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It won’t have gone unnoticed by anyone with half an eye on the crypto market that Bitcoin recently posted a new ATH of $73k. However, since then, BTC holders have started offloading their holdings. Analysts are busily readjusting their BTC price predictions ahead of the imminent Bitcoin halving event. On the other hand, Bitbot, a newcomer to the crypto scene, is steadily accumulating during its crypto ICO.
American investors have been turning to Bitbot in their thousands, already helping this new Telegram trading tool achieve $2.0m in funding. Here’s more on the BTC price prediction for 2024 and why American investors are so hot on Bitbot right now.
Analysts revising BTC price predictions after recent ATH
Experts anticipated for months whether or not the OG cryptocurrency could break through and reach new heights. BTC rose and unexpectedly hit a record high of $73,750 on March 14, 2024.
The growing anticipation of the impending Bitcoin halving event, the successful adoption of Bitcoin ETFs, and a general easing of the global economic challenges fueled Bitcoin’s growth. It went on a rampage in early March to hit new highs with growth of over 40% in a month.
As BTC coin holders offloaded their holdings at this new record high, it dropped below $65k. Investors have now renewed their appetite to buy, with the coin rising to its current level of $71,160. Consequently, analysts making BTC price predictions anticipate a new ATH sooner rather than later. They believe the coin price could eventually soar beyond $100k this year.
Why are American investors targeting the Bitbot crypto presale?
Bitbot is a brand-new Telegram trading bot that combines cutting-edge AI technology with top-class security features to give users the freedom and peace of mind to actively pursue presale gems and undervalued projects to turbocharge their trading journey.
Bitbot is partnering with renowned cyber security firm KnightSafe to deliver the world’s first non-custodial security framework that employs a “not your keys, not your crypto” ethos. As a result, the user’s funds are protected until trades are complete and then transferred from the user’s wallet. This approach protects users from security breaches that hit competitors like Unibot and Maestro, where over $1 million in users’ funds were stolen.
It is where Bitbot’s additional advanced security features come in, protecting against malicious MEV bots and potential rug-pulls. These measures allow users to trade with peace of mind that they are protected from scam artists.
Bitbot excels in more than just security. Its use of AI technology to power features like the Gem Scanner and Alpha List allows traders to sniff out low-priced gems. At the same time, the trade sniping tool enables users to execute a “buy low automatically, sell high” trading strategy.
Through the platform’s excellent revenue-generation programs, Bitbot users can enjoy more. For instance, all BITBOT token holders can enjoy a share of 50% of daily trading revenue generated on Bitbot. At the same time, the referral scheme allows users to gain a lifetime 15% share of all transaction fees generated by newbies they recruit.
Bitbot price prediction: American investors could have the golden ticket
Analysts are already eagerly examining Bitbot’s potential once its crypto ICO ends and the coin goes public, particularly in light of BTC price predictions of $100k-plus.
To illustrate the rich potential and growth of the Telegram trading bot sector, the overall market cap recently exceeded $1.5 billion for the first time. Meanwhile, with total trading volume approaching the $15 billion mark and an average trading volume of $254 million over the past week, there’s plenty for Bitbot to aim at.
After launching at $9.9389, Banana Gun has grown by almost 5x to its current value of $43.21 at the time of writing. Indeed, Banana Gun is on the cusp of recording a new ATH, with its current record of $43.50 within touching distance. In addition, Banana Gun’s market cap has grown by more than 50% over the past month from $73.7 million to its current valuation of $112.5 million.
With this kind of performance after a serious security breach, it’s no wonder experts are predicting possible gains of at least 50x after Bitbot’s presale concludes this year.
BTC price prediction is strong; Bitbot’s potential is sky-high
While analysts predict potential new highs for Bitcoin this year, Bitbot’s entry into an undervalued and growing market offers a huge investment opportunity for those looking to be part of something with incredible growth potential. Leveraging its groundbreaking non-custodial security solution alongside AI-driven trading tools, investors have a unique opportunity with Bitbot.
Indeed, with the AI sector experiencing liftoff recently, investors won’t want to miss out on the rich potential offered by the Bitbot crypto ICO.
To learn more and purchase BITBOT tokens, visit the official website.
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Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
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