The fall of Bitcoin has come to an end? Expert’s answer

Monday course the main crypto-currencies retreated slightly above 6400 dollars, thereby stopping the rapid decline of the asset. The analysts note that in these market conditions there is a high likelihood of draining altcoins. About it writes RIA Novosti.

Is it worth investing in Bitcoin

According to Coinmarketcap, today the Bitcoin is trading at $ 6400. Over the last few days on the chart cryptocurrency was not a serious movement. Ten of the most popular altcoins have added a bit to the cost. The most profitable investment was Stellar, the coin grew by 9 percent in recent days.

Investment Director Cryptolife.World Mansour Huseynov believes that Bitcoin has already found its bottom.

The relative stability of Bitcoin says that his fall may have come to an end.

The expert noted that while it is not necessary to defer a significant portion of the Deposit to altcoins.

Altcoins, however, can still remain under pressure.

While most other analysts recommends that you refrain from opening any positions on Bitcoin. About the beginning of a new uptrend it will be possible to judge after breaking through resistance at $ 7,000.

Other useful tips for trading find in our cryptodata.

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