Key Takeaways
Bitcoin Could Reach $150,000 in 2024: Tom Lee
The cryptocurrency market has been strong since the beginning of the year, with Bitcoin reaching the $50,000 level for the first time since 2021. With the bullish trend currently under control, many believe the BTC price could rise higher in the coming months.
FundStrat head of research Tom Lee is one of these bullish analysts, predicting that the leading cryptocurrency could reach $150,000 before the end of the year. If the price of BTC can triple in the coming months, this could be a great opportunity for investors to acquire more of the asset.
One of the gems that can record huge profits in the coming months and years is bitbot. The project will leverage the growing transaction volume in the market to gain mass adoption.
What is Bitbot?
Before investing in a project, it is best to know what it is and understand how it works. Bitbot is a Web3 project set up to provide excellent services to cryptocurrency traders.
It is a Telegram trading bot that eases the cryptocurrency trading journey by giving users access to several interesting features. bitbot It is a self-managed trading bot that allows users to trade through Telegram’s cold wallet.
This project offers a unique value proposition to users and investors. This will leverage Telegram’s position as the leading social media platform for cryptocurrency users.
According to the whitepaper, Bitbot will provide users with advanced features to help them grow their trading portfolios. These features are institutional level and give traders access to world-class trading capabilities.
Bitbot will also leverage the growing trading volume in the cryptocurrency market to secure mass adoption in the coming months and years. More retail and institutional investors are entering the market, and Bitbot can offer them interesting services.
Bitbot’s tech-savvy trading approach
As a tool, Bitbot will provide tech-savvy tools to ease the trading process for users. The team is developing several tools to ease the trading process for users.
According to the white paper, security is the main focus of security. battleequipment. This tool uses Knightsafe to provide a self-archiving solution, mitigating the typical risks associated with Telegram transactions.
Additionally, a portion of the funds raised in the pre-sale round will be used to develop anti-MEV and anti-lug solutions to help users protect their assets. These features allow traders to protect themselves from bots that artificially pump trading costs and block fraudulent projects.
Bitbot also leverages highly flexible wallet management powered by non-custodial API technology, providing an additional layer of security for users.
To help new traders, Bitbot will also be launching a copy trading feature. This feature allows novice traders to copy trades from their best-performing wallets based on their on-chain activity.
Bitbot’s pre-sales exceed $650,000.
The Bitbot presale has now officially reached Phase 4 and has already raised over $650,000. The project has now raised $667,000 of the $862,000 needed for this phase.
bitbot With pre-sales progressing rapidly, investor adoption continues to grow. Currently, the price of $BITBOT token is $0.0116, but it is expected to increase to $0.0122 when round 5 begins.
According to token economics, the development team will hold 20% of the total token supply and use it to fund ongoing development. Additionally, 14% of total token supply is allocated for marketing and CEX listings and 3% is allocated for providing exchange liquidity.
Click here Learn more about Bitbot’s upcoming presale.
Could Bitbot’s token be a winner this year?
Cryptocurrency markets are expected to see higher gains this year and gems could be the biggest winners. through appropriate levels of adoption. bitbot It could be one of the biggest winners in this up cycle. Bitcoin halving and other external factors may also help drive the price of Bitbot higher.