The early weeks of 2023 have seen crypto markets ease, with prices recovering from the bear market conditions that dogged coins throughout 2022. Litecoin and Bitcoin halving events are due in 2024, after which bull markets usually take hold. Investors can look forward to continually easing market conditions over the coming months and years.
With Bitcoin (BTC) halving events providing the stimulus for market growth, the launch of AltSignals’ new native token, ASI, in a presale event in March of 2023 couldn’t be better timed. Here’s why.
What is Bitcoin (BTC) halving?
Bitcoin halving is an event where the rewards for mining a block are halved, thus reducing the rate at which new coins are created and lowering the amount of new supply, even as demand increases. The BTC halving event takes place every four years. It is a policy written into Bitcoin’s mining algorithm to counteract the deflationary impact of a large coin supply flooding the market.
In the five months following the last three Bitcoin halving events, the price of Bitcoin has risen by at least 16%, triggering a crypto-wide bull run. Given the historical impact of BTC halving, AltSignals’ ASI coin looks set to enjoy a bright future in the next couple of years.
What is AltSignals?
Since the platform’s launch in 2017, AltSignals has gone from strength to strength, building a burgeoning reputation as one of the world’s leading providers of trading signals. Currently using its proven trading tools which use several combinations of data including technical analysis, it is developing a pioneering system, ActualizeAI. This will use cutting-edge machine learning AI algorithms from which signals will be distributed for cryptocurrencies that include BTC, Litecoin (LTC), and Ethereum to its 52,000-strong trading community.
AltSignals’ range of information extends well beyond daily crypto trades to encompass Binance Futures, shares, CFD, and Forex through its website’s wealth of trading reports. This illustrates the transparency at the heart of AltSignals’ trading alpha, which has attracted a growing user base that now relies on and trusts the platform’s output. Indeed, AltSignals boasts almost 500 positive reviews on Trustpilot and an average score of 4.9/5.
The market-leading AltAlgo™ indicator tool is the best-known feature of AltSignals’ platform. This pioneering indicator constantly scours markets in real-time to provide traders with information on the optimal price to buy and sell coins and with excellent success rates. For example, during backtesting, the AltAlgo™ tool achieved an astonishing 83.56% success rate on BTC trades and an impressive 70.09% on Ethereum.
How does AltSignals work?
AltSignals’ combination of technical analysis and supercharged machine learning AltAlgo™ Indicator algorithm helps its experts gather and deliver signals to the community. More than 1500 signals have been given to the trading community, helping members make well-informed decisions that assist them in maintaining a diverse and up-to-date portfolio.
Users that sign up for AltSignals can choose from three subscription models; AltAlgo™, Binance Futures, and Forex. This choice enables members to select a tailored model that best suits their needs and begin to receive signals as soon as their subscription kicks in.
The AI Members club is set to be launched alongside the ASI token, further pushing AltSignals beyond its competitors. Membership of the group will be open to ASI token holders and will provide them with early access to all new AltSignals releases. AI Members club members will also be able to test new features and tools and contribute valuable feedback directly to the AltSignals development team.
What is ASI?
The ASI coin is an ERC-20 crypto token that will become the medium of exchange and underpin activity on AltSignals’ platform. Token holders can benefit from getting the latest and most sought-after trading signals before anyone else.
ASI holders can also access educational content, coaching material, trade, stake for entry into trading tournaments, enter prize draws, and provide access to governance.
To get their hands on this valuable trading alpha before it’s released for public consumption, users can join the AI Members club. In return, group members will be eligible for exclusive early access to several other AltSignals features and services.
Are the LTC and BTC halving events good news for ASI?
ASI’s presale launch couldn’t be better timed for investors seeking a new exciting investment opportunity. With markets already showing signs of easing, the shrewd early investor can look forward to a good likelihood of making gains as soon as ASI hits the exchanges after the presale ends.
The coin will launch at $0.012 and rise to $0.02274 by the end of its presale. With the backing of a vast existing user base, and the support of an established crypto trading platform behind it, the portents for ASI’s future already look bright.
However, the impending LTC and Bitcoin halving events are even better news for ASI, given that past history shows bullish market behavior following quickly behind. With this in mind, analysts have predicted a potential increase to $1 in 2023 is possible, even before the bull market that generally follows Bitcoin halving events really takes hold.
To make the most of this once-in-a-blue-moon opportunity, investors are encouraged to get involved with the ASI presale event early to get the best possible price available.
You can participate in the ASI presale here.
