The Bitcoin cryptocurrency has been struggling to get its value back on track, and its momentum has completely halted. It now remains stuck under the $27,000 price point. This prolonged period of struggle has prompted a market guru to make a statement surrounding the impending downward trend of the cryptocurrency.
An alternative project that’s at Stage 2 of its presale, Tradecurve, can see a surge in appeal as more investors begin to diversify as a result of the downward trend of many other cryptocurrencies. Today, we will jump into both of these projects and the speculation surrounding them.
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The Market Guru’s Price Prediction for Bitcoin (BTC)
One of the most popular and renowned market strategists, Michael J. Kramer has voiced his opinion surrounding the future of Bitcoin. On his official Twitter page, he highlighted the risks and uncertainties surrounding the price trajectory of the Bitcoin cryptocurrency.
As its value remains stalled, it is crucial to examine its recent momentum in this situation and see its implications for investors and the broader crypto space. In his analysis, Kramer highlighted the potential for BTC to reach the critical $20,000 price point and drew attention to the implications surrounding a downturn, which can also affect the broader stock market.
Bitcoin traded at $26,245.67 on May 25, 2023, In the last 30 days, the cryptocurrency declined in value by 3.8%. In the last 24 hours, Bitcoin (BTC) saw an additional decrease of 2%. If it maintains this momentum, the predictions made could become a reality. Worried investors are now diversifying with Tradcecurve, a cryptocurrency that can skyrocket in value.
How Tradecurve Can Skyrocket In Value
While early Bitcoin investors did make significant capital gains, the recent downward trend of the cryptocurrency has left many wanting to diversify. Tradecurve is a new and innovative project that offers new functionality to the decentralized trading space.
Alongside offering a wide range of financial products, Tradecurve also offers high leverage, starting from 500:1. At the same time, Tradecurve is a secure platform that will feature Proof or Reserves (PoR) to bolster transparency and enable investors access to VIP account services and negative balance protection.
Unlike most CEXs, on top of Tradecurve, users are not required to complete lengthy KYC procedures, and the fees are low, with accessibility being a high point. The hybrid exchange will also feature a trading academy, teaching newbies everything they need to know about trading before making their first trade.
To use Tradecurve, users deposit crypto and use that as collateral for trading any other altcoin or derivative.
During its Stage 2 presale, the TCRV utility token is valued at $0.012. Analysts predict a 100x jump in its value, especially as the team plans on onboarding 100,000 members during the first three months of operation and will list TCRV on Tier-1 exchanges and on Uniswap.
For more information about the Tradecurve presale:
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Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.
Photo by Pierre Borthiry – Peiobty on Unsplash
