Post
Topic
Board Bitcoin Discussion
Re: Is the Next Bitcoin Bull Run Started?
by
kaya11
on 13/05/2019, 05:50:50 UTC
Bitcoin is now trading above $7200 and continue to rise from the last two months. Bitcoin is now trading above 50 and 100 weekly MA which is known as a bullish sign. The golden cross has already happened (daily 50 MA crosses 200 MA).

Bitcoin has 14 green weekly candles in the last 17 weeks.

Even after the Tether, Bitfinex fud and Binance hack the price continue to rise.

Is the Bitcoin bull run started?

What are the main leading factors of this bull run?

This is something like a wake up call. Bull Run? If people knew that already they would have put their money all by now but it isn't. The big players are back, professional traders. This is a minor comeback, we are too far from where we had left. We can't know for sure unless we overcome that last ATH, that is where it should be if the bull market will start.