Bitcoin after Recent Decline

In short: short speculative positions; stop-loss at $657; initial target at $527.
The customers of the recently hacked Bitfinex exchange will most likely share the losses resulting from the theft, we read on the Wall Street Journal website:
Bitfinex, the digital-currency exchange that lost $65 million to hackers last week, plans to spread the losses among all its users, including those not directly affected by the hack.
The Hong Kong-based digital-currency exchange said in a statement Sunday that the losses from the theft would be shared, or “generalized across all accounts and assets” of its clients, with each taking a loss of around 36%.