Renowned Cryptocurrency Trader Ton Weiss Believes Chances Of Bitcoin (BTC) Rising By Year End more than 75%, quite low.
In a new YouTube video, the analyst said that it is unlikely that the price of BTC will rise above $ 100,000 in 2021, but that this goal can be achieved within the first three months of 2022.
And although I still want bitcoinsurpassed $ 100,000 by the end of the year, this looks unlikely at the moment. The first quarter of 2022 is good enough to break the $ 100,000 mark.
An experienced crypto trader noticed that if Bitcoin manages to rise above the 50-day moving average, then the flagship cryptocurrency could move up.
I really expect the closing pricebitcoin just below the 50-day moving average will pull back…. But if we go back to this moving average over a short period of time and on a daily basis ... I would expect an upside breakout.
Weiss also added that Bitcoin's slide down is more likely at this time. On the evening of November 24, Bitcoin was trading at $ 56,600, which rather confirms the thesis voiced.
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 deposit and withdrawal of funds in rubles, hryvnias, dollars and euros.
Site reliability is primarily determined bytrading volume and number of users. By all key metrics, Binance is the largest cryptocurrency exchange in the world. Binance is also the most popular cryptocurrency exchange in Russia and the CIS, since it has the largest turnover of funds and supports transfers in rubles from bank cards Visa / MasterCard and payment systems QIWI, 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:
|1||Binance (Editor's Choice)||https://binance.com||9.7|
The criteria by which the rating is set in our rating of crypto-exchanges:
- Work reliability - stability of access to all platform functions, including uninterrupted trading, deposit and withdrawal of funds, as well as the period of work on the market and the daily trading volume.
- Commissions - the size of the commission for trading operations within the site and the 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 rating.