The $250 level was compromised in a sharp move lower to $245. It appears a new range of $240-$250 will emerge. Weekend trading volumes were quite light. Chinese traders are expected to return in force on Monday.
During this range bound trading, go short at $250 and long at $240. Use XBU24H to accumulate short term positions.
Dutch court case to decide Bitcoin’s legal status (CoinTelegraph)