Crypto Trader Daily – 7 March 2015

Price Action

Today was relatively quiet with $270-$276 range bound trading. The $270 purgatory will be shattered soon either on the upside or downside. At the present moment there doesn’t seem to be a robust case for either direction, so better to sit back and wait for the market to speak.


Trade Ideas

30 day realised volatility has fallen off a cliff since the beginning of 2015. If you believe big up or down moves are ahead in March, consider buying BVOLH15 to profit from a spike in realised volatility.


In the News

Where in the world is FriedCat? (BTC Reporter)

HK Police arrest 5 in MyCoin ponzi scheme (CoinTelegraph)

Bitcoin micro-payments debut on several chat platforms (CoinDesk)