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

in #bitcoin6 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.

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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!

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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.

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!

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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.

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

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

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