Crypto
Bitcoin price prediction: $30k achieved, Tradecurve aiming for another 38% price increase
Bitcoin is hovering around the psychological threshold of $30k, following bullish developments in the crypto market. Tradecurve, a new and promising startup is expecting a jump of 38% in the coming week, as the presale continues.
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What is the weekly price prediction for Bitcoin?
After a bearish week, thanks to the SEC’s hounding of certain CEXes, and various cryptocurrencies being declared as commodities, the market made a striking reversal.
This seems to be due to the news that Blackrock, the world’s largest asset manager, has filed for a Bitcoin Spot ETF. Although many others have tried and been denied, the sentiment is that Blackrock is likely to be successful due to the immense power that they wield.
This has given institutional investors confidence in the market, pushing the price of Bitcoin above $30,000 – a gain of over 17% in the last week.
Anton Kharitonov, who is a crypto expert and analyst at Traders Union, suggests that the price of Bitcoin by Friday 30th June will be $36,849, a change of over 18%. This is mainly based on the moving averages and technical indicators for Bitcoin, which suggest a strong buy.
Ethereum is also listed as a strong buy, and XRP as a buy. While memecoin DOGE is suggested as a strong sell, and layer 1 Cardano’s ADA is also a strong sell, according to Traders Union.
Sometimes a perfect concept launches at a perfect time. This may well be the case for Tradecurve, who are a decentralized exchange and trading platform that is built on the blockchain.
Even though the news is bullish for Bitcoin and the markets, regulatory uncertainty still weighs heavy on the likes of Binance and Coinbase who are currently being sued by the SEC.
Whilst the judges decided that a full asset freeze of Binance was overkill, the fact is that it was a possibility, and we have seen implosions of other CEXes recently, such as FTX.
Furthermore, as the Fed announces that inflation is slowing, the traditional finance markets are set to rise.
In this climate, Tradecurves hybrid decentralized model is perfect, allowing people to easily trade financial derivatives of stock and shares, bonds, forex, indices and even commodities.
Naturally crypto is offered too, and traders can gain leverage by depositing their crypto, while still holding it in their self custodial wallets.
This allows the kind of autonomy that we have come to expect from DeFi. No KYC is required and traders can remain completely anonymous, and avoid annoying regulations from the SEC and other financial bodies.
With low latency trading, high leverage, tight spreads and low trading fees, and a professional trading terminal, Tradecurve is challenging various players in the finance industry, from traditional brokerages, to CEXes and existing DEXes.
Tradecurve is in stage 4 of a 16 stage presale, recently rising by 20%, and is set to rise by a further 38% as soon as the presale moves to stage 5. With over a third of stage 4 already sold, it’s anticipated that the rise could happen in the next week or so.
Tradecurve will launch at $0.088 and is predicted to rise from there by as much as 10,000% when it lists on major exchanges and DEXes.
For more information about the Tradecurve presale:
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