Coinbase Makes Bold Bitcoin Prediction For December Despite Market Downturn: Why Digitap ($TAP) is the Best Crypto Presale This December

Despite Bitcoin’s struggles in recent weeks, Coinbase analysts believe that Bitcoin’s recovery will begin this December. This is mainly owing to an increase in M2 money supply, an increase in liquidity, and the rising chances of a rate cut.

While all of this is bullish for BTC, there is also massive investor interest in Digitap ($TAP). As a pure utility play, Digitap fared surprisingly well during the recent crash, delivering 160% returns. Many investors believe that Digitap will be the top crypto to buy when the next bull run takes off in December.

Coinbase Believes Bitcoin Will Begin Recovery in December

Bitcoin has been sitting in the $85-95K range for a couple of weeks now. It has failed to cross the $95K resistance level multiple times. It is expected that Bitcoin will hit $100K once that threshold is crossed. With an RSI of 48, technical indicators seem to suggest that Bitcoin will hold its price for the next few weeks. 

However, analysts at Coinbase now believe that Bitcoin’s recovery will commence in December. There are three major reasons for this:

Federal Rate Cut Could Increase Liquidity

First, Bitcoin’s liquidity issues seem to be ending. The constant outflows present during October and November seem to be dying down. The main reason for this is that a federal rate cut is now expected on December 10th, when the Federal Reserve is scheduled to meet. A rate cut pushes investors and institutions towards riskier assets, usually causing 

Bitcoin’s price to rise.

M2 Money Supply at its Highest Since 2022

The second reason is the high M2 money supply. M2 is the sum of all physical currency, demand deposits, savings deposits, short-term deposits, and money market mutual fund balances. Historically, Bitcoin’s price has been closely correlated with M2, as it shows the increase in funds that are readily available to investors.

Whale Selloff Slows Down

Lastly, on-chain data shows that long-term holders of Bitcoin have slowed down on offloading the asset. On a 90-day moving average basis, 1,000 BTC are being sold every day. This is down from 2,350 BTC in October, signaling a bull run based on historic data.

If Bitcoin’s price begins to rise, there should be a similar trend in most altcoins. Investors are quite bullish on Digitap, with some labeling it as the best altcoin to buy in December. Digitap’s crypto presale managed to deliver large returns even during the crash, so investors expect it to skyrocket once the bull cycle begins again.

Digitap Multi-Rail Architecture Makes it a Top Crypto to Buy for the Bull Run

Digitap is an omnibank that aims to bridge the gap between crypto and fiat. Through the Digitap app, users can make payments in both crypto and fiat simultaneously. Crypto can be converted to fiat and vice versa instantly. The funds can then be spent across the world through Digitap’s Visa card.

Many now consider Digitap to be a top crypto to buy in December. This is because Digitap’s end goal is to be the one-stop borderless banking solution for everyone. To achieve this, it offers everything a traditional bank would.

Users can access a high-interest offshore account, make payments through IBAN and SWIFT, access a multi-chain wallet, and create unlimited virtual Visa cards. It is also possible to apply for a physical card.

Businesses can also utilize Digitap to send payments across the world. Digitap has customized business plans that allow corporations to set up multiple accounts and access special features such as payroll and invoicing.

Digitap’s Presale Could Explode Once the Bear Market is Over

Digitap has already done well in the bear market, delivering 160% returns even as most major coins fell. Having already raised over $2.3 million, many investors believe Digitap’s presale inflows will skyrocket if the overall crypto market goes on a bull run.

One thing that sets Digitap’s crypto presale apart from its competitors is that it already has a working service. While other presales raise funds first and launch the product second, Digitap is already being used by thousands.

Digitap’s roadmap shows a clear development direction and how the funds raised from the presale will be spent. With a specific phase focused on mass adoption, investors believe Digitap could access a market worth trillions.

USE THE CODE “TAPPER20” FOR 20% OFF FIRST-TIME PURCHASES

Over 120,000 wallets have purchased almost 140 million tokens so far. Digitap tokens are currently selling for $0.0361, which is almost a 75% discount from the launch price of $0.14. It is expected that the price will soon increase to $0.0371, which is causing smart investors to act quickly to buy what could be the best altcoin in December.

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Presale https://presale.digitap.app

Website: https://digitap.app 

Social: https://linktr.ee/digitap.app 

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