These Charts Show Why Bitcoin Is Heading To The Moon

in #bitcoin7 years ago (edited)

*I am not a financial advisor, this article contains the analysis and thought of mine. Please trade and invest on your own risks.

Screen Shot 2018-05-03 at 4.47.42 PM.png

33% surge in Bitcoin on April 2018 is an alert signal to investor to get back into the crypto game. Following image shows the chart of end of 2017 to 2018. Over the past years, Bitcoin drop drastically usually at the beginning of the year or end of the year. Therefore, the future is bright, big movement is happening meaning the lower high and higher low it represents equilibrium that there's a debate some love the technology behind some are just speculative. It going to get resolved violently. on Feb 6 2018 dropped over the line it retrace immediately with a huge pump. If it go over 12000.0 with a huge pump Bitcoin will return to 19000.0 or even go beyond within this year.

The following news explain what could lift Bitcoin Prices To New Highs

DateNewsFurther Reading
MAY 03, 2018Reddit to Re-Enable Bitcoin Payments, Ethereum and Litecoin Support ComingLink
May 2, 2018Goldman Sachs to Open a Bitcoin Trading Operationlink
MAY 2, 20183 Things That Could Lift Bitcoin Prices To New HighsLink
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