Bitcoin Price At Beginning of an Extremely Important Decline

Briefly: short speculative positions, stop-loss at $257, take-profit at $153.
There’s been a plunge in the price of Bitcoin and this is reflected by an uptick in the (already relatively high) number of news stories covering the “Bitcoin crash” or how much the currency has lost since its peak values. On CoinDesk, we read:
The bitcoin price has plunged below $250 and appears to be falling further, as sell orders pile up at major exchanges.