Artificial Superintelligence Alliance

Value

Bitcoin

<p style="text-align: justify">You can also read this news on BH NEWS: <a href="https://en.bitcoinhaber.net/bitcoins-value-expected-to-increase-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin’s Value Expected to Increase Soon</a><br></p>
<p style="text-align: justify">Recent predictions from Glassnode founders, Jan Happel and Yann Allemann, suggest that <a href="https://en.bitcoinhaber.net/bitcoin-price-takes-a-dip-understanding-the-recent-drop" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin</a> (<a href="https://en.bitcoinhaber.net/bitcoin-miners-flock-to-exchanges-signaling-potential-price-dip" data-wpel-link="internal" rel="noopener noreferrer nofollow">BTC</a>) is poised for a value increase following its recent drop to around $90,000. The reduced selling activity among long-term holders (LTHs) during this downturn points toward a potential rebound in the market.</p>
<h2 id="what-is-bitcoin-s-current-market-situation">What is Bitcoin’s Current Market Situation?</h2>
<p style="text-align: justify">Bitcoin is currently trading close to $96,726, marking a crucial phase in its recovery trajectory. The decline in sales from LTHs indicates stabilization in the market.</p>
<p style="text-align: justify">According to Happel and Allemann, “Long-term investors are taking profits near the $100,000 mark while selling less aggressively compared to the first quarter. The lack of considerable fluctuations in profit-taking suggests that fewer LTHs have left the market during this correction, implying we may have hit a bottom.”</p>
<h2 id="how-does-fet-fit-into-this-scenario">How Does FET Fit into This Scenario?</h2>
<p style="text-align: justify">The outlook for the AI-based crypto project, Artificial Superintelligence Alliance (FET), is also positive. Currently valued at $1.62, FET has shown an 8.1% surge over the past day. Negentropic highlights FET’s strong fundamentals and recovery potential.</p>
<p style="text-align: justify">FET’s price has remained stable since July, presenting a potential opportunity for those looking to invest strategically. This scenario supports a favorable dollar-cost averaging strategy, making it an excellent time for investors to consider entering the market.</p>
<ul>
 <li>Bitcoin’s value is expected to rise as LTHs hold their positions.</li>
 <li>FET shows strong fundamentals, indicating recovery potential.</li>
 <li>The current market environment encourages strategic investment approaches.</li>
</ul>
<p style="text-align: justify">Monitoring the behavior of long-term investors and emerging cryptocurrency trends is essential for understanding future price movements. As Bitcoin enters a potential recovery phase, the performance of alternative cryptocurrencies like FET will play a critical role in shaping investment strategies.</p>
<h5><span style="font-weight:bold;font-size:16px">Continue Reading: </span> <a href="https://en.bitcoinhaber.net/bitcoins-value-expected-to-increase-soon" data-wpel-link="internal" rel="noopener noreferrer nofollow">Bitcoin’s Value Expected to Increase Soon</a></h5>

Bitcoin’s Value Expected to Increase Soon

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