Bitcoin recently crossed the $40,000 barrier after trading below $30,000 for most of 2023. If you missed this surge, analysts have predicted another possible BTC surge in Q1 2024. However, savvy investors are more focused on Borroe Finance ($ROE), and they say it is one of the best cryptos to buy for massive ROI in 2024. Keep reading to see expert forecasts and opinions on these tokens.
BTC Rallies for Massive Bull Run in Q1 2024
Crypto experts have outlined two factors that will likely trigger a bull run for Bitcoin in early 2024. The first factor is the approval of Bitcoin Spot ETFs, while the second is the upcoming BTC halving in April 2024. On December 22, the US SEC officials met with representatives of BlackRock and other DeFi companies. According to reports, the SEC has asked BlackRock and GrayScale Investments to amend their proposals.
Bloomberg analysts James Seyffart and Eric Balchunas have anticipated that the SEC will approve Bitcoin Spot ETFs before January 10. They settled on this conclusion after noting that BlackRock had already implemented some SEC recommendations, such as the cash redemption system. However, some experts have said that BlackRock’s decision to appoint a ‘Prime Execution Agent’ (likely Coinbase) might not sit well with the SEC.
BTC recorded a double-digit surge in December thanks to these optimistic Bitcoin predictions. On December 1, BTC traded at $37,780. 23 days later, BTC gained 15.47% and sold for $43,642. According to analysts, BTC will break through $50,000 resistance in Q1 2024 thanks to an influx of investors looking to profit from the upcoming BTC halving in April 2024.
Holiday Crypto Update: Borroe Finance Raises $2.1 Million
The best way to separate high-value new DeFi projects from low-value ones is by gauging investors’ interest in the early stages of the project. For example, Borroe Finance started its presale in the second half of 2023. Currently, $ROE is in its third presale stage, and Borroe Finance will have raised $2.1 million by Christmas. Savvy investors are interested in Borroe Finance because it is the world’s first AI-powered fundraising platform.
Thanks to Borroe Finance, web3 businesses can raise instant cash by selling future subscriptions, royalties, and invoices to supportive communities at discounted prices. To protect users on the platform, Borroe Finance had BlockAudit test and verify the network architecture of the platform. In addition, Borroe Finance recently released its smart contract address to promote transparency and foster public trust in the project.
Currently, $ROE is selling for $0.0175 in its third presale stage, which is nearly complete. After all presale stages conclude, $ROE will be listed on major crypto exchanges and sell for $0.04. When this price movement plays out in 2024, analysts believe early $ROE investors will be the biggest beneficiaries thanks to a massive surge in $ROE’s price.
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