After the successful Bitcoin halving this past Friday, the blockchain reached a total of 840,000 blocks. The halving event also reduced the mining reward to 3.125 bitcoin per block.
The advent of this event has cast a shadow on the efforts of bulls to push BTC’s price towards the $100,000 mark. Altcoins, on the other hand, reflected minimal changes under the bearish influence of the cryptocurrency market.
While the current struggles of the market have left investors scrambling for a solution, Bitgert has emerged as a beacon of hope.
In this article, we will give a detailed analysis of Bitgert’s price trajectory post-Bitcoin halving.
Bigert, Making a Difference in the Market
Bitcoin’s price continues to trade below the $65,500 resistance after another failed attempt by bulls to turn the dream of $100,000 into reality. Bitcoin’s failure to have a major breakthrough after the halving event has reflected in the market.
Several altcoins have enjoyed very slight upticks in price action. Despite the turbulent waters of the market, Bitgert (BRISE) has managed to make a difference.
Bitgert’s Price Analysis
Bitgert (BRISE) has been defying market trends for a while after surging 60% in February and an impressive 80% in March. Now trading at $0.000000187, reflecting a 10% intraday spike and a 17% over the last 7 days, Bitgert is on course for a major upswing in 2024.
Moreover, other technical indicators signal increased momentum for a potential rally. For instance, the Bitgert’s Relative Strength Index (RSI) signal, whose reading was 60.2, indicates the market is building momentum for a potential increase in the Bitgert’s market value.
The Exponential Moving Average (EMA) also showed the same narrative. As of press time, the 20 EMA was below the 50 EMA, also indicating a bullish trend. And to cap it all, Bitgert’s Moving Average Convergence Divergence (MACD) signal is above the zero line, indicating there is an increase in positive investor sentiment for Bitgert in the market.
Most of the major technical indicators point to a bullish future for Bitgert. BRISE is expected to continue on this trajectory and break past the $0.00000072 resistance level before May.
Experts believe Bitgert will lead the market resurgence in Q2 with a potential surge of 3000%.
Conclusion
After surging by 10% in the last 24 hours, at the time of press, Bitgert is ready for a forecasted surge of 400% before May and another 30x in the second quarter.
FOMO (fear of missing out) has aggressively drawn investors and traders from all corners of the market to the project. You wouldn’t want to miss out on a project like Bitgert.
Opportunities like Bitgert don’t come twice; make sure to invest in Bitgert today.
Source: https://thenewscrypto.com/bitgert-coins-price-trajectory-post-bitcoin-halving-detailed-analysis/