While Bitcoin has recently made a resurgence, one high-profile crypto trading firm believes its price action is part of a larger bearish Elliott Wave pattern. Meanwhile, AltSignals’ new ASI crypto presale has been attracting attention from smart investors looking for an alternative to Bitcoin. In this article, you’ll find out what this firm has said and what it could mean for AltSignals’ ASI token.
Bitcoin (BTC) Could Falter From a Confirmed Elliott Wave Pattern
Despite a 47% rally, Bitcoin seems to be stuck in a bearish Elliott Wave pattern, as analyzed by Singapore-based crypto options trading giant QCP Capital. Based on the Elliott Wave pattern theory, market trends consist of five waves, with Waves 1, 3, and 5 representing the primary trend and Waves 2 and 4 being temporary "breathers." QCP's analysis suggests that Bitcoin's recent resurgence is Wave 4 of a broader bearish structure that began in November 2021.
The critical resistance range of $28,800 - $30,000 could invalidate this bearish Elliott Wave pattern if the ongoing Wave 4 breaks through it. However, if the pattern holds, Bitcoin could see a Wave 5 sell-off, potentially pushing the cryptocurrency down to new lows. As Bitcoin faces tremendous uncertainty, investors are considering alternative investment opportunities like AltSignals' freshly-launched ASI token.
What is AltSignals (ASI)?
AltSignals is a premier provider of trading signals that’s been setting the standard for high-quality, accurate calls since 2017. Operating in the crypto, forex, and stock markets, AltSignals has generated over 1,500 trading signals, boasting an impressive 64% average win rate thanks to its cutting-edge AltAlgo™ indicator and dedicated team of expert traders.
This commitment to excellence has garnered the platform a stellar reputation, amassing over 50,000 free subscribers and 1,400 VIP members while earning a 4.9/5 star rating on Trustpilot across almost 500 positive reviews. This is partly due to the phenomenal results AltSignals has produced. In January and February alone, AltSignals recorded a 4,643% return across 23 Binance Futures trades in January and February alone, with an astonishing 91% success rate.
AltSignals has continuously refined its trading strategies to ensure its users receive first-class trading signals. Introducing the new ASI crypto presale marks the next step in the platform’s journey. It’ll help AltSignals upgrade its service to cement its position as a market leader further, leveraging the latest developments in AI technology to create the most lucrative trading opportunities for ASI token holders.
The ASI Token
The ASI token is being launched to support the growth and development of AltSignals’ revolutionary ActualizeAI algorithm. By owning ASI tokens, investors gain exclusive access to state-of-the-art AI-driven trading signals, empowering them to outpace the market and optimize their earnings. Those holding over 50,000 ASI will be granted lifetime access to the new algorithm’s signals while earning free access to the existing AltAlgo signals.
ActualizeAI will employ cutting-edge AI technologies such as machine learning, natural language processing, predictive modeling, and sentiment analysis to level up the AltAlgo indicator. The result is expected to be some of the most accurate trading signals on the market, with AltSignals aiming to boost its 64% win rate above 80%+.
ASI token holders also gain entry to the AI Members Club, an exclusive community where members can participate in product testing, contribute ideas, and enjoy priority access to public releases. By actively engaging in developing the ActualizeAI algorithm, users can earn additional ASI tokens, which can then be used to level up their membership and unlock more advanced features of the AI ecosystem, held or traded for cash on exchanges.
One example of how ActualizeAI may help investors get ahead is through its sentiment analysis feature. AltSignals expects this feature to help traders identify crypto presales on the verge of reaching significant attention, allowing them to get in early and ride the hype-driven gains.
Other benefits of holding ASI include access to trading tournaments, where users can compete to win exciting prizes, and voting rights in the platform’s decentralized decision-making process, allowing investors to have their say on the future direction of AltSignals. There’s even a 3-5 year buyback and burn plan to enhance long-term price appreciation.
AltSignals (ASI) Seems Like a Much Smarter Choice
While Bitcoin’s future remains uncertain amidst the larger bearish Elliott Wave pattern, savvy investors are exploring promising alternatives like AltSignals that have much more potential to offer massive gains in 2023 and beyond. With ActualizeAI set to transform the trading signals market, now is the ideal time to consider the ASI crypto presale.
That’s because it’s still early days, and much of the crypto community has yet to hear about the outstanding benefits ASI will offer. This means you could be one of the early investors that sees potentially significant gains once the ASI token hits mainstream exchanges. Currently, ASI is in 1 day presale phase worth $0.012, but many analysts consider this exceptionally undervalued. Don’t miss out on this outstanding investment opportunity!
You can participate in the ASI presale here.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
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