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Bitcoin (BTC) has been getting attention again with the price action that is preparing for a possible break above $103,000. However, as buyers focus on the movements of Bitcoin, another potential in the cryptocurrency industry, Ozak AI, is gradually gaining popularity.
Bitcoin rose 11.50% from its January 13 low of $88,900 to retake important barrier levels at $95,350 and $96,150. This price movement was accompanied by a bullish engulfing candle indicating a potential further rise in the prices. These experts think that BTC is now in the distribution stage of the so-called “power of 3” pattern that shows potential levels of liquidity at around $103,000.
The recent surge in the cryptocurrency is also associated with positive macroeconomic factors. Lower than expected inflation rates in December, including the core CPI at 3.5% and unadjusted CPI at 2.9%, helped propel risky assets such as Bitcoin. AlphaBTC and other analysts have pointed out $103,000 as a level to watch, as a breakout could propel Bitcoin to new highs. However, a failure to achieve this mark can cause a downward move towards the $80,000 level.
While the Bitcoin price continues to be of interest, newer projects such as Ozak AI are providing a chance for early investors to buy and hold for the future.
Recently, the project Ozak AI, which is based on the principles of blockchain and artificial intelligence, has attracted much interest. The project incorporates artificial intelligence-based predictive models together with decentralized solutions to provide financial planning and market analysis tools. At the second stage of the presale, one Ozak AI token costs $0.002. However, once the presale ends, the initial listing price is set at $0.05.
Up to $23 million has been collected in the presale, with early contributors leading the way. Ozak AI has recently started a reward program to promote more participation with $100,000 in total rewards. The first place winner will be awarded $50,000, the second place winner will be awarded $25,000, and there will be one hundred other winners with different prizes. This causes the buyers to lock in tokens at the first stage of the game.
Ozak AI token price is expected to reach $1 by 2025, and this makes it an investment worth considering, especially for early investors.
Ozak AI has developed a technology platform where predictive AI models are applied in blockchain analytics. These models employ the application of machine learning such as ARIMA and neural networks to generate market trends analysis and risk management forecasts.
The most important aspect is the Ozak Stream Network (OSN) which allows the system to deal with huge amounts of data in real-time mode. This ensures buyers can get the information they need when making decisions. Furthermore, the ability to create customized prediction agents enables users to make AI models perfect for their specific applications, thus making the platform more versatile for applications across different sectors.
In addition, the project is scalable and secure. Ozak AI leverages the DePIN framework for the distributed storage of data to increase data privacy and system stability. The Ozak Data Vaults are used for preserving the information that is considered to be confidential, and the EigenLayer AVS system checks the data’s authenticity.
For more information about Ozak AI, visit the links below:
Website: https://ozak.ai/
Twitter/X: https://x.com/OzakAGI
Telegram: https://t.me/OzakAGI
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
