Price Jumped Above $4,000-Resistance on Saturday | Source: Bitfinex<\/figcaption><\/figure>\n<blockquote><p>&#8220;BTC move started right after new Bitmex quarterlies started trading,&#8221; Martin tweeted. &#8220;Identical pattern to the previous two events highlighted in the thread. Mark this on your calendars going forward as it&#8217;s clearly an event the market is paying attention to. Beautiful.&#8221;<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">5\/ <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BTC<\/a> move started right after new Bitmex quarterlies started trading. <\/p>\n<p>Identical pattern to previous two events highlighted in the thread. Mark this on your calenders going forward as it&#39;s clearly an event the market is paying attention to. <\/p>\n<p>Beautiful. <a href=\"https:\/\/t.co\/SPUE6T3Tim\" rel=\"nofollow\">pic.twitter.com\/SPUE6T3Tim<\/a><\/p>\n<p>&mdash; Luke Martin (@VentureCoinist) <a href=\"https:\/\/twitter.com\/VentureCoinist\/status\/80716032?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 16, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>BTCVIX Criticism<\/h2>\n<p>BTCVIX, a popular crypto Twitterati, criticized Martin&#8217;s analysis for using just two data points: June Futures expiry and December Futures open. The critic also noted that Bitmex bitcoin futures lacked substantial volume to have such a significant impact on bitcoin spot markets. At just 25-30 orders, there was no way bitmex futures traders could have fueled the bitcoin demand across exchanges.<\/p>\n<figure id=\"attachment_374993\" aria-describedby=\"caption-attachment-374993\" style=\"width: 403px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D10XIeHWwAUqKvs.png\" target=\"_blank\" rel=\"noopener noreferrer \"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-374993\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D10XIeHWwAUqKvs.png?resize=403%2C548\" alt=\"\" width=\"403\" height=\"548\" srcset=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D10XIeHWwAUqKvs.png?w=403 403w, https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/D10XIeHWwAUqKvs.png?w=338 338w\" sizes=\"(max-width: 403px) 100vw, 403px\"><\/a><figcaption id=\"caption-attachment-374993\" class=\"wp-caption-text\">Source: Twitter<\/figcaption><\/figure>\n<blockquote><p>&#8220;First of all you have literally [two] data points lol &#8212; and no one even trades that contract &#8212; I am looking at the time and sales right now and there [are] 25-30 orders in the last hour totaling not even $50,000 &#8212; your argument is complete shit.&#8221;<\/p><\/blockquote>\n<p>Martin held\u00a0his guard,\u00a0arguing that his analysis was more about spot traders&#8217; psychological reaction to Bitmex futures contracts.<\/p>\n<blockquote><p>&#8220;It has nothing to do with volume or price of that contract,&#8221; he explained. &#8220;It&#8217;s how spot price, volume, and volatility reacted to a new bitmex contract beginning to trade. Exact same pattern for new contracts in the past. Or a contract expiration Market reacting to that more than CME or CBOE.&#8221;<\/p><\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">You are correct, only 2 data points in the past I was looking at.<\/p>\n<p>Regardless the relationship and reaction held true. <\/p>\n<p>Maybe now you understand that I&#39;m not making an argument, but presenting an objective observation of truth?<\/p>\n<p>&mdash; Luke Martin (@VentureCoinist) <a href=\"https:\/\/twitter.com\/VentureCoinist\/status\/68905729?ref_src=twsrc%5Etfw\" rel=\"nofollow\">March 16, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Overall, the analysis attempted to present what could be one of the many million theories to predict bitcoin price action. In the end, the cryptocurrency remains an asset with one-too-many surprises under its sleeves.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>There is a noticeable correlation between Bitcoin&#8217;s latest jump and Bitmex Futures, believes Luke Martin. The renowned cryptocurrency analyst said Thursday that Bitcoin price moved north right after Bitmex launched its September futures, XBTU19. Martin noted that the bitcoin market underwent a jump in volume and volatility after the XBTU19 went live. He also identified two similar events in the past in which the beginning of new futures contracts coincided with increased volatility and volume in the Bitcoin market. Martin referred to a Bitmex June Futures contract (XBTM19) which went live on December 18, 2018. The bitcoin price rallied up to 34 percent after the futures trading began. In the same month, on 27, other Bitmex futures (XBZ18) expired. Soon after the expiry, the bitcoin price jumped 8 percent. Marting considered those two events as pieces of evidence for a third-possible rally. On Wednesday, the crypto-analyst wrote that while he wasn&#8217;t sure about a rally, it was &#8220;reasonable to expect a higher chance of volatility and volume.&#8221; Bitmex September 2019 Futures Launch Bitmex XBTU19 started trading Friday. A day later, bitcoin price jumped above $4,000. &#8220;BTC move started right after new Bitmex quarterlies started trading,&#8221; Martin tweeted. &#8220;Identical pattern to the previous two events highlighted in the thread. Mark this on your calendars going forward as it&#8217;s clearly an event the market is paying attention to. Beautiful.&#8221; 5\/ $BTC move started right after new Bitmex quarterlies started trading. Identical pattern to previous two events highlighted in the thread. Mark this on your calenders going forward as it&#39;s clearly an event the market is paying attention to. Beautiful. pic.twitter.com\/SPUE6T3Tim &mdash; Luke Martin (@VentureCoinist) March 16, 2019 BTCVIX Criticism BTCVIX, a popular crypto Twitterati, criticized Martin&#8217;s analysis for using just two data points: June Futures expiry and December Futures open. The critic also noted that Bitmex bitcoin futures lacked substantial volume to have such a significant impact on bitcoin spot markets. At just 25-30 orders, there was no way bitmex futures traders could have fueled the bitcoin demand across exchanges. &#8220;First of all you have literally [two] data points lol &#8212; and no one even trades that contract &#8212; I am looking at the time and sales right now and there [are] 25-30 orders in the last hour totaling not even $50,000 &#8212; your argument is complete shit.&#8221; Martin held\u00a0his guard,\u00a0arguing that his analysis was more about spot traders&#8217; psychological reaction to Bitmex futures contracts. &#8220;It has nothing to do with volume or price of that contract,&#8221; he explained. &#8220;It&#8217;s how spot price, volume, and volatility reacted to a new bitmex contract beginning to trade. Exact same pattern for new contracts in the past. Or a contract expiration Market reacting to that more than CME or CBOE.