Cryptocurrencies are booming again in April and trading is fun

April does what it wants and hence it wants to bring tail wind to the cryptocurrency trading as it strongly seems. The bitcoin alone boosted from below 4,000 USD at the end of March to a so far highest price in 2019 of over 5,500 USD. Hence the market turned again from bearish to bullish. Several standard indicators have shown that this trend is solid as per the classic moving average comparison of short and long term curves crossing. The big question is whether this is to stay or not. We hear different opinions on the market and certainly a continued high volatility is to be expected. But most certainly people keep talking again about the trends and opportunities after a longer period of silence. Let's watch the continued development into May.

What is definitely sure is that the trading of crypto assets is fun more than ever and certainly one cannot possibly think of ignoring these markets. Professional trading organization using AlgoTrader more than ever count on algorithmic trading using our platform for traditional and crypto assets.