A new $250-$260 range has been established. The price spent most of the day hovering around the $254 level. The price appears to be firming up above $250. Early morning of 1 March China time will be interesting. The price has a habit of large moves while most Chinese traders are asleep or at the bar.
Increase long positions around the $250 level. Look for a decisive break above $260 in the early morning on the 1st of 2nd of March. Use XBTH15 to express this view.
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