Decoding Bitcoin's Trading Behavior

This chapter explores the unique trading dynamics of Bitcoin, focusing on its tendency to operate in contango and its unexpected volatility. The discussion compares Bitcoin with traditional commodities and highlights the hesitance of retail investors towards futures trading, while emphasizing Bitcoin's liquidity as a favorable aspect for newcomers. Additionally, the chapter analyzes the current state of energy markets and the limited impact of geopolitical events on crude oil prices, reflecting skepticism over their actual influence on market behavior.