Bitcoin

<div class="coinjournal">
 <p dir="ltr">Key takeaways</p>
 <ul>
  <li dir="ltr"><p dir="ltr">BTC reached a new all-time high of $70k on Friday and could be targeting that level again after retracing.</p></li>
  <li dir="ltr"><p dir="ltr">Bitbot’s presale has officially crossed the $900k mark as stage five nears completion.</p></li>
 </ul>
 <h2 dir="ltr" id="bitcoin-could-surge-past-the-70k-mark-soon">Bitcoin could surge past the $70k mark soon</h2>
 <p dir="ltr">Bitcoin, the world’s leading cryptocurrency by market cap, is having an interesting month so far. On Friday, BTC reached a new all-time high of $70k before retracing to the $67k region.</p>
 <p dir="ltr">At press time, the&nbsp;<u>price of Bitcoin</u> stands at $68,730, down by less than 1% in the last 24 hours. If the recovery continues, <a rel="noopener noreferrer nofollow" title="BTC" href="https://thebittimes.com/tag/btc.html">BTC</a> could be targeting the $70k region over the next few hours or days.&nbsp;</p>
 <h2 dir="ltr" id="what-is-bitbot">What is Bitbot?&nbsp;</h2>
 <p dir="ltr">With Bitcoin, Ether and other major cryptocurrencies rallying higher, trading volume in the market continues to increase. This means that traders have become more active in the cryptocurrency market.</p>
 <p dir="ltr">For traders, leveraging tools that would help improve their trading activities is crucial.&nbsp;<u>Bitbot</u> is one of the projects that is developing tools to help traders in the cryptocurrency market.&nbsp;</p>
 <p dir="ltr">Bitbot is a Web3 project that is set to bring unique value propositions to traders in the cryptocurrency space. It is a Telegram trading bot that puts the power in the hands of the user.&nbsp;</p>
 <p dir="ltr">Per the whitepaper, Bitbot is a self-custodial trading bot that enables users to trade via their cold wallets on Telegram. The product provides an innovative way of trading and is leveraging Telegram’s position as a leading social media platform for crypto users.&nbsp;</p>
 <p dir="ltr">Bitbot will come with high-end <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> to help traders grow their trading portfolios. Some of the tool’s <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> are institutional grade, granting them access to world-class trading functions.</p>
 <p dir="ltr">With the right level of adoption, Bitbot could become one of the most widely used tools by cryptocurrency traders.&nbsp;</p>
 <h2 dir="ltr" id="bitbot-to-boost-trading-expertise-via-tech">Bitbot to boost trading expertise via tech</h2>
 <p dir="ltr"><u>Bitbot</u> plans to bring technological innovations that would benefit traders. The project will use Knightsafe to offer a self-custody solution. This solution helps in mitigating the typical risks associated with Telegram trading.</p>
 <p dir="ltr">Furthermore, some of the funds raised from the <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a> will go towards developing anti-MEV and anti-rug solutions to help users protect their assets. With these <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a>, traders can protect themselves from bots artificially pumping transaction costs and block scam projects.</p>
 <p dir="ltr">Bitbot also has ultra-flexible wallet management fuelled by non-custodial API technology. In terms of profitability, Bitbot will provide users with a copy trading feature. This feature will enable traders to copy the trades of the strongest-performing wallets based on on-chain activities.</p>
 <h2 dir="ltr" id="bitbot-s-presale-surpasses-900k">Bitbot’s presale surpasses $900k</h2>
 <p dir="ltr">The&nbsp;<u>Bitbot</u> presale is now in its fifth stage and is now moving swiftly. So far, the project has raised $943,475 of the required $1,106,000 in this current stage.&nbsp;</p>
 <p dir="ltr">This latest milestone indicates that Bitbot is attracting attention from investors within the cryptocurrency space. The $BITBOT token is going for $0.0122 in the current presale round and will increase to $0.0128 once the sixth round commences.&nbsp;</p>
 <p dir="ltr">The project’s tokenomics show that the the Bitbot development team will hold 20% of the total token supply and will use it to fund ongoing development. Furthermore, 14% is allocated to marketing &amp; CEX listings while 3% is allocated to exchange liquidity provision.</p>
 <p dir="ltr"><u>Click here</u> to read more about Bitbot’s upcoming presale.&nbsp;</p>
 <h2 dir="ltr" id="could-bitbot-gain-massive-adoption">Could Bitbot gain massive adoption?&nbsp;</h2>
 <p dir="ltr">The cryptocurrency market is currently in a bullish cycle and has more than $2.5 trillion currently in circulation. This means that the trading volume in the market has increased as more traders enter the market.</p>
 <p>With this reality, tools like&nbsp;<u>Bitbot</u> will gain massive adoption in the market thanks to the rising trading volume. With the right <a rel="noopener noreferrer nofollow" title="level" href="https://thebittimes.com/tag/level.html">level</a> of adoption, BITBOT could become one of the biggest winners in the market. As trading volume in the market increases, BITBOT could also see a surge in adoption if it rolls out its <a rel="noopener noreferrer nofollow" title="Category Features" href="https://thebittimes.com/features.html">Features</a> and solutions.&nbsp;</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-eyes-the-70k-level-again-as-bitbot-s-presale-officially-crosses-900k-tbt82182.html">https://thebittimes.com/bitcoin-eyes-the-70k-level-again-as-bitbot-s-presale-officially-crosses-900k-tbt82182.html</a></p>

Bitcoin eyes the $70k level again as Bitbot’s presale officially crosses $900k

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TheBitTimes

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