Crypto Trader Daily – 12 March 2015

Price Action

$290 fell, and the price briefly touched $286 on Bitfinex. The price has settled back above $290, but is poised to take another leg down. $280-$285 looks likely before another run can be made above $300.


Trade Idea

Increase your portfolio’s short exposure above $290 with a target price of $280-$285. If $280 is breached, consider this bull run over. Use XBUH15.


In the News

IBM believes they can develop a better Bitcoin (CoinDesk)

Contact Charlie Shrem in the slammer (Charlie Shrem)