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Mark Yusko – the chief executive of Morgan Creek Capital Management expects Bitcoin to hit $150,000 this year.

Yusko recommends allocating up to 3.0% of the investment portfolio to the world’s largest cryptocurrency as it’s a “better form of gold”.

On the back of exchange-traded funds that the SEC approved earlier this year, he even expects BTC to “go up 10x from here easily over the next decade”.

Yusko also quoted the upcoming halving as a near-term catalyst for Bitcoin in his recent interview with CNBC’s “Fast Money”.

Historically, when BTC rallies – so does the rest of the crypto market because it’s essentially a bellwether. Therefore, continued strength in Bitcoin this year may be a material benefit for the up-and-coming crypto platform Bitbot.

Bitbot is a fairly new project that is powered by a native coin of the same name.

Investing in Bitbot token is thrilling because it uniquely sets you up to benefit from continued focus on artificial intelligence as well. How? Because it’s a Telegram trading bot that uses AI to help you make smarter moves in financial markets.

So, you can invest in the Bitbot coin and benefit from price appreciation or capitalise on the bot to make profitable trades. Two simple ways to make money with Bitbot.

Note that Bitbot is a non-custodial trading bot. That distinction versus its peers translates to increased security as a user and an investor. You can find out more about Bitbot and its native namesake coin on this link.

Bitbot has so far raised nearly $2.0 million via the presale – part of which it will use to host competitions. You will then be eligible for exciting rewards if you manage one of those.

So, there’s another interesting way to make money with Bitbot.

It is worth mentioning here that Bitbot is means to play the meme coins space – a market that was worthing basically nothing before the pandemic but over $20 billion just a couple years later. That is significant since a position in Bitbot then suggests you’re participating in a fast-growing market.

Securing an early investment in Bitbot will set you up to benefit from its next leg up that will likely materialise when it will list on a crypto exchange after the presale. Steps you need to follow to buy Bitbot token are listed on its website here.

As mentioned earlier, Bitbot could take advantage of the broader tailwinds in cryptocurrencies as well as the artificial intelligence market.

Both are widely seen doing good in 2024 – especially because the U.S. central bank is projected to announce its first rate cut in June.

Last week, the core personal consumption expenditures (PCE) price index came in line with expectations for February and the FOMC dot plot indicated three rate cuts this year.

Statista also forecasts exponential growth in the AI space over the next few years. Interested in finding out more about Bitbot and its native coin of the same name? Click here to visit the project’s website now.

The post Should you buy Bitbot as BTC could 'go up 10x from here easily' appeared first on Invezz

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