When to buy Bitcoin? How to choose the moment to invest in BTC?

CryptoQuant CEO Ki Young Joo explained how you can buy bitcoins on the “global day” usingto their advantage the price reversal, writes RBC Crypto.

According to him, after the rollback of the cost of the maincryptocurrencies by 30%, you need to follow the chart, which displays the moving average of the exchange inflow for 7 days. Traders should notice that the influx begins to "cool" after overheating. Ki Yong Joo argues that this is a signal that indicates that the pullback will soon end due to falling selling pressure.

The head of CryptoQuant calls the current moment a good onefor investing in bitcoin, since all factors, in his opinion, indicate an imminent trend reversal and an increase in BTC quotes. Ki Yong Joo also added that this indicator tracks the activity of large bitcoin holders. According to him, owners of addresses with a large number of coins "tend to make a profit when retail investors are active in the market."

How to buy $ BTC at the global bottoms:

1. $ BTC drops hard over -30%
2. All Exchange Inflow Mean (MA7) spikes over 2.5 BTC
3. The indicator cools down
4. ALL-IN $BTC
5. Become a billionaire and give a tip to @cryptoquant_com

Chart? https://t.co/jnuMtC7znJ pic.twitter.com/DMsA89XKOI

- Ki Young Ju 주기영 (@ki_young_ju) March 23, 2021

On February 9, the CEO of CryptoQuant predicted thatBitcoin will soon break the $50,000 mark. Eight days later, his prediction came true. On February 17, the price of the main cryptocurrency reached $50,000 for the first time. At that time, Ki Yong Joo referred to the influx of stablecoin deposits, which, in his opinion, indicated a bullish signal.

In mid-March, the bitcoin rate for the first time in history exceeded $ 61,800, after which it began to decline. The first cryptocurrency is currently trading at $ 52,700.

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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