Bitcoin Reflections: Bans & Hacks The resolve of coin holders is certainly being tested. After the euphoric blow out at the end of the year the last couple of months have been humbling. The last week has not been an exception. Long weekends are notorious in the world of Bitcoin. Volatility spikes as the institutional traders take a break and the market frequently sees large price movements. For seasoned traders who have built and mastered their trade setups, these can be very profitable opportunities as well. However for the market as a whole and long term holders, it can be quite gut wrenching. Let’s look back at what conspired this week to get an idea the few fundamental and technical factors that caused the volatility in the market place. India’s blanket ban on crypto currency trading: One of the pieces of news that got a lot of coverage was a statement ......