Expert reveals when you should buy Bitcoin 5 Jan, 2021 11:56 PM 5 minutes to read Bitcoin remains volatile in the current market conditions. Photo / Getty Images news.com.au By: Kathy Skantzos After surging past AU$42,000 (NZ$45,000) per coin for the first time in history, Bitcoin has started to pull back. Will the world's most popular cryptocurrency plummet like it did in the past or continue to rally at high levels? Australian market analyst Kyle Rodda has been watching closely at its activity. "Last night's price action showed how wild trading Bitcoin can be in the short-term," he said. "It shed as much as around 17 per cent yesterday after coming close to that US$35,000 (AU$48,690) level, before bouncing back late in US trade once again."