I had a gut feeling the last time Bitcoin rallied ie about 15 days ago when I published this post https://steemit.com/bitcoin/@prakashghai/bitcoin-jumps-cryptos-pump-price-summary-btc-steem-sbd
The price back then was $6674
And I am happy that today my gut feeling came true and Bitcoin has rallied to $7350
Up by a very handsome 10%
Thus, reviving the overall crypto market sentiment.
The charts look so beautiful for Bitcoin.
Here is the 1 Day Chart
Here is the 7 Day Chart
Now take a look at the 1 Month Chart
Those are pretty bullish charts to look at.
Now, lets also look where lies the 200 day moving average as on date.
Ok so the 200 Day Moving Average is now at $8907
Once we clear that, its anybody's guess what could be Bitcoin's next stop for price.
Chart Source:
- Coinmarketcap.com
- BitcoinPile.com
Disclaimer: This is not investment advice. Do your own research.