The price of Bitcoin (BTC) has been rising steadily in 2023. And with increased news surrounding its halving event, more traders are looking to capitalize on it. Avorak AI seeks to revolutionize trading and can help traders build core trading strategies for Bitcoin (BTC).
How many Bitcoins are there?
Bitcoin (BTC) has a maximum supply of 21 million coins, and there are approximately 19.3 million currently in circulation. The remaining coins are yet to hit the market and will be gradually released over time through a process called mining. The limited supply of Bitcoin is one of the key features that make it unique from traditional currencies, and its scarcity is one of the reasons why it is often considered a great store of value, like gold.
When is the next Bitcoin halving?
Bitcoin halving is a pre-programmed event that occurs after 210,000 blocks are mined, roughly once every four years. During a Bitcoin halving event, the block reward that miners receive for verifying transactions is halved, reducing the rate at which new BTC coins are added to circulation. The previous Bitcoin halvings in 2012, 2016, and 2020 resulted in a significant increase in the price of Bitcoin (BTC). The next Bitcoin halving is expected in 2024, and although the exact date is unknown, several predictions have it between February and June. Many people in the cryptocurrency community are eagerly waiting for the next halving event, as it could lead to another price surge.
How can Avorak AI help trade Bitcoin?
Avorak AI is an ecosystem of solutions designed to help humans scale their individual and business operations. These AI-backed solutions are fast, efficient, and require no technical expertise. The Avorak Trade bot uses AI algorithms to recognize patterns faster than humans, making it ideal for predicting outcomes based on past events, such as the Bitcoin halving. Avorak’s AI trading bot can also predict future events, such as the BTC price in 2024, by analyzing a range of market-related data sources, including historical price action, news, market sentiment, and more. The Avorak trade bot offers a wide range of indicators and includes services like TradingView for enhanced visuals. Avorak’s AI trading bot can therefore be used in developing trading strategies for Bitcoin (BTC).
The bot can also automate trading, allowing for faster and more efficient execution of trades. Unlike most AI trading bots, users can program the Avorak Trade bot to automate trades on multiple exchanges and asset classes. Additionally, users don’t require technical prowess as the Avorak Trade bot has a non-code-based command-line input system and uses AI algorithms to help them find the best trades.
Avorak AI uses a crypto token payment system, providing a secure and efficient way of conducting transactions. The AVRK token will guarantee access to Avorak’s AI services and a share of its profits. AVRK will be up by 11.90% from May 10th as the Avorak ICO enters phase 6. Analysts discussing the potential of Avorak AI (AVRK) suggest that its price could rise significantly in 2023.
To get more information on Avorak AI:
Website: https://avorak.ai
Buy AVRK: https://invest.avorak.ai/register
Disclaimer: This is a sponsored article, and views in it do not represent those of, nor should they be attributed to, ZyCrypto. Readers should conduct independent research before taking any actions related to the company, product, or crypto projects mentioned in this piece; nor can this article be regarded as investment advice.
