Post
Topic
Board Speculation
Re: Bitcoin to get to $5,000 before end of this week!
by
Theb
on 09/10/2017, 04:43:44 UTC
I have seeing a very strong buying signal across most of the exchangers platforms and I think $5000 is already at hand.  Currently bitcoin's price is at $4607 and if we get another serious push again we may break the resistance at$4950 area. I have also See MACD and relatively strength index showing a very strong bullish momentum.
What indicators did you use in order to know that Bitcoin will go up to 5000$? I also see that the MACD is on a bullish divergence but from what I learn the MACD is not reliable anymore above the range of 200 which it is now. Also backing up my story is the non-increasing volume which does not show an increase in demand. This might well be a price manipulation in order for the price goes up so beware of a sudden price change as the charts says it so/