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A crypto expert believes Bitcoin’s price might begin a price surge if it Surpasses the $49k resistance level. VeChain has just updated its grants program to drive its sustainability goals. Meanwhile, investors are jumping to Pullix after it has successfully raised over $4.5 million during its presale, many are attracted to the plethora of features its hybrid exchange offers.
Summary
Crypto Analyst Predicts Massive Surge for Bitcoin (BTC) on One Condition
Crypto expert Jason Pizzino has predicted that Bitcoin’s (BTC) price will rise only if it can turn the $49k resistance level into a support level. He mentioned the second half of 2024 will be when things start to get clearer.”
Currently, Bitcoin’s most recent price is $49,000. Refering to $49,000, Pizzino said it might take a while for Bitcoin price to surpass it.
According to him, this should happen in the second half of 2024 to 2025. Meanwhile, he noted that markets like the NASDAQ, Bitcoin, S&P 500, real estate, and even altcoins will see large inflows during this time.
So, he advised his users to take profits during this time. Despite Pizzino’s bullish prediction, he warned that Bitcoin could drop if it faces rejection at $41,000 or $44,000.
Why Pullix (PLX) is the Best Coin To Invest In
Pullix (PLX) is a unique trading platform where you can trade many things like cryptocurrencies, stocks, and more. Among the best things about Pullix is its integration of artificial intelligence. These AI tools enable traders to copy successful experts, boosting chances of making gains.
Pullix also features sophisticated professional trading tools built by openAI. These tools allow traders to make better trades, analyze the market better, and order execution is performed more efficiently.
PLX, an ERC20 token, is the native token of the Pullix platform. This token is multi-functional in that it can be used for staking and acquiring premium features. Recently, PLX recorded a double-digit rise while other top altcoins battled bearish pressure.
With its innovative features and growing momentum, Pullix’s price will be on the rise after the launch of Q1 2024. At this point, the PLX token costs $0.10 only because, but analysts believe that soon it could get up to $1. Its growth potential makes PLX one of the top altcoins that investors should consider holding for the 2024 bull market.
VeChain (VET) Revamps Grants 2.0 Program
VeChain (VET) has increased its “Grants 2.0” programme offer up to $100,000. The current edition lays more emphasis on blockchain technology sustainability, according to their press statement.
It also gives developers new ways to fund their projects and meet client needs. Developers will receive $100,000 in finance, up from $30,000. VeChain supports web3 content producers in this scenario.
VeChain VET tokens reacted positively to the news. It rose to a high of $0.02775 from a 7-day low of $0.02516.
Investors had been bullish on VeChain to reach $1, given its support for sustainability, but that has not been the case. Still, they are hopeful, and so are analysts. Analysts expect Vechain tokens to cost $0.08223 by Q2 2024.
In Summary
Following its introduction, Pullix’s hybrid exchange will rise to become a top exchange in the crypto market. Also, the platform’s PLX token will gain popularity as its user base grows.
This would eventually benefit its pricing. The ERC20 token will be competing with the likes of VeChain and even Bitcoin in no time. Join the project now so you do not miss out on this exciting opportunity.Â
For more information regarding Pullix’s presale see links below:
*This article was paid for. Cryptonomist did not write the article or test the platform.
