Bitcoin is back on the Move, what to expect!

in #bitcoinlast year

Bitcoin price is moving up and the charts show that this time it might continue a bit longer.

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As you can see the price is continuing to move up while the RSI is no longer over bought, this indicates that we lots of room to move up before we are overbought and correct again.
Aside from the charts, Bakkt is set to begin testing this month:
https://www.coindesk.com/bakkt-sets-july-test-date-for-bitcoin-futures.

Other big news in the crypto space is Lite Coin block reward halving, this could be foreshadowing for what we will see with Bitcoin in 2020.
https://www.newsbtc.com/2019/07/08/less-than-a-month-to-litecoin-halving-can-ltc-push-higher/

The bottom line is the block reward halving is what has continued to push the price of Bitcoin higher and higher over the years consistently and 2020 will be no different.

I am not a financial adviser and this is not financial advice, invest at your own risk.