Crypto Trader Daily – 8 March 2015

Price Action

$280 was breached early morning China time, but quickly succumbed to selling pressure. The $270-$280 range still held during the trading day. A breach of above or below this range should incite violent trading.


Trade Idea

Ride the momentum above $280 or below $270. Use the daily futures contract XBU24H.


In the News

Ross Ulbricht demands new trial (Arstechnica)