BTC hits $52k as halving draws closer: Should you buy more tokens now?

Key takeaways

• Bitcoin could be heading towards a new all-time high soon as it broke past the $52k mark for the first time since December 2021.

• The Bitcoin halving is only 66 days away and the market could provide numerous opportunities to investors.

Bitcoin touches $52k for the first time in more than two years

Bitcoin, the world’s leading cryptocurrency by market cap, is having a positive month so far. It rallied by more than 10% last week to touch the $52k mark for the first time since December 2021.

Following this rally, Bitcoin is now only $17k away from the all-time high of $69k it set in 2021. At press time, the price of Bitcoin stands at $51,687 per coin. Investors are already expecting a new all-time high ahead of the next Bitcoin halving event.

The next Bitcoin halving is 66 days away and it could usher in another bullish cycle in the market. 

AltSignals’ adoption continues 

AltSignals continues to gain more adoption in the market after concluding its presale a few weeks ago. The project is set to benefit from the upcoming Bull Run and the surging trading volume in the market.

The Bitcoin halving event is expected to usher in another bullish cycle, with BTC expected to reach a new all-time high. If that happens, trading volume will surge higher in the coming months and years and this could benefit projects like AltSignals. 

AltSignals is using the funds raised from its various presale rounds to develop products for its users. It is a unique project that will use AI and blockchain technology to ease crypto trading and, in the process, help onboard more traders to the market. 

What is AltSignals?

To invest in AltSignals, you need to know what the project is about. AltSignals is a Web3 project that aims to gain adoption beyond the crypto space. It provides services to traders within the broader financial markets, including crypto, forex, stocks, commodities, and indices.

The team explains that AltSignals will make it easier for traders to have access to trading signals and other resources that would help make them better traders. 

After raising $1.8 million from their presale, AltSignals is using most of the funds to develop ActualizeAI. It is an AI solution that will make it easier for people to trade cryptocurrencies and other financial assets. 

The solution works 24/7, generating trading signals and helping traders identify profitable patterns in the market. Furthermore, ActualizeAI helps eliminate some of the obstacles traders face in the market. 

AltSignals is one of the projects that is leveraging the powers of use blockchain technology, AI, natural language processing, machine learning, regression, and predictive modelling, to enhance its services. 

AltSignal’s ASI could rally higher in the coming Bull Run

With the right level of adoption, AltSignals’ ASI token could be one of the gems of this bullish cycle. The token has already been listed on Uniswap and is set to become available on other decentralised and centralised crypto exchanges. 

At the moment, ASI is still trading at $0.01875 per token. However, as the trading volume in the crypto market increases, AltSignals could gain rapid adoption and this could lead to a massive surge in ASI’s price in the coming months and years. 

Should I buy ASI today?

AltSignals is no longer in presale, which means its ASI token is now available to all investors. Its token is already live on Uniswap and will also launch on a few other DEX and CEX in the coming weeks and months. 

Investing in ASI could pay off for early investors as the rising adoption level, upcoming Bull Run, and the launch of some exciting products could see the token record impressive gains in the coming months and years.