Amsterdam Stock Exchange trader Michael van de Poppe believes that the most likely potential for price growthBitcoin (BTC) in the current market cycle is notexhausted. In order for cryptocurrency number 1 to continue to grow further, it is enough for it to hold the level of 61 thousand dollars. In the fact that there is currently a noticeable increase in the prices of many altcoins, he sees a sign that bitcoin is able to rise even more in price.
The analyst believes that Bitcoin price fluctuations up tothe level of 61 thousand dollars will be just that moment of market consolidation, which is necessary for the asset price to go up again. If bitcoin goes below the level of 58 thousand dollars, then the entire cryptocurrency market can expect a noticeable downward correction, and if for bitcoin it will be a decline of 3-4%, then for altcoins the analyst in this case expects a decrease by an average of 10-15 %.
#Bitcoin is fine above that gray zone. That's the crucial breaker for now.
If that holds, then I’m assuming the grind upwards will continue.
Given the strength on #altcoins, it will be crazy. pic.twitter.com/LzCFq3RlLb
- Michaël van de Poppe (@CryptoMichNL) April 13, 2021
As a reminder, this week, April 13, Bitcoinwent to the absolute historical maximum of the price - 64.804 thousand dollars. Speaking about altcoins, the trader gave a forecast for Ethereum: in his opinion, this summer the asset has a growth potential of up to $ 4,000.
Not only Michael van de Poppe sees Bitcoinpossibility of further growth. Thus, Jeff Ross, founder of Vailshire Capital Management, who this week presented a very optimistic short-term forecast for Bitcoin, again confirmed his estimates. In his opinion, the Bitcoin price level of 61.25 thousand dollars is “an excellent opportunity to buy, just before the cryptocurrency rises in price again.”
#Bitcoin technical update: Healthy retest of previous consolidation wedge ceiling.
Macro view: Wildly bullish.
On chain analytics: Wildly bullish.Opinion: Price should close above old «ceiling» of ~$61,250, then surge higher. Great opportunity to buy before next leg higher. ? pic.twitter.com/wYfrdzEPoO
- Dr. Jeff Ross (@VailshireCap) April 15, 2021
Where is it more profitable to buy bitcoin? 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 | Bybit | https://bybit.com | 7.5 |
| 3 | OKEx | https://okex.com | 7.1 |
| 4 | Exmo | https://exmo.me | 6.9 |
| 5 | Huobi | https://huobi.com | 6.5 |
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.
- 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 — futures, options, staking, etc.
- final grade– the average number of points for all indicators determines the place in the ranking.
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