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Bitcoin: Warning #1 Issued by Bullfinder AI Tech...

The end...or just the beginning for BTC & the greater Crypto-market.

In this edition of Bullfinder AI Insights, we take a look at Bitcoin’s current position and the latest developments across the Cryptocurrency Market.

Since September 2024, a variety of coins have moved quite aggressively to the upside.

Let’s look at a few crowd favorites…

DOGE / USDT - DOGECOIN

Up approximately +367% from September lows…

Charts by TradingView.

ADA / USDT - Cardano

Up approximately +232% from October lows…

Included within Bullfinder AI Update - 12/11/24
Charts by TradingView.

XRP / USDT - Ripple

Up approximately +198% from October lows…

Charts by TradingView.

AVAX / USDT - Avalanche

Up approximately +112% since November lows…

Included within Bullfinder AI Update - 12/11/24
Charts by TradingView.

Other Noteworthy Performances:

  • SAND / USDT - Up approximately +244% from October lows…

  • MANA / USDT - Up approximately +169% from October lows…

  • DOT / USDT - Up approximately +148% from October lows…

When will the run be over for Alt Coins?

It’s impossible to say exactly when these runs will end for the smaller coins…

It could be over in the next few days, next few weeks, next few months…

…Or…

We could see a persisting short to mid-term bullish cycle amongst some of the coins with smaller market caps but high-quality blockchain networks and gold-standard tokenomics.

That’s if investors continue to perceive the value of an inflation hedge being greater than the rewards associated with standard, traditional financial instrument returns.

All cryptocurrencies, but specifically smaller coins, do however warrant significant caution and remain highly speculative instruments, that to a certain extent, move uniquely and independently of each other. You should always speak with your licensed financial advisors and do your own research before getting involved with such instruments.

Why Crypto is now a Serious Game…

Cryptocurrencies have proven their resilience over the last decade.

The majors have shrugged off multiple bear markets and gained significant value over the last 5-10 years…

…and the tech works.

Additionally, there is now a Bitcoin ETF (Exchange Traded Fund) available to mainstream investors, which has attracted a higher caliber of investors and Fund managers than ever before.

But the biggest reason cryptocurrencies are becoming a formidable asset class, is the Fiat currency Inflation dilemma.

Source: MFHOZ

With the purchasing power of the USD approaching $0 FAST, investors are now valuing the posed proposition of large and small cryptocurrency assets alike…

  • Store of Value

  • Truly Limited Supply, some tokens are even deflationary

  • Low to no Storage Cost

  • Low to no Cost to Transport

  • Low Cost to Transfer

  • Autonomy over Funds Transfers

  • Liquid - High Speed and low cost to transform back to Fiat currency

  • Low to no Intermediary Oversight on Transactions

  • Activity possible 24/7, without 3rd party intervention

  • High level of Privacy

  • Increasing level of security

All of these aspects, plus, again, the increasing likelihood that the value of an inflation hedge will outweigh the net returns associated with standard, traditional financial instrument returns, after accounting for inflation…

…poses a strong argument as to why cryptocurrencies are being taken more seriously, by serious players.

Bitcoin: Warning #1 Issued by Bullfinder AI Tech ⚡️

Now before you get all giddy and sell your family home to buy meme coins (please don’t do that)…We would like to make note of an interesting development from our Tech…

Official Warning Alert for Bitcoin⚡️ 25/11/2024

Bullfinder AI Tech

What does this mean?

Our Smart Tech is designed to find breakout markets, and monitor for changes in momentum…

But it has also been fine tuned to identify markets that may be posing levels of elevated risk.

It is not designed to pick exact tops, but our team has found it to be a useful guide for the sole purpose of ‘avoiding poor entries of initial parcels’ at the top of potentially maturing market runs…

It has saved us from many (what would have been) disastrous emotional entries in the past, and so we’d like to share this valuable tool with you.

BTC / USD - Recent Price History…

Our team would like to remind all of our readers of Bitcoin’s recent change in price…

  • Jan 2023 lows: $15, 480 USD

  • Current price: $98,753 USD

  • Percentage Gain: Over+535%

Bullfinder AI Tech has officially issued ‘Warning #1’ for BTC
Charts by TradingView.

It’s important to be aware that prices do not continue indefinitely in the same manner as their most recent / immediate past, and to tread with caution at all times, but especially within markets that have characteristics of a maturing run.

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Thank you for reading! As always, please review the below disclaimer, and we look forward to sharing future updates with you…

Bullfinder AI Disclaimer…

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