Bitcoin finished the week at $6975, up a staggering 22 percent. With the market echoing the parabolic moves of late 2017, let’s take a closer look at the price action to see if this is the beginning or the end of the rally for Bitcoin. Bitcoin Price Weekly Chart Looking at the weekly chart we can see that bitcoin price is showing extremely strong momentum and has entered a parabolic move. The MacD is nowRead MoreThe post Bitcoin (BTC) Price Analysis: This is the Next Bull Target if $7500 Breaks appeared first on Bitcoinist.com.
