Incredible move ... Steem is next 

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like it how you give your opinions on different timeframe on the chart. btw the 'ads' in between is creative ! =)

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Hello James, Appologise if not to many of your followers understand the below technicals.

Looking at the 5 year chart it would appear that we may have found a bottom with, price finding support on the 200 MA. The screenshot below shows it bouncing twice.
![Bounced Twice of 200 MA.JPG](https://cdn.steemitimages.com/DQmXqA4cbo2w4dXG8dNSmbUuA3cw3JkyCo9KNxT6UoPWNas/Bounced%20Twice%20of%20200%20MA.JPG)

The 6 month chart below shows the bollinger bands tightening with price breaking through the 20 & 50 MA. The price looks to be rallying quite strongly on the short term towards the 100 MA with the 20 & 50 MA looking for a potential crossover soon. Depending on sentiment of BTC, the price will either find resistance around the $4,500 mark or breakthrough to peak around $5,600 before we get more resistance and a short to medium term sell off. I personally think the price will consolidate some more after that sell off, as the 5 year chart shows that the 50 MA has now crossed back underneath the 100 MA & the Bollinger bands are still quite separated. 
![Rally to touch 100 or 200 MA.JPG](https://cdn.steemitimages.com/DQmc3jyj4GjWTcSV1aumQQq6iog8xX8muiXD9yXbKrUAP37/Rally%20to%20touch%20100%20or%20200%20MA.JPG)

PS: I know that you will make more sense of the above technical's than most, so sorry if no one else gets it. Technical analysis of charts takes a lot of study, but at the same time is a lot of fun predicting what may or may not happen. James the above charts are based on the 20, 50, 100 & 200 Simple moving averages with a standard 20 MA Bollinger band. 

I personally believe that we have bottomed out on BTC, but still have quite some time before enough positive sentiment returns for the smaller moving averages & price to break back through the 100 MA on the 5 year chart. Afterwhich things will look far more bullish & we should then go on to challenge are previous $20K high. 

Quick Disclaimer ;-) : These are only my personal opinions based on the technical analysis as i see it. They are not a recommendation to buy or sell BTC. Any trade you make is at your own risk. DYOR! :-)