Bitcoin price analysis: September 6, 2015

Entry:

Buy long XBT7D (BitMEX weekly BTC/USD futures contract) while OKCoin.com spot is at 237-239 USD with a spot stop limit of 235 USD.

Exit:
Close XBT7D long position at 250-255 USD; consider reducing the position by 40%-60% by taking profit at 245 USD.

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