BTC SUPER BULLISH by erodriguezc11

bitcoin · @erodriguezc11 · Aug 12 '17

$3.71

BTC SUPER BULLISH

# BTC OVER 3800!

The bulls took control overnight and made a rally of almost 200 USD to 3840! 

![](https://steemitimages.com/DQmRFGFPrjt6nmkogi6VfD3P4dPPpLDN8WK8geaQj9ui7XL/image.png)

You can see the closings above the band signaling an overbought market, a correction is expected but the bulls would want to take it to 4000 first.

Let's go to the 4 hr chart where a channel marks us support around 360 and resistance just above 3900. Again overbought closings.

![](https://steemitimages.com/DQmTFhTD4Z3et8JUGPCHjpiMc4NpQbBBSjpHG4oCEGkLqhQ/image.png)

# BUT WAIT

Shorter term charts (30 mins and 15 mins) show a market consolidating gains ready to go up again. 
30 min support in 3800 
Resistance in the ATH: 3840

![](https://steemitimages.com/DQmSmGncmZ3VJmgbH6qJRev1C6sboPRe4VKxgJakhGvH7Ka/image.png)

**Will it hit 4000 this weekend? Is there any bear left? COMMENT BELOW!**

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👍 minnowbooster, randowhale, good-karma, minnowsupport, atulmittal, lionpk, gleeson.thomasr, quotesteemit, elyaque, cheftony, erodriguezc11, clixmoney, dado13btc, pheonike, adept, lastminuteman, balditron, anarcho-andrei, drotto, swisswatcher, esteemapp, feruz, steemprentice, ghasemkiani, shadowspub, stephen.king989, devinator2737, ogochukwu, meysam, allyouneedtoknow, gamerveda, shellyduncan, upgoat, engraqin, choogirl, shawnfishbit, n1kofi, lime, tinashe, pusteblume, diana.catherine, hitmeasap, kolex, germanaure, jhermanbeans, gindor, ch00fy, eyegasm, resheep, justinashby, pomperipossa, randowhaletrail, endaksi1, banjo, rycharde, markfitzgerald, edrivegom, starrkravenmaf, drwom, cryptohustler, arilunedutaur, manandezo, bounties, steempoll, and 50 others

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@dado13btc · Aug 12 '17

Waiting for correction to 3400 on monday!

👍 dado13btc

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@kolex · Aug 12 '17

There are speculaton in everal quaters it could reach 5000usd by december and it very well could the attention and drive currently in the crypto space is wild and not slowing down any time soon. Is a bubble brewing? Yes i think it is but we would most likely still see phenomenal things on the ride to the burst.
Hang unto your seats and fasten your seat belt.

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@resteembot · Aug 12 '17

This post was resteemed by @resteembot!
Good Luck!

Learn more about the @resteembot project [in the introduction post](https://steemit.com/resteembot/@resteembot/resteem-bot-introduction).

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@minnowsupport · Aug 12 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by erc11 from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

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@drotto · Aug 12 '17

<p>This post has received a 1.56 % upvote from @drotto thanks to: @banjo.</p>

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@eirewolf · Aug 12 '17

I had not expected it to jump like that after the fork... thought it would still be around 2900 right now.

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@lolcat · Aug 12 '17

will it go over 10,000$?

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@erodriguezc11 · Aug 12 '17

$0.02

There are people saying it could get even to 1 Mill! I wouldn't dare to forecast in that much longer term, i think that getting to a steady $5,000 by the end of the year would be great and healthy

👍 erodriguezc11

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@clixmoney · Aug 12 '17

Amazing, I am in love with bitcoin  ♥ ☺ ♥

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@minnowbooster · Aug 18 '17

@minnowbooster upvoted this post!

![@erodriguezc11 got you a $1.58 @minnowbooster upgoat, nice!](http://minnowshares.net/upgoat/?user=erodriguezc11&receiver=erodriguezc11&value=1.58&hash=464)
*@erodriguezc11 got you a $1.58 @minnowbooster upgoat, nice! (Image: pixabay.com)*
---
[Want a boost? Click here to read more!](https://steemit.com/minnowbooster/@minnowbooster/6rt2mn-introducing-minnowbooster-beta)

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@die.berliner · Dec 2 '22

properties (22)

@gabris · Mar 22 '23

properties (22)

@rev.lav · Jun 16 '23

properties (22)

@gabris · Aug 28 '23

I'm hooked!

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@zuricher · Dec 5

This is gold!

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@randowhale · Aug 18 '17

This post received a 2.9% upvote from @randowhale thanks to @erodriguezc11!  For more information, [click here](https://steemit.com/steemit/@randowhale/randowhale-is-now-only-1-steem-sbd-per-vote-spread-the-news)!

👍 thesloth
👎 l0k1

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