SHIB Whale has set an ambitious target for Bitcoin as he believes BTC price will reach $120,000 in this market cycle. This highlights the positive mood prevailing in the crypto market as traders and investors are gearing up for more opportunities.

While everyone’s eyes are on BTC price, the altcoin market is also becoming active as more bold predictions are being made concerning niche projects. One of them is IntelMarkets which is quite interesting for its novel concept of trading.

The platform uses AI technology and provides traders with unparalleled tools to ease their decision-making and automate strategies. With the promise of exceptional performance, IntelMarkets is becoming a game-changer in automated trading, with forecasts hinting at huge growth this month.

Why Bitcoin Price Could Hit $120K in This Bull Cycle

Bitcoin has always been known for its intense fluctuations, but SHIB whale is pointing to a significant BTC price climb by late 2024, with predictions hovering around $120,000. Such a positive outlook is based on a combination of economic factors and broader adoption trends, which have changed many investors’ outlooks on the use of cryptocurrency.

This is further confirmed by the fact that there is a strong supply-side argument regarding the features of Bitcoin. With only 19 million coins ever to exist, scarcity drives value. In addition to this, high inflation expectations brought about by central banks make Bitcoin more appealing to people who want to safeguard their assets.

Moreover, Spot Bitcoin ETF, backed by major financial players, is making the asset more accessible. As a result, investors who would have previously avoided Bitcoin investments are now getting involved. With increasing inflows into these Spot Bitcoin ETFs, we can expect a positive shift in acceptance of Bitcoin among great institutions.

Even more, its reputation as a hedge against inflation and geopolitical instability is growing stronger, especially as traditional markets face uncertainty. With increasing global tensions, investors are looking for alternative investments apart from the stock market or other traditional assets.

Therefore, Bitcoin, with its decentralized nature and resistance to central bank influence, is increasingly viewed as a safe bet. Given these factors, it’s not hard to see why many expect Bitcoin price to hit $120,000 by Christmas 2024.

How Shiba Inu (SHIB) Reflects Changing Altcoin Narratives

Shiba Inu (SHIB) is changing the perspective of investors on altcoins. Once dismissed as a meme coin, it has a new narration with real-world mechanics, such as its deflationary token burn. Recently, the burn rate jumped by 464% in one week which purged over 624 million SHIB tokens in the market. This drop in supply creates a potential for value growth which sets the coin apart from other speculative tokens.

In addition, the actions of the SHIB whales have an impact that backs up this transformation. As large investors show confidence in Shiba Inu, it signals that the altcoins could be more than just a fleeting trend. The influence of the whale assists in adjusting the perception of Shiba Inu (SHIB) in terms of more long-term viable altcoin strategies.

Also, this shift in narrative can be seen in Shiba Inu’s recent price action. It recorded an increase of almost 6% in a single day and rose to $0.0000251. With further reductions in supply and growing development such as Shibarium, Shiba Inu (SHIB) is strategizing to become a more serious competitor in the altcoins market.

IntelMarkets and Its 3300% Surge Potential

IntelMarkets is gaining more and more recognition among the ongoing crypto projects, thanks to its innovative approach combining AI and blockchain technology. Industry analysts are predicting huge growth for the platform, with some forecasting a potential 3,300% increase in value this month alone.

This is mainly driven by IntelMarkets’ unique trading robots powered by AI that monitor blockchain data in real time. Recent updates show that IntelMarkets is on the quest to expand its reach.

The platform’s presale has already raised over $2.4 million, with tokens priced at $0.05 in the current round. The next round’s price is set to increase to $0.06, which shows an increased demand as more traders jump on board.

Investors who are part of the IntelMarkets ecosystem can benefit from advanced functionalities such as 1000x leverage trading. Hence, using this platform presents various profitable opportunities even to small-time investors. Using this platform, traders can tap into exclusive environments usually reserved for those managing assets worth over $100 million.

Moreover, coupled with powerful tools such as real-time market data and advanced charting software, IntelMarkets empowers its users to make profitable trades with ease.

The utility token of the platform is $INTL which plays an essential role in the IntelMarkets ecosystem since it drives staking, governance, and management. This further bolsters the platform’s growth potential and makes it exciting for investors and traders looking for cutting-edge technology in the crypto space.

Backed by its whole range of offerings and advanced solutions based on AI, IntelMarkets is seeking to be more than a marketing player, but rather a player from which significant returns can be expected.

Discover More About IntelMarkets:

Presale: https://intelmarketspresale.com/

Buy Presale: https://buy.intelmarketspresale.com/

Telegram: https://t.me/IntelMarketsOfficial

Twitter: https://x.com/intel_markets