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. by stephenkendal

investors-group · @stephenkendal · May 11 '19

$1.66

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.

<h2>Cryptocurrency News: #Investors-Group</h2>
 
<h2>#Bitcoin (BTC) Price Chart</h2>
 
![#Steemtalent Promo-Steem Investors-Group Bitcoin](https://cdn.steemitimages.com/DQmPbEEGtThSAQLn29pTdBf931jGx5uL21aiGbL2yAGACFg/BITCOIN.png)

<h2>Historical Models - Don't be surprised if #Bitcoin is trading over +$28,000 by the end of August!</h2>

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..!!

<h2>#Bitcoin (BTC) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 7 Days</h2>
 
![#Steemtalent Promo-Steem Investors-Group Bitcoin](https://cdn.steemitimages.com/DQmPzRXVUXsZntBmrru9rDJDThqDjiEUKYh2RW7yxPcdUqf/BITCOIN%20dMAs%20screen%207%20day.png)
 
<h2>#Bitcoin (BTC) #dMAmapping⇗⇗⇗⇗⇗⇗ Screen - 100 Day look back (New Screen)</h2>
 
![#Steemtalent Promo-Steem Investors-Group Bitcoin](https://cdn.steemitimages.com/DQmNsZeTZioBHZVt2BayhGJyN7ohkVsiJ6X2LgHw7qX7sQH/BITCOIN%20dMAs%20screen%20100%20day.png)
 
<h2>#Bitcoin (BTC) Current Price</h2>
 
![#Steemtalent Promo-Steem Investors-Group Bitcoin](https://cdn.steemitimages.com/DQmdF3LLfvS2wvr2jMjTRs3KMk3VcaMnRY5FL59R5nziBsu/Price.png)
 
<h2>#Bitcoin (BTC) Technical Analysis</h2>

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
<h2>#Investors-Group - Cryptocurrency News</h2>
 
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](https://steemitimages.com/DQmfMKnChcoqYd6ThvAutbKv1LewdFQYJkWcyRpSz6pNS8i/Investors-Group%20logo.png)
 
<h2>Disclaimer</h2>
 
Please note that the above information is for educational purpose only and is not to be taken as investment advice. Other Cryptocurrencies are available.
 
<h2>#Steem Community</h2>
 
Rewarding content in the #Steem Community.
 
![rewarding content in the steem community - Header and Footer Banner.png](https://cdn.steemitimages.com/DQmbocLqr8CFHsP1NGPoutKi2BNsCpotSC5dUN5GwdeBahG/rewarding%20content%20in%20the%20steem%20community%20-%20Header%20and%20Footer%20Banner.png)

👍 stephenkendal, daveks, stimp1024, mes, vortac, freeforever, mantishands, agrostis, dobartim, ghostwriter82, bitcoinsig, positivebalances, littleboys-faiz, etcmike, rickygunawan, lovemetouchme2, hotsauceislethal, muhammadrizki96, miti, bluegums, krishatnet, zugs, cryptoeagle, liquidtravel, mrakodrap, cryptoshack, cata22, myusuf01, herryazmi11, munawarkhalil, taufiqmustafa, omacrypbiz, wikifacts, germano, oghie, gabrielarondon, sellergenius, nordal, sanyjaya, damoen, albipratama, lisnizar, zahratulmulia, kulin12, rizkirz, rismawar, arsyilasani, saqibnazir, intansafrina, mikeaga888, juvyjabian, intansuryani, injiskitchen, sellout, muhammadmd, husnulkhatimah, pandaparker, d33rgod, joesyter, lindawis, viulina, goodpower, selfya

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@cata22 · May 11 '19

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

👍 cata25, cata22

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@stephenkendal · May 11 '19

Shared on twitter. Stephen

https://twitter.com/StephenPKendal/status/1127254837220061184

![20190511_175938.jpg](https://cdn.steemitimages.com/DQmcatHqvd15KkpmiRGBPridHn8LKvC4xbJuyut5oirvHhp/20190511_175938.jpg)

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@ssjsasha · May 11 '19

$0.39

I need to get more now

👍 ssjsasha, ezravandi, elviento

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@krishatnet · May 11 '19

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

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@agrostis · May 11 '19

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?

👍 jadabug

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