100% Bitcoin price gains by July? Could it cause a 50x for Bitbot?
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The Bitcoin halving has finally happened, and all eyes are on the Bitcoin price. Some analysts anticipate 100% gains for BTC by July; could hot new crypto Bitbot feel the benefits during its ICO?
The Bitbot presale has already raised $3.1m, thanks, in part, to its strategic moves to launch alongside the Bitcoin halving.
Here’s why its timing and Bitbot’s unique combination of innovative security and trading features have made this hot new crypto so desirable this year.
Bitcoin: Could it double by July?
Bitcoin, the weather vane from which the wider market takes its sentiment, enjoyed a thrilling rise in Q1 2024, setting a new ATH of over $73,000.
Recently, the Bitcoin price crossed the upper Bollinger Band (a major market analysis indicator) for the second consecutive month. Historically, every time this has happened, Bitcoin has doubled within 90 days.
When BTC embarks on an upward trajectory, the market follows. So if it follows through on its 100% price pump forecast by July, Bitbot is primed to capitalize on bullish market sentiment.
The security and AI features that have investors piling into Bitbot
Bitbot is a new crypto token and trading platform aiming to revolutionize the fast-growing Telegram trading bot market with its unique non-custodial security solution.
With several high-profile security breaches affecting many of Bitbot’s leading competitors, namely Banana Gun and Unibot, Bitbot’s new solution is just what the trading bot sector needs.
This unique approach to security eliminates the need for users to give platforms access to their private keys and assets before trades are executed. Instead, Bitbot’s “not your keys, not your crypto” approach enables users to retain full custody over their funds until a trade is completed. With further assurances through anti-MEV and anti-rug pull features, Bitbot traders can maximize their profits with unprecedented peace of mind.
Bitbot also stands out by offering some of the best possible trading features. Its range of AI-powered trading tools offers traders real-time insights and predictive analytics, enabling them to make well-informed decisions with ease.
Among the features on offer are the Gem Scanner tool, which identifies low-priced crypto gems that could deliver incredible returns, and the copy trading capability that allows users to learn from the best and emulate the most successful users’ trades.
This rich combination of cutting-edge trading features and commitment to impregnable security offers a solution so safe and inviting to new users, that Bitbot will likely grow the trading bot market and take market share from Bitbot’s competitors. This will be a big win for BITBOT token holders – especially those who bought in presale.
Bitbot price prediction: Can this hot crypto 50x this year?
There’s enormous untapped potential in the Telegram trading bot market. The combined market cap of Telegram trading bots is around the $1 billion mark, a milestone achieved at breakneck speed even before the Bitcoin halving event. Other numbers further demonstrate the explosive growth. With almost 1.5 million users, over 100 million total trades, and nearly $20 billion lifetime trading volume, the market potential for Bitbot is obvious.
Further evidence of Bitbot’s potential is illustrated by the performance of Banana Gun, even though a bug was discovered in its contract, and its price dipped by over 90% soon after launch.
Banana Gun quickly surged and is currently around 250% above its launch price at press time while hovering around the $100 million market cap milestone.
Factor in other security breaches, which saw $520k of Solareum funds lost in April 2024, and a hack that hit Unibot, causing $500k of user funds to be lost, and Bitbot has the fundamentals in place to be the coin its rivals couldn’t be thanks to its security offering.
Given Bitcoin’s positive outlook, many analysts are forecasting this hot new crypto soaring by at least 50x in 2024.
Bitcoin price explosion imminent, Bitbot surge possible
The full impact of the Bitcoin halving event is yet to be realized. With strong marketing and a product focused on security and AI trading, Bitbot could become a serious player in the Telegram bot sector and wider cryptosphere.
Now, in stage 12, with tokens at just $0.0171, investors that join the ICO today have 16.96% gains to make before the BITBOT token goes public.
To learn more about this project, visit the BITBOT website.
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