Kerrplunk was the sound Bitcoin made as it careened through $240 to $231 on Bitfinex. It looks as if the rout is over, but you can never be sure in Bitcoin. If $230 can hold over this weekend, a possible local bottom will have formed and a push higher can begin anew.
To play a rebound in prices, buy XBTJ15 with a target of $250 on the futures price.
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