Bitcoin’s halving event often triggers massive pumps in the price movements of hundreds of tokens and cryptocurrencies in the market. However, since the long-awaited halving event in 2024 took place, there have been more declines than upward movements in the market.
Despite the bearish bias of the overall market, investors and big market players are confident in a market rebound in the next few weeks. Speculations about building bullish momentum have been hovering around the industry, setting the pace for altcoins like Bitgert.
Bitgert, a crypto engineering company, has a long track record of delivering massive profits to its investors as well as its holders. Experts predict Bitgert will ride on the bullish momentum and peak at an all-time high in a couple of weeks.
Let’s review the details.
New Market Entrants Could Trigger a Market Resurgence
It’s been nearly a week since the quadrennial halving concluded, and since then, the market has seen more declines than upward movements. Major cryptocurrencies such as Bitcoin, Ethereum, and Solana have hit a slump, plummeting by a landslide since last Saturday.
Bitcoin has fallen by approximately 5% in the last 48 hours after oscillating between $60,000 and $67,000 in a larger time frame (i.e., 7 days). Ethereum, on the other hand, has also shown instability and high volatility, with an intraday fall of over 2.5%. Bitcoin, Ethereum, and other major altcoins are suffering from the current bearish condition of the market.
However, there are growing speculations that the new market entrants could continue to exploit the opportunity and buy the dip. Should this happen, there would be increased buying pressure in the market and, consequently, the possibility of a market resurgence in a couple of weeks.
Bitgert’s Market Potential
Experts are confident in Bitgert’s market potential to ride on the imminent market momentum and deliver massive returns to its investors.
Bitgert is an innovative project, home to a long list of unique solutions and functionalities. Some of these solutions include Bitgert Exchange, Bitgert Chain, Bitgert Startup Studio, the Influencer Grant Program, LocalBitgert, etc. These solutions were built with a focus on providing users with the best digital experience.
For instance, Bitgert Exchange, one of its native solutions, topples other exchanges in the market by providing users with unmatched advantages while performing transactions. Birgert Exchange users have bullet transactional speed and ultra-low gas fees. Bitgert achieves a bullet transactional speed of 100,000 TPS with its unconventional use of the PoA consensus mechanism.
ThePrint ValueAd Initiative content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.