&#8221; You are correct, only 2 data points in the past I was looking at. Regardless the relationship and reaction held true. Maybe now you understand that I&#39;m not making an argument, but presenting an objective observation of truth? &mdash; Luke Martin (@VentureCoinist) March 16, 2019 Overall, the analysis attempted to present what could be one of the many million theories to predict bitcoin price action. In the end, the cryptocurrency remains an asset with one-too-many surprises under its sleeves.<\/p>\n","protected":false},"author":496,"featured_media":374996,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428],"class_list":["post-374986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin"],"acf":[],"yoast_head":"\n<title>Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst<\/title>\n<meta name=\"description\" content=\"There is a noticeable correlation between Bitcoin&#039;s latest jump and Bitmex Futures, believes Luke Martin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst\" \/>\n<meta property=\"og:description\" content=\"There is a noticeable correlation between Bitcoin&#039;s latest jump and Bitmex Futures, believes Luke Martin.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-17T11:29:38+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T13:38:49+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"667\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Davit Babayan\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Davit Babayan\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\"},\"author\":{\"name\":\"Davit Babayan\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\"},\"headline\":\"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst\",\"datePublished\":\"2019-03-17T11:29:38+00:00\",\"dateModified\":\"2024-06-11T13:38:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\"},\"wordCount\":500,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667\",\"keywords\":[\"bitcoin\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#respond\"]}],\"copyrightYear\":\"2019\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\",\"name\":\"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667\",\"datePublished\":\"2019-03-17T11:29:38+00:00\",\"dateModified\":\"2024-06-11T13:38:49+00:00\",\"description\":\"There is a noticeable correlation between Bitcoin's latest jump and Bitmex Futures, believes Luke Martin.\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667\",\"width\":1000,\"height\":667},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin &amp; Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223\",\"name\":\"Davit Babayan\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g\",\"caption\":\"Davit Babayan\"},\"description\":\"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \\\"A Homeless Who Found Bitcoin.\\\"\",\"url\":\"https:\/\/wncen.com\/author\/davitbabayan\/\"}]}<\/script>\n","yoast_head_json":{"title":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst","description":"There is a noticeable correlation between Bitcoin's latest jump and Bitmex Futures, believes Luke Martin.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst","og_description":"There is a noticeable correlation between Bitcoin's latest jump and Bitmex Futures, believes Luke Martin.","og_url":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2019-03-17T11:29:38+00:00","article_modified_time":"2024-06-11T13:38:49+00:00","og_image":[{"width":1000,"height":667,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","type":"image\/jpeg"}],"author":"Davit Babayan","twitter_card":"summary_large_image","twitter_creator":"@newsbtc","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Davit Babayan","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/"},"author":{"name":"Davit Babayan","@id":"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223"},"headline":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst","datePublished":"2019-03-17T11:29:38+00:00","dateModified":"2024-06-11T13:38:49+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/"},"wordCount":500,"commentCount":0,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","keywords":["bitcoin"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#respond"]}],"copyrightYear":"2019","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","url":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","name":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","datePublished":"2019-03-17T11:29:38+00:00","dateModified":"2024-06-11T13:38:49+00:00","description":"There is a noticeable correlation between Bitcoin's latest jump and Bitmex Futures, believes Luke Martin.","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","width":1000,"height":667},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin &amp; Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/7038e8ef0d3a8f446d711acb2308b223","name":"Davit Babayan","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/161d05dbcdb1ab4b30f01583f979e49e?s=96&d=mm&r=g","caption":"Davit Babayan"},"description":"Davit Babayan is an Armenia-based expat balancing the academic life of a software design engineer with the experiences of a financial technology journalist. He aspires to be a full-time columnist and wants to write a book that would be called, \"A Homeless Who Found Bitcoin.\"","url":"https:\/\/wncen.com\/author\/davitbabayan\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst","url":"http:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Davit Babayan"}],"creator":["Davit Babayan"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["bitcoin"],"dateCreated":"2019-03-17T11:29:38Z","datePublished":"2019-03-17T11:29:38Z","dateModified":"2024-06-11T13:38:49Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Bitcoin Rallying Above $4,000 Could be Due to Bitmex Futures: Analyst\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-rallying-above-4000-could-be-due-to-bitmex-futures-analyst\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/shutterstock_1024285162.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/shutterstock_1024285162.jpg?fit=1000%2C667\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Davit Babayan\"}],\"creator\":[\"Davit Babayan\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"bitcoin\"],\"dateCreated\":\"2019-03-17T11:29:38Z\",\"datePublished\":\"2019-03-17T11:29:38Z\",\"dateModified\":\"2024-06-11T13:38:49Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2019\/03\/shutterstock_1024285162.jpg?fit=1000%2C667","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/374986"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/496"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=374986"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/374986\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/374996"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=374986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=374986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=374986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}