The post Bitcoin (BTC) Is Stuck Below $31,000 – Can New Market Entrants Match Its Potential? appeared first on Coinpedia Fintech News

Bitcoin (BTC) is still trading below the $31,000 level and has remained stuck in the $30,000 zone for ten days. While bulls are confident that Bitcoin’s (BTC) growing adoption will soon result in improved price performance, VC Spectra (SPCT) has attracted praise from top experts and drawn in a large number of investors during its public presale phase. The platform has raised $2.4 million in its private seed sale, and early adopters are looking at 10x gains before the launch.

Bitcoin (BTC) Struggles to Reach $31,000

Bitcoin is currently priced at $30,945, surging by 1.06% in the last 24 hours. Bitcoin’s price has remained well above the $30,000 level during the last ten days, but it has been unable to surpass the $31,000 range.

Despite recent market-wide crashes caused by ongoing regulatory issues, Bitcoin has maintained its leading position in the crypto sphere. Many financial institutions like Fidelity and BlackRock recently filed for Bitcoin spot ETF applications, and BTC whales recently carried out massive transfers worth $1.178 billion.

These positive developments have led Bitcoin bulls to expect significant price rallies before the next halving event in April 2024. If their predictions come true, Bitcoin’s price will not only surpass the $31,000 range but reach above $34,000 by the end of the month.

On the other hand, Bitcoin bears warn that things may not go so smoothly and that the price could drop toward the $27,000 level in the following term. To avoid this potential downtrend, Bitcoin (BTC) will soon need to surpass the $31,000 threshold.

VC Spectra (SPCT) Forecasted to Eclipse Crypto Competitors

This new hidden gem continues to build significant momentum during its public presale phase. So far, investors have bought 78,082,590 VC Spectra tokens, or 62.47% of the total Stage 1 supply (125,000,000 SPCT).

On the other hand, VC Spectra continues to impress crypto’s top analysts with its game-changing features and incredible real-life utility. Hence, many have predicted that it has the potential to outperform competitors and approach the likes of Bitcoin.

VC Spectra is a community-based decentralized hedge fund that offers the most viable investment possibilities in current blockchain projects and technology startups. Its seamless protocol and unique benefits enable users to trade with confidence and receive maximum gains at minimal risk.

The users can diversify their portfolios with the most lucrative options from a wide array of tokens and niche markets. VC Spectra’s advanced AI trading systems boast unrivalled levels of accuracy and precision. Thus, the users can make smart investment decisions that are ultimately rewarded in the form of quarterly dividends and buybacks.

Additionally, VC Spectra deflationary token grants voting rights for future sales and unique access to pre-ICO discounts. These benefits empower holders to get involved in its democratic community and influence the success of their investments.

Currently, VC Spectra is still selling for $0.008, and early investors will receive an amazing 37.5% ROI once the token enters the 2nd presale stage and rises to $0.011. However, the targeted launch price of $0.08 will bring as much as 10x gains, and the returns will grow exponentially higher as VC Spectra continues to build momentum.

So, now is the best moment to invest in the token’s fantastic real-life utility and secure lasting profits as VC Spectra (SPCT) rises to the top of the crypto industry!

Learn more about the VC Spectra presale here:

Buy presale | Telegram | Twitter

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Filed under: Bitcoin - @ July 6, 2023 6:20 am