Price Action
The range today was $222-$227. During the afternoon a $5 spike took the price to $227. The momentum has stalled and it is slowly fading lower. Bitcoin is in a holding pattern, expect a decisive move in the early morning China session.
Trade Idea
With less than one week until expiry, sell XBTJ15 and buy spot to capture the $2 premium.
In the News
The Missing MtGox Bitcoins (WizSec)
Is Ethereum Vaporware? (CoinTelegraph)
Bitcoin Will Become National Currency in the New State of Liberland (forklog)