When to buy Bitcoin?

Bitcoin has crossed the $ 7,000 mark at the large Bitfinex exchange, now the coin is trading at $ 7,050. On the afternoon of April 1, the value of the BTC dropped to $ 6,500, after which it began to grow.

Now a profitable moment to buy in order to obtain long-term profit, the cost of BTC is unlikely to drop below $ 6 500.

It will be possible to say that the market is recovering only after the cost of the first crypto currency has broken through important marks of $ 9,000 and $ 12,000. Then it can reach a level of $ 17,000.

On the other hand, the expert noted that if the situation does not stabilize in the near future, the interest of large investors in digital money will drop, and the market may drop to the values of 2016 when the price of BTC was about $ 700.