A closely watched momentum indicator signals a near 200% rally for bitcoin, in one chart

in #bitcoin5 years ago

Bitcoin enjoyed a big jump. Early April is shaping up very nicely for the largest cryptocurrency.

Chartist are excited pulling the bulls out of the woods. Bitcoin crossed an important level which has many believing a change in sentiment is in order.

Bitcoin closed above its 200 day moving average for the first time in a year. This has bulls very optimistic since it traditionally meant a 193% run.

From the present level, this would mean a jump above $13,000.

Click on image to read full story.

bitcoin.jpg

Sort:  

I could definitely see a huge jump in the future! I’d guess 200% by June and maybe 250% by August. Steem in my opinion has even better potential though!

Posted using Partiko iOS

Good to see some movement back in the crypto space. Keeps it exciting. Not sure how much BTC will go up however enjoy the ride while it lasts.

Oh, much profits here to be made by all! Thank you, oh wise one!

I hope the bull continue, I want to see BTC to return to 7k at the very least

@finprep, nice post, resteemed

Relex Development is now providing avenues for people to invest their crypto $ into crowd funded real estate developments up to $50 m in different parts of the world.

It is also funding community infrastructure projects in different parts of the world and are also offering in property investment funds via Canadian based Woodfine etc. It is a good opportunity to invest crypto money into physical assets and real estate financial assets which generate cashflow. It is really going under the radar but not for too much longer.

https://www.relex.io
https://www.relexcapital.com

Verry Good Story and Report. I like it!

awesome

🎁 Dear @afruza,

SteemBet Seed round SPT sale is about to start in 2 days!

When our started the development of SteemBet Dice game, we couldn’t imagine that our game would go so viral and that SteemBet would become one of the pioneers in this field.

In order to give back to our beloved community, we’ll distribute 4000 STEEM to SPT holders immediately after Seed sale. Plus, investors in this earliest round will be given 60% more tokens as reward and overall Return on Investment is estimated at 300%!

Join the whitelist on SteemBet webiste now and start investing! Feel free to ask us anything on Discord https://discord.gg/tNWJEAD

spt-sale-2-day.jpg

Why are people more concerned on the price of these technologies than the technologies themselves? I would really like to see the same engagement from the community when it comes to the technologies that are currently being developed and not just about the profits and losses.

About 112.7$ has been spent to promote this content using

Thanks for using @edensgarden!

You got a 36.31% upvote from @brupvoter courtesy of @steemium!

You got a 33.33% upvote from @emperorofnaps courtesy of @steemium!

Want to promote your posts too? Send 0.05+ SBD or STEEM to @emperorofnaps to receive a share of a full upvote every 2.4 hours...Then go relax and take a nap!

This post has received a 32.95 % upvote from @boomerang.

Rally, indicator signals and for bitcoin, in one chart , ooo good

Oh yeah!
This is exciting!

You got a 5.77% upvote from @minnowvotes courtesy of @steemium!

Amazing blog thanks dear @finprep helpful article......
every two years bitcoin added extra zero......
2k19 i see BTC touch 100000$ in the end of year.....just share experience

Posted using Partiko Android

We'll see how big the retrace will be when it gets to 6k...13k is just a dream for me so far
As for steem hope it follows because I just got into it a bit

Right,bitcoin is a many dear,,,thank you,,,,👍👍👍

Congratulations @finprep!
Your post was mentioned in the Steem Hit Parade in the following category:

  • Pending payout - Ranked 1 with $ 166,19

Let's hope so!

I have HOPE

Eager for this to happen. Hopefully it continues to shape up.

Posted using Partiko Android

Hi, your article was interesting, Anyway i'm new on steemit. Nice to meet you!

I'm not really sure if this really a bullish trend or just another trap but let's hope it's real bullish trend!

Investing in Cryptocurrency now, is the best you can do, even if you do it after the 'Big Wave' coming... See it as its philantrophic line, the same it has Liberland; the most prosperous Country of this century. Liberland its now a fact; nobody cant stop it because its sustained by Social Contract, not by the State nor any Reserve.

10 grand incoming. For real?

I hope so too. Imagine Bitcoin at 12 k and Steem at USD 4. In fact, I feel Steem can go way higher considering the momentum that exists at the moment.

Posted using Partiko Android

There is need for correction before going over $13000

lol good luck with that

I have .30 BTC and am looking forward to a bigger jump. I am sure articles like yours will assist in moving Bitcoin higher. Thanks!!

You got a 26.00% upvote from @joeparys! Thank you for your support of our services. To continue your support, please follow and delegate Steem power to @joeparys for daily steem and steem dollar payouts!