AI altcoin poised to disrupt market if Bitcoin surpasses $71K

Bitcoin’s price is predicted to experience a significant surge if it remains above the $71,000 support level leading up to its halving event on April 19. Previous halving events have resulted in new all-time highs for Bitcoin, but this time there is a unique factor at play: the introduction of spot exchange-traded funds (ETFs). Since the launch of ETFs in January, Bitcoin has reached new ATHs multiple times and its market cap has increased by over 100%. The approval of ETFs is a major milestone for the cryptocurrency as it allows institutional investors to bring trillions of dollars into the space. Bitcoin recently broke the $71,000 resistance level for the second time, reaching a new ATH of $73,750. While it has since retraced slightly, it still trades above $70,000. Analysts believe this is an indication that Bitcoin will experience the exponential growth that investors have been anticipating, potentially pushing prices above $160,000 by the end of 2024.

In addition to Bitcoin, InQubeta (QUBE), one of the top DeFi coins, is also expected to see a significant surge later this year with the launch of its tokens. The presale of InQubeta has already raised over $13.4 million, nearing the $15 million raised by Binance Coin (BNB) during its initial coin offering. InQubeta plans to showcase the utility of non-fungible tokens (NFTs) by using ERC20 coins to create a crowdfunding-based investment system in the AI space. The Ethereum-based blockchain allows users to create NFTs within its ecosystem, which replace stocks in InQubeta’s investment space. AI startups can tokenize their investment opportunities and sell them to investors on the NFT marketplace, providing easier access to global investors. Investors can hold onto these tokens long-term or resell them for potential exponential returns. Analysts expect the value of QUBE tokens to increase significantly once they are released on exchanges, positioning it as one of the top cryptocurrencies by market capitalization in the coming years.

Bitcoin’s trading volume has also seen a significant increase in recent days. Its price surpassed the $71,000 resistance level and is expected to continue surging leading up to the halving event on April 19. The launch of exchange-traded funds in January allows institutional investors to profit from Bitcoin’s price movements through their traditional investing accounts. It is projected that ETFs will bring $5 trillion into the cryptocurrency market by the end of the year. Some experts, like Cathie Wood, founder of Ark Invest, believe that BTC could reach a price of over $1 million due to the capital brought in by ETFs.

For those looking to invest in cryptocurrencies, Bitcoin and QUBE should be considered. Bitcoin’s price is expected to double by the end of the year, while QUBE has the potential for 100x growth due to its investment prospects. To learn more about InQubeta and its presale, visit their website or join their community. It is important for users to conduct their own research before making any investment decisions.