Will Bakkt Trigger A Bull Market? Or Is It Overhyped?

Bakkt will be launching the world's first physically-delivered Bitcoin futures beginning in December. The big question is; will this trigger the start of the next bull market or Bakkt being hyped up too much?

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During this video, I analyse the trading volumes of the current Bitcoin futures in the market and apply these figures to Bakkt in order to generate a rough % increase that it could have on the price of Bitcoin.

These calculations are relatively rudimentary and, if I've made an error, please feel free to correct me.

Either way, I believe it is important to prepare for Bakkt with our eyes wide open and not simply buying into the general narrative; positive or negative.

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⌚TIME JUMPS

00:57 - Bakkt
1:52 - The Effect of Bakkt
3:09 - Current Bitcoin Futures
7:03 - Assumptions
9:38 - Conclusion
10:47 - The Next Bull Market

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Source for 44x Leverage - https://medium.com/archieai/how-much-money-do-you-need-to-move-the-bitcoin-market-202f4316f277

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Disclaimer: None of this is financial advice. Please remember that all of our videos are simply our personal opinions. I don't claim to be a market expert and I'm only human so I will make mistakes from time to time. Always do your own research and never invest more than you can afford to lose. Investments can go up and down with cryptocurrencies being an especially volatile market.

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