Technical Analysis: Roman Circus at the Bitcoin Exchange?

Technical Analysis: Roman Circus at the Bitcoin Exchange?

The bitcoin price started a brief lateral movement period to accomplish the end of its first main technical cycle. Now, a congestion area is providing an accumulation opportunity, with support at $600 and resistance at $820, preparing for the rise to $1800. The past rounded-bottom is history, and now fundamentals, political factors and news are inconsistent enough to allow the current congestion area before a new rise to the annual objective near $1800. Technical tools are giving good signals to trade during an accumulation time period while the next big pattern takes place. Small,....


Related News

Podcast: Roman Mandeleil - Ether.Camp

Get out the marshmallows because this episode is intense, pun intended. Now, bear with us as we experienced technical difficulties with slight audio annoyance from Roman’s mic. Nevertheless, the content is pure fire, so hopefully those Airpods you got from Santa are retardant.sizzle* Roman Mandeleil from Ether.Camp moseies on over to the campfire to speak with the trio, about all things Ethereum. Roman uses our platform to discusses Ether.Camp’s most recent hackathon and his top 3 favorite projects. He goes on to explain his vision of Ether.Camp and its future goals. Listen to Roman....

Digital Denarius: How a crypto revolution could have saved the Roman Empire

As Venezuela and Iran find themselves caught up in the cryptocurrency revolution, could this have saved the Roman Empire from crumbling into infighting and crippling inflation? Two currency crises two thousand years apart. Modern-day Venezuela and the Roman Empire have more in common than you might think. Both know too well the dangers of soaring inflation and a collapse in investor confidence. But, only one has crypto on its side.Venezuela’s official currency, the bolívar, has suffered from hyperinflation for half a decade due to repeated currency devaluations, minimum wage rises and....

Bitfloor Back in Business

Mihai Alisie (left) conducting an interview with Roman Shtylman (right), the founder of Bitfloor, to be published in an upcoming article. Bitfloor, a New York based Bitcoin exchange, is now back up and running after a thief stole $250,000 worth of Bitcoins[1]from a backup on one of its servers. Roman Shtylman, the founder and operator of Bitfloor, wrote a blog post[2]promising that he is still working to return users Bitcoin funds, but that it was important to get the exchange back up and running quickly so as to not erode confidence in the continuation of the exchange any further.....

Interview with LibreTaxi: The ‘Free Alternative’ to Lyft & Uber

Bitcoinist spoke to Roman Pushkin, founder of LibreTaxi, an open-source ridesharing mobile app that will soon support Bitcoin payments, to find out more about his vision for this “free alternative” for Uber and Lyft. Ride sharing applications are becoming part of our daily lives. However, there are just some areas apps like Uber and Lyft don’t cover and a certain currency – Bitcoin, of course – that these simply do not accept as a payment system. However, new alternatives are popping up, shifting the focus on rewarding the driver and empowering the user by retaining no profits and making....

Bitcoin Price Technical Analysis for 25/12/2015 - A Quiet Christmas for Bitcoin?

The Christmas isn’t turning out to be merry for Bitcoin. The cryptocurrency is struggling near the overhead resistance of $465. It is now trading 1.28% lower at $450.89, raising concerns that the market participants might pull out their funds in the holiday season. As a result, several technical indicators are also showing declines. We advised in the previous Bitcoin price technical analysis Target Achieved that traders should book at least partial profits in their long positions. And for today’s analysis, we will again be using the 4-h BTC-USD price chart from BITSTAMP.