As Bitcoin prepares for its next halving event, expected post-April 2024, blockchain analysts are showing interest in yPredict, an AI trading platform currently in the latter stages of its crypto presale. The attention to yPredict comes on the heels of predictions by crypto analyst PlanB, who anticipates a bullish phase for Bitcoin extending into the first quarter of 2025.
PlanB's "stock-to-flow" model forecasts a bright future for Bitcoin, emphasizing the cryptocurrency's increasing scarcity as a key factor driving its price. Bitcoin's issuance rate drops by 50% approximately every four years, making it progressively scarcer and potentially more valuable.
The analyst expects the upcoming bull run to last a minimum of eight months, culminating in a cycle high for Bitcoin in early 2025.
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yPredict is currently in Stage 7 of its token sale, with less than $300,000 left to raise before the token price rises from $0.10 to $0.11. The platform plans to hit a final target of $6.5 million and has so far secured $4.22 million.
The total supply of YPRED tokens is limited to 100 million, 80 million of which are allocated for the presale. When the platform reaches Stage 8, 17.5 million tokens, or 21.875% of the total supply, will be up for sale at a value of $1,925,000. yPredict's internal estimates suggest that the annual percentage yield (APY) could be as high as 45% each quarter.
yPredict offers a broad range of AI-based trading tools. Apart from trading signals, the platform is developing products like yPredict Predictions, yPredict Analytics, yPredict Repository, yPredict Terminal, and yPredict Marketplace.
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