Don't be surprised if Bitcoin is trading over +$28,000 by the end of August! The data suggests that this is highly probable..!! Current Price = $6,902.86.

in investors-group •  5 years ago 

Cryptocurrency News: #Investors-Group

#Bitcoin (BTC) Price Chart

#Steemtalent Promo-Steem Investors-Group Bitcoin

Historical Models - Don't be surprised if #Bitcoin is trading over +$28,000 by the end of August!

I was running some historical models earlier on #Bitcoin and wanted to share with you the conclusion.

After back-fitting the #Bitcoin historical prices to the model, the conclusion is simple, don't be surprised if #Bitcoin is trading over +$28,000 by the end of August!

The data suggests that this is a highly probable..!!

#Bitcoin (BTC) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 7 Days

#Steemtalent Promo-Steem Investors-Group Bitcoin

#Bitcoin (BTC) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 100 Day look back (New Screen)

#Steemtalent Promo-Steem Investors-Group Bitcoin

#Bitcoin (BTC) Current Price

#Steemtalent Promo-Steem Investors-Group Bitcoin

#Bitcoin (BTC) Technical Analysis

Remains Long Term Bullish.

With a current Market Capital of approximately $122,142,026,702 and Ranked Number 1 in the #Cryptocurrency Market, #Bitcoin (BTC) recently received a strong technical buy alert as it passed through the 200dMA.

Current Price = $6,902.86.

We maintain a Long Term BULLISH recommendation on #Bitcoin (BTC) and will continue to monitor the technical analysis over the next few weeks/months.

Thanks again for reading.

Stephen

#Investors-Group - Cryptocurrency News

Please feel free to use the #Investors-Group tag for: Stocks, Cryptocurrencies, Commodities and Investment related Blogs.

#steemtalent Promo-Steem Investors-Group Stephen Kendal Steemit Steem

Disclaimer

Please note that the above information is for educational purpose only and is not to be taken as investment advice. Other Cryptocurrencies are available.

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I need to get more now

Not so sure about that!

Looking at Bitcoin at the moment on the charts, it is in a parabolic move upwards - this normally means a correction quite soon.

Yes, Bitcoin will get to $28,00 , but I disagree that it will be by August 2019.

What are your predictions for Steem and DigiByte as both have not really participated in this recent rally from November 2019?

I would not be surprised... back over 6900 USD in such a short order...

Surprisingly steem is not moving with bitcoin, hope it will follow bitcoin soon.