Price Action
Another quiet range bound day of trading. Bitcoin fluctuated between $255 and $265. The market experienced a jolt of activity when BTC-e temporarily halted withdrawals in an attempt to thwart the laundering of suspected stolen Bitcoin from Evolution.
Trade Idea
Use XBU24H trade in the $255-$265 range during low volume periods.
In the News
BTC-e temporarily halts withdrawals (Reddit)