Bitcoin just added more fuel to the ‘Uptober’ fire, hitting a new all-time high of $125,686 earlier today, October 5.
The latest Bitcoin rally comes on the back of a strong double-bottom support around the $108K level and a surge in ETF inflows, which shows that investors are hungrier than ever for BTC exposure.
Last week, US-based Bitcoin ETFs recorded their second-highest weekly inflows (a staggering $3.24B) since the funds began trading in January 2024.
Out of this $3.24B, $1.8Bwent to BlackRock’s IBIT ETF, which now holds assets worth $96.2B. Next in line was Fidelity’s FBTC, which received $692M in inflows.
For context, the only higher week was the one ending November 22, 2024, when inflows hit $3.38B. This coincided with Donald Trump’s presidential victory, which was widely viewed as a huge boost for the crypto industry.
The fact that Bitcoin ETFs have again drawn near-record inflows, right as Bitcoin breaks into new ATHs, suggests that this move could be just the beginning of a much larger rally in the coming weeks and months.
Read on as we unpack where Bitcoin could be headed next and reveal the best crypto presales to buy to make the most of this explosive rally.
Bitcoin Price Prediction: Short-Term Targets, Long-Term Potential, and What Comes Next
For starters, seeing as Bitcoin is now on a very sharp, almost one-sided run-up from the $108K level – a 15% gain in just a little over a week – it would actually be ideal if Bitcoin gives a small correction here, pulling back either to its previous ATH for a retest or perhaps a little deeper to around $120K before continuing its rally upward into uncharted territory.
While that would be the most ideal scenario, there’s no certainty in crypto, and as we’ve seen in the past, it’s entirely possible that this move continues for a couple more weeks without slowing down.
Speaking of a potential target, given that Bitcoin has broken out of an ascending triangle pattern, we can use classic technical analysis by measuring the width of the triangle and mapping it onto the breakout level.
This projects a target of around $135K, meaning there’s still quite a bit of upside left from current levels.
That said, this is a short-term Bitcoin price prediction based on the daily chart. For a longer-term outlook, experts zoomed out to the weekly chart, which shows that Bitcoin is in a very strong uptrend, supported by an upward-sloping trendline.
More notably, it’s now right on the cusp of breaking above its long-term resistance.
By classic technical analysis standards, this breakout could extend as far as the width of the rising wedge pattern, which gives a massive target of around $550K – roughly a 335% gain from current levels.
All in all, Bitcoin looks extremely bullish from every angle. And if you want to maximize your gains from the upcoming rally, consider looking beyond Bitcoin into low-cap, high-upside presales.
Here are our top 3 suggestions.
1. Bitcoin Hyper ($HYPER) – Layer-2 Bitcoin Solution for Faster Transactions and Web3 Support
Bitcoin Hyper ($HYPER) is primed to benefit the most from a Bitcoin bull run, thanks to its game-changing mission to turbocharge the Bitcoin blockchain with lightning-fast speeds, low fees, and full Web3 support.
Currently, Bitcoin is among the slowest blockchains in the world, capable of processing just 7 transactions per second. The benchmark, however, is Solana, which boasts over 65K TPS.
$HYPER aims to bring Bitcoin up to modern blockchain standards. It will do so via its brand-new Layer 2 solution that acts as a side lane to Bitcoin’s main expressway, processing thousands of transactions in parallel, unlike Bitcoin’s current one-by-one system.
On top of that, $HYPER will also allow developers on Bitcoin to finally build smart contracts and decentralized applications through Solana Virtual Machine (SVM) integration.
All you have to do as a Bitcoin Hyper user is utilize its decentralized, non-custodial canonical bridge to convert your Layer 1 Bitcoin tokens into wrapped Layer 2-compatible tokens to interact with Hyper’s SVM-powered Web3 environment.
This includes high-speed DeFi trading apps, NFT platforms, lending, staking, DAOs and governance, and even gaming dApps.
Given its potentially revolutionary roadmap, it’s no wonder Bitcoin Hyper has become one of the best crypto presales of the year, already raising over $21.4M from early investors, including whale transactions of $373K and $177K in just the last few hours.
The best part? 1 $HYPER token is still available for a super-low price of $0.013055.
Act fast! Buy $HYPER before the next presale stage begins.
2. Snorter Token ($SNORT) – New Telegram Trading Bot for Swiping Meme Coin Liquidity
Snorter Token ($SNORT), like Bitcoin Hyper, aims to solve a critical problem in the crypto space – the unfair dominance of institutional players in Solana meme coin trading.
Right now, these big-money players use advanced tools and algorithms to scoop up all the liquidity in newly listed meme coins, essentially leaving retail participants with no chance to benefit from those initial meme coin pumps.
Snorter Bot, however, changes the game by letting you place buy/sell limit and stop orders well before the liquidity kicks in for a token.
Thanks to Snorter’s sub-second automatic execution, you no longer have to scramble for that perfect mouse click, which, admittedly, almost never happens in such a fast-moving market.
Even better, placing orders with Snorter Bot is extremely straightforward. All you have to do is send simple commands in a Telegram chat. It’s honestly no different from messaging friends or family.
Snorter Bot further sweetens the deal with top-notch security. You’re protected from all kinds of on-chain threats like rug pulls, front-running, honeypots, and even complex Maximal Extractable Value (MEV) attacks.
Currently in presale, $SNORT has already raised over $4.29M, with each token priced at just $0.1069. Even better, buying $SNORT unlocks an entire tier of exclusive perks, including:
- Reduced trading fees of just 0.85% (compared to 1.5% for non-holders)
- No daily sniping limits
- Advanced analytics for smarter trading
- Staking rewards currently yielding 112%
Grab your $SNORT tokens now before the presale ends in the next 15 days.
3. Remittix ($RTX) – Revolutionizing Cross-Border Crypto-to-Fiat Transfers With Zero FX Fees
Remittix ($RTX) is another top crypto presale that’s deeply rooted in providing real-world utility to its users. It aims to revolutionize the global cross-border payments market, which is expected to hit $250T in valuation by 2027.
Using Remittix, you’ll be able to send crypto to just about anyone in the world, even in crypto-unfriendly tier 2 and tier 3 countries.
That’s because even though you send out a crypto payment, the recipient will be able to receive it directly in their bank account as fiat currency.
The best part? Neither the recipient bank nor even the user will know that the transaction originated as a crypto transfer, effectively plugging the gap that currently exists between crypto and traditional banking systems.
Even better, unlike typical money transfers that usually take up to a week and charge anywhere from a small percentage to hefty transaction fees, Remittix transfers will not only be instant but will also charge zero forex fees.
The Remittix presale has already accumulated over $27M from savvy investors who are backing this project to be the next big breakout winner.
And you can join the party by buying $RTX for just $0.1130 each.
Recap: With Bitcoin hitting new all-time highs and eyeing even bigger gains ahead, now’s the perfect time to load up on low-priced, high-upside crypto presales like Bitcoin Hyper ($HYPER), Snorter Token ($SNORT), and Remittix ($RTX).
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Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.
Source: https://coindoo.com/best-crypto-presales-to-buy-as-bitcoin-nears-ath-and-etf-flows-rise/