Cryptanalyst Benjamin Cowan predicted that the price of Bitcoin will no longer fall below the level of$50 thousandAccording to Cowan, as part of the current correction, the first cryptocurrency will not fall in price by more than 25% from the historical maximum of $69 thousand, set on November 10. RBC Crypto writes about this.
The analyst recalled that a similar situation occurred in September, when bitcoin corrected after reaching $ 52 thousand. Then the value of the asset dropped to $ 40 thousand (23%), and then it returned to growth.
Cowan also added that at the level of $ 51 thousand.the line of support of the current bullish trend passes. Even if it drops to this mark, it is highly likely that the cryptocurrency rate will push off and begin to rise, the analyst says. Cowen did not rule out that false breakouts of this level may occur, after which the quotes will again return above $ 51 thousand.
On November 28, the price of bitcoin dropped to a minimum sincethe beginning of October at $ 53.2 thousand.Since that moment, the cryptocurrency has risen in price by more than $ 4 thousand (7%). At 2:30 pm Moscow time on November 29, the asset is trading at $ 57.1K, and its capitalization is $ 1.08 trillion, according to CoinGecko.
Where is it more profitable to buy cryptocurrency? TOP-5 exchanges
For a safe and convenient purchase of cryptocurrencies with a minimum commission, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that support deposits and withdrawals of funds inrubles, hryvnias, dollars and euros.
The reliability of the site is primarily determinedtrading volume and number of users. By all key metrics, the largest cryptocurrency exchange in the world is Binance. Binance is also the most popular crypto exchange in Russia and the CIS, since it has the largest cash turnover and supports transfers in rubles from bank cardsVisa / MasterCardand payment systemsQIWI, Advcash, Payeer.
Especially for beginners, we have prepared a detailed guide: How to buy bitcoin on a crypto exchange for rubles?
Rating of cryptocurrency exchanges:
| # | Exchange: | Website: | Rating: |
|---|---|---|---|
| 1 | Binance (Editor's Choice) | https://binance.com | 9.7 |
| 2 | Huobi | https://huobi.com | 7.4 |
| 3 | Exmo | https://exmo.me | 6.9 |
| 4 | OKEx | https://okex.com | 6.5 |
| 5 | Bybit | https://bybit.com | 6.3 |
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability— stability of access to all functions of the platform, including uninterrupted trading, deposits and withdrawals of funds, as well as the duration of the market and daily trading volume.
- Commissions– the amount of commission for trading operations within the platform and withdrawal of assets.
- Additional features and services— futures, options, staking, NFT marketplace.
- Feedback and support– we analyze user reviews and the quality of technical support.
- Convenience of the interface– we evaluate the functionality and intuitiveness of the interface, possible errors and failures when working with the exchange.
- final grade– the average number of points for all indicators determines the place in the ranking.
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