My target is 277$-285$ on futures (probably 295$ on quaterly)...I expect before a retracement to 243$ to increase any long position but it doesn't have to happen. I won't short anytime soon as the risk of instant margin call is too high when Bitcoin goes parabolic... https://www.youtube.com/watch?v=0akBdQa55b4
Yeah, odds are that we will breakout and exit the 200$ level. For now there is room for another leg down so we would have like 230$ as a launch pad for the next rally but we still got a big support at 240$. If we go sideways the next days we will probably breakup without any dump.