All is quiet ahead of the return of the Chinese traders after the lunar new year holiday. A very quiet day with the price flirting around the $240 level. Trading volumes should begin to pick up tomorrow morning Asia time.
In anticipation of the return of price volatility, buy BVOLH15 (the historical volatility future expiring in March). 30 day realised volatility could climb back above 150% if January’s gyrations are repeated.
In the News
Another Bitcoin miner bites the dust (CoinDesk)
Ryan Kennedy of Moolah arrested in the UK (Coinfire)
Troika happy with Greek proposed reforms (Zerohedge)