Bitcoin - Bull Run Starting?

in bitcoin •  7 years ago 

Check out the exponential moving averages looking to finally break this downtrend. If we can get a volume spike in the next 8-16 hours, we can see a change in market sentiment and bitcoin will start trending up again.

Fundamentally, bitcoin mempools have declined. Fees have declined substantially. Lightning network nodes are increasing. And future contracts are over... my bet, is that bitcoin is going to rise and test 13k then 17k then 20k. Once we break that 20k, 25k will be within range.

Legal Disclaimer: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes. This is NOT financial advice. I'm just a guy with an opinion and by no means an advisor for any kind.

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Interesting
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