How Far Will Bitcoin Pump In 2023? This New AI Tool Will Help You Do That!

The price of Bitcoin has been unusually volatile in the last few weeks as outside factors seem to be heavily impacting the price of crypto’s number one coin. The volatility of the market for the last year seems to be the norm now rather than a flash in the pan.

This has made it harder and harder for traders to predict market trends and the introduction of sophisticated algorithms and bots has made it nearly impossible for traders to get an edge.

Step up yPredict (YPRED) a new trading platform that uses Ai/ML experts, financial quants, and traders to give their users every possible advantage in the market.

Before we look at how it works let's take a look at where the price of Bitcoin will end up this year.

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Can Bitcoin break $30k and keep pumping? 

As we can see from the chart above, the last month has been very volatile for Bitcoin (BTC). This comes off the back of consistent growth almost throughout Q1 so it is a bit surprising to see the price fluctuate so much. However as usual this pattern is out of Bitcoins control. 
Because Bitcoin is crypto's biggest coin it tends to be affected more by larger market trends rather than micro decisions within its ecosystem. The volatility we have seen in the last month is likely due to the increased feeling that crypto is headed to a major crossroads.

Interest rates are something to take into account of course as the UK struggle has caused a lot of experts to feel that rates in the states may not be about to slow down as initially expected. We have now had back-to-back FED meetings where we thought interest rates would finally be slashed but instead, they have been increased. Unfortunately, this may continue.

Even more of an issue for the price of BTC however is the possibility of impending regulations. The industry and the SEC seem to be in sort of a standoff at the moment. We have the chairman threatening a tightening of regulations while on the other side, the Coinbase CEO is threatening to move their operation outside of the states.

This standoff means the price of BTC is likely to remain volatile until we have some sort of clarity over regulation developments. It makes it nearly impossible for any trader to make an accurate prediction of what might happen. This is where yPredict can come in and save the day.

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Why yPredict can help investors predict Bitcoin's future price

So we know the problem is that the market is getting even harder to predict and that sophisticated algorithms and bots are pushing out traders so what is yPredict’s (YPRED) solution? Well as we mentioned they will have the very best of  Ai/ML experts, financial quants, and traders on their platform.

All users need to do is purchase a certain amount of YPRED and this will be their subscription to the platform with extra fees. On this platform traders will be able to take back the edge they have lost by engaging and learning from the cutting-edge strategies that will be available on the site, thus closing the gap that has been created.

A factor we love that we think will make the presale of YPRED really take off is that they incentivise developers of these sophisticated algorithms to display them on yPredict. They will have the opportunity to earn a passive income just for placing their work on the site.

Another reason Ypredict is a must-have token right now is its scarcity. There are only a total of only 100 million tokens, and out of this total 50 million will become available for its listings. This gives YPRED a market cap of just 6$ so it is the perfect combination of scarcity and lots of room to grow. Potential investors should feel the FOMO already as there is a clear indication this token will sell out fast.

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The subscription nature of the service and the fact you can only use YPRED to pay for said subscription gives the coin an automatic utility that will remain strong through the presale and listings. For the investors out there that value utility (that should be everyone!) YPredict should represent a very tempting prospect.

The other thing we love to see from a new project is a staking system that works. yPredict certainly provides us with this. Unlike most other projects the liquidity of yPredict’s staking pool will not be fixed; instead 10% of each new user's YPRED deposit will be put into the staking pool which keeps annual percentage yields consistent. So basically if you are a believer in the project get staking ASAP and you will rake it in if the project takes off.

The project is certainly unique and the fact it is harnessing AI to finally crack the code of the crypto market should excite a lot of investors. To bring it back to Bitcoin, it will be hard to predict where it will end up in 2023 but a technology that harnesses the ability to analyze market sentiment will be placed better than everyone and everything else to be the first in line to do so.

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Conclusion

So to finish up, we are as unsure as anyone else how much Bitcoin will pump in 2023. We have come to the conclusion that its volatility will likely continue due to impending decisions on a macro level that it really cannot control.

However, the introduction of the AI trading platform yPredict (YPRED) should go a long way to solving the puzzle. The presale has literally just begun but we are sure that investors will be counting down the days until it launches and they can get their hands on the best market analysis money can buy.

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