Recently, a crypto expert who forecasted Bitcoin’s (BTC) rise to $74,000 is back again with another bullish speculation on an ETF token, ETFSwap (ETFS), predicting a 66x surge for the token. Let’s see his analysis.
Crypto Expert Forecast Bitcoin (BTC) Rise To $74,000
Shortly after the crypto winter that started in May 2022, Bitcoin (BTC) and several other assets fell drastically as the bears took total control of the crypto market. Towards the end of the year, Bitcoin (BTC) crashed below $16,000 and continued to trade sideways into 2023.
However, despite this severe downtrend, a crypto expert speculated a surge above $73,000 for Bitcoin (BTC). One of the factors influencing the prediction of the crypto expert was the ongoing battle for the approval of crypto-related ETFs in the United States. Also, the crypto expert reiterated that the upcoming Bitcoin (BTC) halving would be a massive catalyst to push the price of Bitcoin (BTC) to new highs.
Bitcoin (BTC), following the crypto expert price prediction, surged to a new all-time high of about $74,000 in March 2024, just two months after US regulators approved the first Bitcoin ETFs. However, Bitcoin (BTC) failed to sustain the high as the bears sprang into action, pushing its price below $64,000 by April 2024. According to asset tracking platform CoinGecko, Bitcoin (BTC) continues to hover around the $58,000 mark with a market dominance of over 53%.
ETFSwap (ETFS) To Ride Bullish Wave To New Highs
As the crypto market gears up for the next bull run, ETFSwap (ETFS), a crypto ETF trading platform, has caught the attention of crypto experts. One of the things that impressed the crypto experts about ETFSwap (ETFS) is the platform’s unique approach to exchange-traded funds (ETFs) with asset tokenization.
ETFSwap (ETFS) allows users to trade tokenized ETFs, which directly represent traditional ETFs on the blockchain. Therefore, they can invest in assets not readily available on the blockchain, like precious metals.
ETFSwap (ETFS) has also provided users a comprehensive Web3 trading platform with 24/7 liquidity and round-the-clock access to trade ETFs. Further, its easy-to-use API makes it possible for experts and newbies to get the best trading experience. The crypto expert is also attracted to the sleek trading features on the platform, which include leverage trading and fractional ownership.
However, more importantly, the crypto expert has shown keen interest in the platform’s native token ETFS, which is of the ERC-20 token standard. ETFS serves as the key to unlocking all the features on the network, including trading tokenized ETFs. In addition, token holders can increase their income stream with passive income from staking ETFS on the platform pool.
Further, token holders will have the opportunity to be active participants on the network, having a say in decisions made on the platform through voting. Due to its significance on the network, ETFSwap (ETFS) is currently offering ETFS to everyone at a low price of $0.01831 in its ongoing presale phase. Investors of varying portfolio sizes from different regions are rushing to buy ETFS now at this current price, as its price will soon increase to $0.03846, giving them automatic profit. But there is more.
Conclusion
As the bears and bulls continue to battle for control over the price of Bitcoin (BTC), the crypto expert has predicted that ETFSwap (ETFS) will surge by over 66x ahead of the next bull run.
According to the crypto expert, the influx of buyers and the sporadic growth of the ETFSwap (ETFS) ecosystem will bring about this massive surge. For intending buyers, the door of opportunity is still open, so make that move and buy ETFS today before it surges by over 66x to new highs.
For more information about the ETFS Presale:
