Last week, we saw the price of Bitcoin plummet as we headed toward the end of the month. March 26th saw the close of a gigantic amount of Bitcoin futures and there is little doubt that this is what pressed the price of Bitcoin down into the abyss. Now that they expired, a dark cloud has been lifted from above Bitcoin and the heavens have opened up. But here is the thing: this won’t be the last close of futures contracts that push the price of Bitcoin down. Today, we are going to be looking at the next dates you need to be paying attention to and we will explain these futures contracts to you and why they push the price of Bitcoin down.
00:00 Intro
01:39 What is futures contract?
02:54 Futures contracts in BTC
04:30 Why price drops?
07:49 Contracts expiration
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