BTC Price Predictions Go Off The Charts – Will Bitcoin Hit $100K as Global Markets Rally and Can PlutoChain Benefit From It?

BTC Price Predictions Go Off The Charts – Will Bitcoin Hit $100K as Global Markets Rally and Can PlutoChain Benefit From It?
фото показано с : bravenewcoin.com

2024-11-13 17:01

The leading crypto went from under the $70,000 mark to over $89,000 where it stands now, according to CoinMarketCap’s data.

Now, there’s nobody who doubts whether BTC will hit $100K, it’s only a question of when it will happen.

Opinions are divided, some say that it will happen in days, others in months.

Today, we’ll try to answer that question and show you a new presale coin that could cause a lot of ripples in the market in the upcoming months – PlutoChain ($PLUTO).

Let’s get right into it…

Will Bitcoin Reach $100,000 as Market Sentiment Remains Strong?

Bitcoin’s latest rally to $89,000 has reignited discussions around the possibility of a six-figure price target by the end of 2024.

Analysts like Ryan Lee from Bitget Research point to a few key factors driving this momentum, including post-election optimism and pro-crypto sentiment following Donald Trump’s recent victory.

The new administration’s supportive stance toward cryptocurrency has boosted investor confidence, fostering higher demand for Bitcoin as a risk-on asset.

The potential for Bitcoin to cross the $100,000 mark also hinges on the activity in the derivatives market, where open interest and implied volatility suggest that traders are positioning for significant price movements.

Additionally, the influx of capital from stablecoins, with market capitalization now around $160 billion, has opened up substantial leverage opportunities, creating favorable conditions for Bitcoin’s next major price level.

Adding to the bullish outlook are the recent U.S. spot Bitcoin ETFs, including BlackRock’s Bitcoin ETF, which saw a remarkable $1 billion in trading volume just minutes after the election results were announced.

With Bitcoin’s rise, projects like PlutoChain, could benefit from a strong BTC-led market, and may get significant traction as investors look for high-potential projects with smaller MCAPs.

PlutoChain ($PLUTO) – A New Innovative Blockchain Project Launches Presale At The Best Possible Moment

If you want to potentially capitalize from the current bull run, PlutoChain should be on your radar – It is a new presale that’s cooking up something pretty exciting in the Bitcoin ecosystem.

Here’s what’s got everyone talking: imagine Bitcoin’s rock-solid security mixed with all the stuff you can do in DeFi.

That’s exactly what PlutoChain is building with its Layer-2 solution. While Bitcoin’s been the heavyweight champ of crypto, it’s mostly been watching the DeFi party from the sidelines. PlutoChain wants to change that game completely.

They’re not just building another blockchain – they’re creating a bridge that lets Bitcoin join the DeFi revolution.

We’re talking smart contracts running on top of Bitcoin’s network. It’s like giving Bitcoin a whole new set of superpowers while keeping its legendary security intact.

Their presale is turning heads at $0.101, and here’s why that matters: they’re keeping things super affordable with low transaction fees (because nobody likes paying through the nose when the market gets wild, right?).

What’s really clever is their EVM compatibility – basically, they’re rolling out the welcome mat for Ethereum developers to bring their DeFi apps over to Bitcoin’s world. It’s like creating a universal translator for blockchain apps.

PlutoChain’s Fortress: Security Features That Mean Business

When it comes to protecting your assets, these folks aren’t cutting any corners. They’ve brought in SolidProof for their auditing.

They’re constantly checking, double-checking, and updating their security game to keep everyone’s assets safe and sound.

The platform includes privacy features through encryption and anonymity protocols, balancing user privacy with regulatory compliance. If you want to dive into the technical aspect, their whitepaper outlines the project’s roadmap and governance structure.

The presale price is scheduled to increase tomorrow, so hurry, if you want to catch it at this lower price mark.

Final Words

As Bitcoin races toward $100,000, all market indicators point to a strong continuation of this bull run, especially with the post-election enthusiasm and ETF success.

Meanwhile, PlutoChain ($PLUTO) may be a promising play in the current market.

With its innovative Layer-2 solution for Bitcoin and current presale price of $0.101, this project could see significant traction in the coming months.

If you want to catch it early, now might be the time to check out PlutoChain before their presale price increases tomorrow.

This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article

origin »

Bitcoin (BTC) на Currencies.ru

$ 80426.49 (-0.76%)
Объем 24H $64.531b
Изменеия 24h: -5.05 %, 7d: -18.11 %
Cегодня L: $80304.48 - H: $84779.95
Капитализация $1594.871b Rank 1
Цена в час новости $ 92753.04 (-13.29%)

bitcoin price election won candidate especially pro-crypto

bitcoin price → Результатов: 126


The Fed is expected to cut interest rates twice in 2025, what might this mean for the Bitcoin price?

The cryptocurrency market has gone mainstream. It is no longer retail investors’ assets as institutions globally are investing in Bitcoin and other major cryptocurrencies.   As a risk-based asset, Bitcoin’s price is affected by central bank policies, especially those from the United States Federal Reserve.

2025-2-18 15:05


Bitcoin Price Remains Bullish As Monthly Stochastic Sits Above 80, Here’s Why

The Bitcoin price has struggled to break above the $100,000 threshold decisively over the past four weeks, largely fluctuating within the $90,000 to $100,000 range. This correction and lackluster price action have caused a degree of bearish sentiment among traders, with some speculating that Bitcoin might have already reached its peak for the current cycle. […]

2025-1-15 18:30


Extremely Bullish 88-Day Structure Appears On Bitcoin Price Chart After Hitting $105,000 ATH

The Bitcoin price has continued its foray above the $100,000 threshold and is currently trading around new all-time highs. Following its recent surge to an all-time high (ATH) above $106,000, the Bitcoin price has played out an interesting pattern on the 1-day candlestick timeframe, which points to an extremely bullish outlook for the leading cryptocurrency.

2024-12-16 11:30


Are Bitcoin Whales Still Holding For Higher Profit? This On-Chain Signal Suggests So

The Bitcoin price performance in 2024 is one for the history books, with the premier cryptocurrency crossing the $100,000 mark for the first time ever. However, hitting this milestone opened the door to another conversation — when will the market top be in? As a result, several predictions of the Bitcoin price top have emerged […]

2024-12-15 12:30