Metrics point to growth of bitcoin rate to $ 100,000 by September

Bitcoin's price has already taken some interesting turns this market cycle. After the recent correction tolevel of $45,000, there was a quick return to the resistance at $48,000, so bullish sentiment continues to prevail among traders.

They are supported by institutional demand and anticipation of further demand as Twitter has also expressed interest in buying bitcoins.

Traders are confident that Bitcoin is once again on an upward trajectory, although, according to Cryptanalyst Plan B, at this stage of the market price cycle, a drawdown of up to $ 40,000 will be considered the norm.

For example, there were more than 7 drawdowns on the way to ATH in the 2019 cycle, but this does not prevent Bitcoin from heading towards the $ 100,000 level from April to September 2021.

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In addition to the Plan B model and its predictions, otherindicators that indicate a steady rise to $ 100,000 are the balances of bitcoin whales and the number of active addresses. For example, wallets with a balance of more than 1,000 bitcoins are growing by 5% per month for the third month in a row.

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In addition, the crisis is intensifying on spot exchangessupply, and the outflow of coins is steadily growing, and the inflow is extremely far from peak values. Thus, the balances of bitcoins on exchanges are steadily decreasing to $ 2.3 million. All this is quite capable of ensuring the growth of BTC to $ 100,000 by the end of the year.

Where is it more profitable to buy bitcoin? TOP-5 crypto-exchanges

For a safe and convenient purchase of cryptocurrency, we have prepared a rating of the most reliable and popular cryptocurrency exchanges that supportDeposit and withdrawal of funds inrubles, hryvnias, dollars and euros.

The most reliable platforms with the largest cash turnover have been for several yearsthe largest cryptocurrency exchange in the world is Binance.Binance is the most popular crypto exchange in the CIS, as it hasmaximum trading volumes 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?

#	Cryptocurrency exchange	Official site	Site evaluation
1	Binance (Editor's Choice)	https://binance.com	9.7
2	Bybit	https://bybit.com	7.4
3	OKEx	https://okex.com	7.1
4	Huobi	https://huobi.com	6.8
5	Exmo	https://exmo.me	6.5

The criteria by which the rating is set in our rating of crypto-exchanges:

• Work reliability&#8212; 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.
• 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.
• Platform Features– availability of additional features &#8212; futures, options, staking, etc.
• final grade– the average number of points for all indicators determines the place in the ranking.

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