Will Bitcoin Hit $50K Again? Things look good for the future

By Rahul Rajput On Sep 13, 2023

Will Bitcoin Hit $50K Again? Bitcoin’s (BTC) price has been all over the place, with a recent spike that quickly went back down. Investors are confused by this volatility, and many are asking if BTC will ever reach the $50k mark again.

But the upcoming halving, which is coming up in a few months and has generally caused prices to go up, and the expected demand from new ETF products means that Bitcoin might go back up to $50,000 soon.

In the middle of all of this, however, a new cryptocurrency called Bitcoin BSC ($BTCBSC) is making a lot of noise. This cryptocurrency not only wants to beat Bitcoin in terms of gains, but it also brazenly claims that its unique staking system will give monthly returns of 100% or more.

Bitcoin BSC, which costs only $0.99, can be an interesting option for Bitcoin. But first, let’s look at how Bitcoin will get back to $50,000.

Will Bitcoin Hit $50K Again? Things Look Good for the Future

Recently, the price of Bitcoin has been going up and down, quickly moving between $26,000 and $28,000. Several things, like delays in clearing Spot ETFs, have been linked to these wild price swings. Surprisingly, $26,000 seems to be a strong support level that has kept the price from falling further.

As for what’s to come, there’s a good chance that Bitcoin’s price will go up a lot over the next few months, maybe even reaching $50,000 in six months.

The Bitcoin split event, which is coming up in a few months, is a big reason for this. In the past, this has caused prices to go up because it means fewer new Bitcoins are being added to the market.

Even though what happened in the past isn’t a promise of what will happen in the future, if Bitcoin’s price goes up by 50% after the halving, it would be around $39,000, based on its current price near $26,000.

However, the possibility of Bitcoin ETFs could also attract institutional buyers, which would boost demand. With all of these things going on, it’s possible that the present value of Bitcoin is being undervalued.

This means that now could be a good time to buy before demand goes up, especially if big companies start buying Bitcoin as soon as the ETFs are approved.

As BTC shows signs that it might go back up to $50,000, there is another interesting coin to look into. This new cryptocurrency not only has big monthly gains, but it also takes some ideas from Bitcoin’s price in 2011 and adds some new features. So, let’s learn more about this interesting new coin.

Bitcoin BSC ($BTCBSC): Better than Bitcoin with Monthly Returns of 100%+

Bitcoin BSC ($BTCBSC) is a new cryptocurrency that is making news with its amazing monthly returns, which could be even better than Bitcoin’s. This coin takes the best parts of Bitcoin and adds a twist. Instead of Bitcoin’s energy-hungry mining, it uses a Proof-of-Stake (PoS) method that is better for the environment.

It just means that if you own $BTCBSC tokens, you can earn a pretty good passive income through staking. To start earning, you need to lock up your tokens for as little as 7 days.

At the moment, staking $BTCBSC gives out a huge 0.25 tokens per block. That means the annual percentage yield (APY) is a jaw-dropping 1533%, and more than 171,000 tokens have already been invested! If we divide the APY into monthly profits, it works out to more than 100% each month.

Even though this APY will go down as more people join, it’s still much better than Bitcoin’s benefits, which you don’t have to stake to get.

Because 69% of the total supply is set aside for staking over 120 years, just like Bitcoin, prizes are given out every 10 minutes. This frequent compounding is meant to encourage you to keep your tokens for the long term instead of buying and selling them quickly, which is a popular practice in the cryptocurrency world.

$BTCBSC has good APYs, so it’s a good way to make a lot of idle income while Bitcoin is still on the road to recovery.

Revolutionizing Transactions – $BTCBSC’s Quick and Cost-Effective Advantage

$BTCBSC has another clear edge over Bitcoin that is not related to its huge monthly returns. Even though Bitcoin was the first blockchain, its design has some flaws. It usually falls behind because deals are slow and expensive.

On the other hand, $BTCBSC uses the BNB Smart Chain to make fast, cheap payments. It’s a BEP-20 token, so it works with different wallets. It also allows smart contracts, which means it can change based on what users want.

Unlike Bitcoin’s power-hungry Proof-of-Work (PoW) system, $BTCBSC’s real strength is its Proof-of-Stake (PoS) system. Transactions with Bitcoin can take more than 10 minutes and cost up to $10. On the other hand, purchases with $BTCBSC are done in just 5 seconds and cost less than 10 cents.

But the fact that it is eco-friendly also makes it stand out. Compared to Bitcoin mining, it uses a lot less energy, which makes it a better choice for general use. So not only does it make a lot of money, but it’s also faster and better for the environment.

$BTCBSC Pre-Sale: Quickly Rising Funds and Nostalgia for 2011 Price Level

Bitcoin BSC has the same number of tokens as OG Bitcoin, which is 21 million. But what makes it interesting is that it is run by the community. 29% of the tokens were set aside for the presale, 69% were set aside for staking rewards, and 2% were set aside for market liquidity.

There will be two parts to the purchase. In the first phase, 4 million tokens will be up for grabs. In the second phase, 2.125 million more tokens will be sold. In an interesting twist, the price of Bitcoin will stay the same as it was in 2011: $0.99.

The $BTCBSC presale has already raised $327k, which is a lot of money. It’s not surprising that this presale is expected to sell out quickly since it has great monthly returns and is made with the environment in mind. Now would be a good time to join in if you’re thinking about it.

Conclusion

As Bitcoin tries to reach the $50,000 mark, it’s important to look at other options like $BTCBSC. With an amazing APY of 1533%, it gives you a unique chance to grow your assets.

Besides that, it gets around Bitcoin’s problems by making transfers fast, cheap, and green. As BTC climbs to new heights, you might want to think about Bitcoin BSC for great monthly returns and a more stable crypto future.