Crypto Trader Daily - 14 February 2014

Price Action$240 was taken and the price promptly shot up above $250. The retrace has taken the price down to the low $240's. The rally looks healthy with higher highs on rising volumes. $260 could be tested before the weekend is over.Trade IdeasAccumulate Bitcoin in the low $240's. Look for a retest of $250 and a possible rise to $260 in the next 48 hours. Use XBTG15 (27 February 2015 Futures Contract) to express this view.   In The News Bitcoin and Porn.com ( CoinDesk)

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