Cryptocurrency

Bitcoin Price Forecast: Can BTC Maintain Recent Highs as JetBolt Celebrates Selling 320 Million Tokens

Written By : IndustryTrends

Bitcoin’s (BTC) price is near the $100,000 mark, while the young altcoin JetBolt (JBOLT) celebrates a remarkable milestone after selling more than 320 million tokens. After achieving a landmark high price of $108,786 on January 20th, market observers speculate whether Bitcoin could repeat this impressive feat and finally maintain its recent highs. 

At the same time, the excitement of next-gen altcoin enthusiasts builds as JetBolt smashes another presale milestone. JetBolt is a new altcoin boasting a game-changer feature that sets it apart from older cryptocurrencies such as Bitcoin: zero-gas technology. Can JetBolt sustain its presale momentum, and can Bitcoin maintain its recent highs? Read on to find out. 

Bitcoin Price Prediction: Can BTC Maintain Its Record Highs? 

Bitcoin (BTC) reached its all-time high (ATH) of $108,786 on January 20th. Can BTC revisit or surpass this price level soon? 

As of press time, BTC is trading at $95,546, 11.5% below its record high, and reflects a 6.1% price slump over the past two weeks. 

Chart of Bitcoin (BTC) showing its current price at around $95K (CoinMarketCap)

According to Manish Chhetri's report on FXStreet, if BTC continues its price drop, it could extend its downtrend and challenge the psychologically important level of $90,000. 

The report further explains that the crash of the first cryptocurrency could be attributed to the implementation of U.S. President Donald Trump’s imposed tariffs on China, Canada, and Mexico. Last week, Trump’s announcement of tariffs on these major trading partners added further pressure on the volatile crypto market. 

If market conditions improve and Bitcoin recovers and finds support around $100,000, Chhetri’s analysis suggests that BTC could continue its recovery and retest its high of $106,012, achieved on January 31st. 

JetBolt (JBOLT) Presale Sells Over 320 Million Tokens

As Bitcoin faces price correction, the young and explosive altcoin JetBolt (JBOLT) celebrates a significant new high—selling over 320 million tokens since its presale started. JetBolt’s rapid ascent could possibly be a testament to the growing confidence of early buyers toward this new and innovative token. 

At its core, JetBolt is an altcoin flaunting key features such as zero-gas technology, an AI-powered tool, and an easy-to-use crypto-staking platform. 

JetBolt’s zero-gas tech feature, powered by the Skale network, enables crypto users to make transactions without paying gas fees. For starters, the hefty gas fees that typically come with traditional blockchains have long been a barrier to crypto adoption. JetBolt’s adoption of this disruptive technology makes gas fees a worry of the past.

Another interesting feature of JetBolt is its crypto content aggreagtoon tool that leverages artificial intelligence. This high-tech AI utility displays and sorts Web3 content, such as crypto news stories, according to bullish or bearish market sentiment. 

To make the typically complex staking more accessible to crypto newcomers, JetBolt offers a fun and beginner-friendly crypto-staking platform. Additionally, through JetBolt’s Proof of Attendance and Worth protocol, stakers can earn exciting extra rewards when they simultaneously stake their tokens and connect or engage on the platform. 

Currently in presale, JetBolt offers early adopters exclusive presale perks. For instance, they can get up to 25% additional tokens when they purchase Alpha Boxes or JBOLT tokens in batches. 

JetBolt’s celebration of selling over 320 million tokens could be partly fueled by its unique combination of revolutionary features and thrilling early-bird perks. 

Conclusion — Bitcoin’s Price Route and JetBolt’s Presale Momentum

Bitcoin’s current downtrend and its achievement of recording a fresh ATH two weeks ago reflect the crypto market’s inherent volatility. As Bitcoin navigates its current consolidation phase, crypto enthusiasts watch emerging tokens like JetBolt. With its groundbreaking features and exciting presale perks, it’s no wonder that JetBolt gains massive momentum during its presale as Bitcoin inches back towards the $100k mark. 

Learn more about JetBolt by visiting the official JetBolt website today. 

This article does not provide any financial advice. All cryptocurrencies can be highly unpredictable and, thus, risky. Remember to conduct your own extensive research before engaging with any crypto asset. 

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be risky, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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