scrobble.life
#bitcoin

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

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

Comments · 32

  • @naltedtirt(67)· 2701d

    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!!

  • @isacoin(65)· 2701d

    lol good luck with that

  • @cryptoandzen(51)· 2701d

    @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

  • @miztauti(25)· 2701d

    There is need for correction before going over $13000

  • @oivas(71)· 2701d

    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

  • @berniesanders(77)· 2701d

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

  • @shanghaipreneur(72)· 2702d

    10 grand incoming. For real?

  • @androsmagnum(31)· 2702d

    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.

  • @kyleharuna(39)· 2702d

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

  • @cryptocorn(26)· 2702d

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

  • @vegaron(64)· 2702d

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

  • @jackramsey(61)· 2702d

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

    Posted using Partiko Android

  • @cattleofra(38)· 2702d

    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.

  • @farm-mom(73)· 2703d

    I have HOPE

  • @dyllydylly(25)· 2703d

    Let's hope so!

  • @arcange(79)· 2703d

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

    • Pending payout - Ranked 1 with $ 166,19
  • @abdurrahiim(34)· 2703d

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

  • @cehu(47)· 2703d

    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

  • @alikhans(41)· 2703d

    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

  • @afruza(46)· 2703d

    awesome

  • @minnowvotes(6)· 2703d

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

  • @bythenumbers432(50)· 2703d

    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.

  • @ronel(61)· 2703d

    Oh yeah! This is exciting!

  • @arafathsunny(45)· 2703d

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

  • @travelersmemoire(58)· 2703d

    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

  • @joeparys(74)· 2704d

    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!

  • @boomerang(53)· 2704d

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

  • @platomaniac(61)· 2704d

    Verry Good Story and Report. I like it!

  • @emperorofnaps(18)· 2704d

    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!

  • @brupvoter(62)· 2704d

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

  • @edensgarden(7)· 2704d

    Thanks for using @edensgarden!

  • @steemium(62)· 2704d

    About 112.7$ has been spent to promote this content using