AltSignals (ASI) price forecast as Bitcoin records highest monthly gain since 2020

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Written on Feb 29, 2024
Reading time 3 minutes
  • BTC continues its remarkable run, closing in on its ATHs.
  • The leading crypto jumped 45% in Feb to levels not seen since Dec 2020.
  • Signal provider AltSignals sees demand as investors venture into the booming crypto market.

Bitcoin (BTC) maintained a bullish outlook at press time, hovering at $63,084 following an 11% 24-hour jump. It has gained over 45% within the past month, the most monthly gain since Dec 2020.

BTC 1 Month Chart on Coinmarketcap

Meanwhile, BTC’s robust recovery has catalyzed bullish actions in the altcoin market. Ethereum (ETH) price approaches the vital $3,500, while AltSignals’ (ASI) AI-based trading signals see boosted demand as proponents explore profitable opportunities in the digital assets space.

Bitcoin approaches ATHs

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BTC’s journey to the $69K all-time high continues, breaking past 60K on Wednesday. The leading crypto reflects robust momentum ahead of its April halving. The significant rally catalyzed massive traffic in cryptocurrency exchanges, crashing Coinbase.

Meanwhile, most experts believe the dominant digital coin will overcome record highs seen in Nov 2021. City Index analyst Matt Simpson affirmed that “bitcoin is back in its parabolic-rally phase.”

The spot Bitcoin ETF approval early in 2024 has attracted new players and revitalized public excitement. The latest stats show BTC exchange-traded funds attracted record-breaking inflows of $676.8 million on Wednesday.

Also, the upcoming halving event has attracted individuals. It involves reducing the rate of BTC minting and miner rewards by half. That reduces Bitcoin supply, triggering surged demand and price growth.

AltSignals flourish as trading signals see surged traction

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AltSignals witness improved demand as individuals explore opportunities within the booming crypto market. The project leverages AI, predictive models, and machine learning to offer massive and accurate trading signals.

Experienced investors launched AltSignals in 2017 to help traders make informed decisions when interacting with online investments. Its 64% success rate has attracted more than 50K subscribers, whereas Trustpilot’s 4.9 rating confirms the signals’ impressive accuracy.

The team has continued to build, recently integrating an AI stack to supercharge their trading algorithm with real-time insights and opportunities.

AltSignals remains poised for robust growth as the cryptocurrency industry eyes record highs.

Should you invest in AltSignals in 2024?

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AltSignals remains poised for massive growth this year as artificial intelligence takes center stage. Its detailed roadmap highlights robust growth for the project. The team will launch an AI-based NFT marketplace, secure sentiment analysis collaborations, and launch a new website in Q1 2024.

Meanwhile, real-time notifications, vital partnerships to license AltSignals AI stack ActualizeAI, and affiliate deals to catalyze further growth will dominate Q2 2024.

The project has bullish developments lined up for the years, with updated product releases, global marketing, and a two-click onboarding for users dominating ASI’s Q3.

The bullish roadmap, ongoing AI boom, and Bitcoin’s expected move past ATHs bodes well for AltSignals’ growth in 2024. Experts forecast 100X for ASI price in the coming twelve months.

You can find more information about AltSignals on their website.