State of the Bitcoin Market 9 Jan 2015

State of the Bitcoin Market 9 Jan 2015

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In October 2018, First Global Credit rebranded to Panxora. Any references to either company should be treated the same

Over the past few days market action is starting to look mildly constructive; It is encouraging enough to suggest that we dip our toes back into the market.

We are entering to buy of a 25% position at the current price (284 at time of writing) with a further 25% bid below the market at 271. Protective stops should be placed below the 250 level. I would recommend a very disciplined use of Stops at the moment as a further slide can’t be ruled out.

We will build on this position if the market starts to trade higher.

Good Luck

Gavin Smith
Chief Executive
First Global Creditstate_of_the_market_9.1.2015