It takes courage to place a short order of Bitcoin worth $2 million. Trader D4rkEnergY gave the world a glimpse of what a $2 million Bitcoin short order looks like through his Twitter post.

I said Short for 2 Months Now. I talked about the descending triangle for a long time. I told you between 7-5.5k USD.

Its easy to say that, but to put your money behind is another thing.

This is how a 2 million USD Short position look like! 🐻🐳 pic.twitter.com/Ym1lpuIjrP

— D4rkEnergY 🔥🔥 (@D4rkEnergYYY) September 21, 2019

In what may seem like a huge risk, D4rkEnergY placed $2 million just before the launch of Bakkt, the highly anticipated Bitcoin futures platform.

The move is highly opportunistic, and the trader is likely to receive a high ROI in the short-term if all goes as predicted. Bakkt is expected, by some, to influence the price of Bitcoin upwards.

Bakkt Launch- Boom or Bust?

The highly anticipated launch is finally with us. Slated for Sept 23, the launch is arguably the most anticipated event in the cryptocurrency industry.

Following the launch, the expected effect is a slight positive adjustment of the Bitcoin price as institutions are expected to start trading in Bitcoin futures via the Bakkt platform.

At the time of writing, the price of Bitcoin is slightly below $10,000.

The Bakkt platform has already been launched, and it seems as though there is a slow start in trading over the platform.

Community Has Mixed VIews

BitBoy, a crypto trader on Twitter, has a different opinion on the impact Bakkt will have on the market.

Bakkt launches tomorrow.

Bitcoin could reach 6 figures
ETH could reach $500
XRP could reach $3 tmrw.

But most importantly…

None of that will happen. Get ready for a dip.

— ₿it₿oy (@Bitboy_Crypto) September 22, 2019

Now, Bakkt is already active, and there is no significant change in the price of Bitcoin.

This may be due to slow trading. However, it may be an indicator of the gloom that may follow following the hype that was built around the Bakkt launch.

With that said, it is essential to remember that the cryptocurrency industry remains unpredictable with prices changing ever so often.

Despite the momentary setback, the price of Bitcoin may eventually soar.

Featured Image Source: Pixabay (jaydeep_)