Price Action
$300 was breached in a punchy day of trading. The price has faded back to the low $290s, and looks poised to make another run to the upside. Expect a FOMO rally to $320-$330, then a sharp correction downwards. Don’t let emotions get the better of you, this is a rally on no news and is driven by leveraged speculators not cash buyers.
Trade Idea
Increase outright long positions below $300. The near term target price is $320-$330, then take your portfolio flat. Use XBTH15.
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