After a long fall in the past year, 2019 began for cryptocurrency on positive notes, Bitcoin moved to the green zone from the very first days. Ethereum (ETH) also received a powerful bullish impulse, along with other coins began to grow.
According to financial analysts, if the pressure on the buyers side continues to grow over the coming weeks, the price of BTC will rise.
EToro senior analyst Mati Greenspan said that the market has strong fundamental support as the demand for blockchain technology is constantly growing:
“It is best to buy when it is cheap and sell when it is expensive. If we turn to technical analysis, we will see on the chart that we are much closer to the bottom than to the top. ”