Bitcoin Price Analysis – A Grizzly Start to the Week
price closed the week up 1.5% at $3789, despite the green candle close, the bears have taken control in the early hours of Monday morning, pushing price back into the $3600 range. We take a look at what this means for the week ahead.
The weekly chart for shows price 00 continuing to be locked within the range of $4100 and $3200, with only a few hours of $100 either side, for 15 weeks now.
For the bulls, there are relatively in the weekly chart with price printing higher lows and making an attempt at higher highs.
The MAC-d is also crossed bullish with its signal line, and the histogram printing a higher high last week. The mac-d itself is still below zero but is trending upwards.
Looking further at the Mac-d, not only is the mac-d crossed bullish, but it has built a double bullish divergence across a 12 month period. This is an unusual event, which as only occurred previously in March 2015. The key thing traders will look for is if the histogram can remain positive over the next weeks.
The early rejection of the $3800 range on Monday would imply that price will want to trade in this range for the next few days at least.
DAILY CHART
The daily chart shows that there is a cluster of support, which lies below for . The 100 and 50 DMA stand at around the 61.8% retracement level, with the 78.6% resting just above the $3500 handle, beneath which is the fast-rising 200-week moving average.
The Daily Mac-d is crossed bearish and implies that there is more downside to be expected. The CMF, which incorporates both price and volume, shows that there is continued underlying buying pressure, but it has also been trending down since mid-February.
Should price find support early in the week and subsequently trade above $3800 again, it would be a bullish sign and could imply the door would be reopened to re-testing $4200.
Overall there is a mixed picture for price action:– lower timeframes suggest downside risk lies ahead, but on a macro level there are signs that does want to move higher if the bears fail to break 3k with conviction during March, which will be a critical month.
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Bitcoinist has compiled a list of ten VPN providers that will gladly offer you their services for your bitcoin.
Why VPN?
One of the primary reasons for purchasing a service is to keep your online activity private. It is ironic, then, that some still choose to buy their VPN service via a payment method tantamount to a suitcase filled with marked bills and a transponder — which, if you’ve ever seen No Country for Old Men, you’ll know is a very bad idea.
The most commonly used online payment methods, PayPal and credit cards, are among the easiest to trace, funneling out to tax entities, third-party processors, and enormous — as well as enormously connected — financial institutions. As if this weren’t bad enough, PayPal and credit cards also charge steep that drain revenues from VPN providers, making them dependent on income that can, at the whim of the banks and legislation, vanish without a trace — unlike the information they will keep on you.
Looking for privacy along the entire transaction many consumers now opt for anonymous payment methods like bitcoin to purchase VPN services. With bitcoin, as long as you employ the full range of the system’s features — like and aliases — your transactions will not identify you.
Also, since bitcoin is a decentralized payment method, no corporation, government, or financial institution can shut it down. Lastly, bitcoin is fast, cheap, and safe: Its transactions wait on no clearing times, its transaction fees are often far lower than those of a standard credit card, and it provides excellent fraud protection.
Because of this, several prominent VPN providers now accept bitcoin payments (while some no longer accept credit card payments at all). Since the differences between these providers can be a bit nuanced, however, a can help you in figuring out which VPN is the best fit for you.
With more than 1250 servers in over 42 countries, TorGuard ranks highly among the elite VPN providers. It even works in countries where VPN protocols are government-filtered, such as Iran, China, Syria, and the UAE. However, there is no trial software and some consider the website a little confusing to navigate.
Private Internet Access
This VPN service is known for its minimalist efficiency. Ad-blocking, one-click activation, and fast performance are among its highlights, though a few users find its spare design off-putting.
IPVanish VPN
Solid speeds, a straightforward interface, and automatic IP address cycling are a few perks of IPVanish. It is spendier than some other VPNs, however, and though its interface is user-friendly, visually it leaves something to be desired.
Express VPN
Netflix, BitTorrent, and P2P are all accessible with the highly versatile Express VPN. Though international downloads are fast, in general this VPN tends to be on the slower side. Also, like IPVanish, it is expensive.
VPNArea
Registered in Bulgaria, hosted in Switzerland, and operating in 54 countries (including Saudi Arabia, South Africa, and Russia), VPNArea provides unlimited bandwidth and a kill switch system. VPNArea has been accused, however, of poor customer service and slow speeds in the more out-of-the-way countries.
Air VPN
No logs, port forwarding, and a stable connection make Air VPN a favorite among those wishing to protect their anonymity. Among its cons: It does not offer an abundance of server locations, and using the service can sometimes necessitate an advanced knowledge of VPN configuration.
IronSocket
This service is direct and easy to understand, and its users love the ability to download customized open VPN settings. Even so, some reviewers have cited its lack of special features (like a kill switch and DNS leak protection) as deal breakers.
Anonine
This VPN boasts IP shuffling, no restrictions, and a no-logging policy. Even so, its customer service has left a few users feeling less than satisfied.
SaferVPN
With a dedicated Chrome extension for added security, SaferVPN delivers a reliable performance and welcoming interface. On the downside, it does keep logs and requires additional payment to get more connections.
ShadeYou
ShadeYou is simple to use, allows five simultaneous connections, and its Dutch registration source guarantees maximum privacy by law. Some users have criticized small defects in its webpage, though, as well as occasionally slow speeds.
These are 10 good VPN providers that accept bitcoin, there are probably more as there are dozens of VPN companies out there, but these will all do the job for you. If you want to dive into the details of each we do recommend visiting a third party comparison site for real in-depth analysis.
Have you paid for VPN services in bitcoin? Share your experience below!
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