Tom Lee predicts Bitcoin’s worth to hit $150k this yr: Is that this the time to purchase extra?

Key takeaways 

Bitcoin may attain $150k in 2024: Tom Lee

The cryptocurrency market has been bullish for the reason that begin of the yr, with Bitcoin touching the $50k degree for the primary time since 2021. With the bulls at the moment in management, many imagine that BTC’s worth may soar increased within the coming months.

FundStrat head of analysis Tom Lee is a type of bullish analysts and he predicted that the main cryptocurrency may contact $150,000 earlier than the tip yr. If BTC’s worth may triple within the coming months, this may very well be a superb alternative for buyers to amass extra belongings.

One of many gems that might document huge good points within the coming months and years is Bitbot. This mission will leverage the rising buying and selling quantity out there to achieve huge adoption. 

What’s Bitbot? 

Earlier than investing within the mission, it’s best to know what it’s and perceive the way it works. Bitbot is a Web3 mission that’s set to offer glorious providers to cryptocurrency merchants. 

It’s a Telegram buying and selling bot that grants customers entry to some thrilling options, easing their crypto buying and selling journey. Bitbot is a self-custodial buying and selling bot that permits customers to commerce by way of their chilly wallets on Telegram. 

The mission presents a singular worth proposition to customers and buyers. It’ll make the most of Telegram’s place as a number one social media platform for crypto customers. 

In keeping with the whitepaper, Bitbot will present customers with high-end options to assist them develop their buying and selling portfolios. These options are institutional-grade and can grant merchants entry to world-class buying and selling capabilities. 

Bitbot can even leverage the rising buying and selling quantity within the cryptocurrency market to achieve huge adoption within the coming months and years. Extra retail and institutional buyers are coming into the market and Bitbot may present thrilling providers to them. 

Bitbot’s tech-savvy method to buying and selling

As a software, Bitbot shall be providing tech-savvy instruments to ease the buying and selling course of for its customers. The crew is engaged on some instruments that might ease the buying and selling course of for its customers. 

Per their whitepaper, safety is the first focus of the Bitbot software. The software will use Knightsafe to supply a self-custody resolution, mitigating the standard dangers related to Telegram buying and selling.

Along with that, a number of the funds raised from the presale rounds could be deployed in the direction of growing anti-MEV and anti-rug options for customers to guard their belongings. With these options, merchants can defend themselves from bots artificially pumping transaction prices and block rip-off tasks.

Moreover, Bitbot will make the most of ultra-flexible pockets administration powered by non-custodial API know-how to offer an added layer of safety to the customers. 

To assist the brand new merchants, Bitbot can even launch a replica buying and selling characteristic. With this characteristic, novice merchants can copy the trades of the strongest-performing wallets based mostly on on-chain actions.

Bitbot’s presale surpasses $650k

The Bitbot presale is now formally within the fourth stage and has already raised greater than $650k. In the mean time, the mission has raised $667k of the required $862k for this stage. 

Bitbot continues to achieve adoption by buyers as its presale is shifting quick. At the moment, the $BITBOT token goes for $0.0116 however is about to extend to $0.0122 as soon as the fifth spherical commences. 

Per its tokenomics, the event crew will maintain 20% of the full token provide and can use it to fund ongoing improvement. Moreover, 14% of the full token provide is allotted to advertising & CEX listings whereas 3% is allotted to change liquidity provision.

Click on right here to learn extra about Bitbot’s upcoming presale. 

Might Bitbot’s token be a winner this yr? 

The crypto market is anticipated to rally increased this yr and gems may very well be the most important winners. With the proper degree of adoption, Bitbot may very well be one of many greatest winners on this bull cycle. The Bitcoin halving and different exterior elements may additionally assist push Bitbot’s worth increased