Price pop in bitcoin

Over last couple of days bitcoin price has enjoyed a bit of a mini surge and pushed up through some resistance. On linear chart bitcoin has pushed up through a number of these sloping trendlines now which seems, dare I say, almost a little bit bullish. So is it to the moon yet ? Heres […]

Rally to 312

For some wierd and absurd reason, and defying my own logic and reason I continue to follow sheep and look at prices of things in fiat, specifically US$ fiat. It is wierd because I consider myself to be quite enlightened about money so why do I do it? Why always look at US$ charts. Maybe […]

Testing Trendlines

I’ve written a ‘testing trendlines’ post in the past on this blog which I’m sure you can find via search if you are interested but anyway history rhymes and repeats and stuff so heres another testing trendlines post. Incidentally after a briefly flirting with a post about stock market I’m back to bitcoin for this […]

More evidence of green shoots

ON suggestion of JP in comments I’ve decided to look at some of my favorite indicators, although I initially inserted it into end of last post I’ve decided to give it a post of its own instead. Heres a look at btc-e with some of my favourite indicators added, chart shows candles of 1 week […]

Green shoots

On linear charts, while bitcoin still looks to be in a down trend and is well within the red downtrending channel shown below, and price is down 4% as I write, nether-the-less it appears there are some ‘green shoots of recovery’ starting to provide hope that the bull mode may resume. Heres a look at […]

The log trend

I’ve been playing around with the ‘all time log charts again’. Hours of fun can be had drawing different trends on that data. (To get ‘all data’ in bitcoin you need to bring MtGox historical data back into the chart, which is tricky in TradingView but can be done). So this chart comprises MtGox and […]