What will happen to the bitcoin rate in the near future?

The Bitcoin rate set a new all-time high at $50,600 on the afternoon of February 16. After this happeneda slight pullback and until the morning of February 17, the BTC price continues to fluctuate around $ 49,000.

The market is not in the most stable position,but this does not indicate its weakness, noted Mikhail Karkhalev, financial analyst at Currency.com crypto exchange. According to him, the probable correction may start from the levels of $ 55-60 thousand, but this will be within the framework of the upward movement.

"Bitcoin will reach $ 160-170 thousand within a year and a half before the fall begins, similar to the events of 2018", - Karkhalev is sure.

Fundamental factors favor growthbitcoin, agreed financial analyst at Raison Asset Management Nikolai Klenov. Payment systems Visa, Mastercard, PayPal, Square are interested in cryptocurrency, he recalled.

Tesla not only bought $1.5 billion worth of Bitcoin, but alsoannounced its intention to accept cryptocurrency as a means of payment... Such news creates bullish sentiment in the market, Klenov stressed.

The great growth potential of bitcoin, whichsupported by the high demand for cryptocurrency from large market players, the head of the data analysis department of CEX.IO Broker Yuri Mazur also drew attention. He is inclined to believe that the uptrend will continue with the target level "well above" $ 50K.

“From a technical point of view, bitcoin demonstratesstable growth dynamics against the background of moderate volatility for him, after the explosive growth on February 8-9, which was the result of the purchase of bitcoin by Tesla ", - explained Mazur.

The corporate segment invests large capitalin bitcoin, which means that these investments are for a long time, speculative actions are not peculiar to such players, the expert emphasized. He called the scenario with the first cryptocurrency rate correction by 50% unlikely.

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?

Rating of cryptocurrency exchanges:

#	Exchange:	Website:	Rating:
1	Binance (Editor's Choice)	https://binance.com	9.7
2	OKEx	https://okex.com	7.4
3	Exmo	https://exmo.me	6.9
5	Huobi	https://huobi.com	6.5
5	Yobit	https://yobit.net	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.
• 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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