In the spring of 2019, many analysts predicted another bitcoin breakthrough. In fact, for most of March, the value of the currency ranged around $ 4,000. The most popular cryptocurrency broke through this mark, but after almost immediately lost ground.
It’s too early yet. I think $ 4.1-4.3 thousand for April is a very real range. If you manage to stay in it, it will be good news ", - said the analyst of the cryptocurrency market Alexey Vint.
According to various estimates, a ceiling of $ 4.5 thousand is significant for Bitcoin. If it can be overcome, then the most popular cryptocurrency can again approach $ 6-7 thousand. But it’s safe to say that in April Bitcoin will start to return old positions, analysts not in a hurry yet.
A well-known trader under the name Galaxy in his microblogging stated: April is the last month in which the low price of bitcoin will be held. After that, according to his estimates, the cryptocurrency will start to grow steadily.
"Although prices may seem random (for some), they actually create repetitive patterns and trends. Based on such a model, in April we will see a cheap bitcoin for the last time. And yes, it may fall a few more times, but it will never be cheaper $ 3 thousand, "- said the trader.
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