An analyst forecasts a significant drop in Bitcoin's price by January 2025, identifying PropiChain as a promising altcoin poised to transform the real estate market.
Risk of Bitcoin Price Drop
An analyst suggests that Bitcoin's price could fall to $55,000 by January 2025, mainly due to investors taking profits after a 118% price increase in 2024. Currently, the Bitcoin price is $92,786.01, 14.2% away from its all-time high. Major holders are cashing out, exerting selling pressure, and there are active wallets that have begun transactions after long dormancies, suggesting increased selling pressure. This might negatively impact altcoins as well.
Investors Turn to Promising AI Altcoin
With Bitcoin's price dipping, investors are turning to the promising AI altcoin, PropiChain. PropiChain has raised over $1 million from both retail and institutional investors during its token sale. It offers real estate tokenization and fractional ownership, making the market accessible to retail investors. The altcoin uses AI for market analysis, property recommendation, and contract automation, equipping users to make informed investment decisions.
PCHAIN’s Momentum and Prospects
Despite Bitcoin's price fluctuations, PropiChain is expected to witness a significant rise, projected at 43,209%. The platform's security is affirmed by a smart contract audit, making it appealing to investors. PropiChain also utilizes the metaverse for virtual property viewing, enabling buyers to save on auxiliary costs.
Analysts' forecasts suggest possible Bitcoin price declines, prompting investors to explore new growth opportunities. PropiChain, with its innovations in real estate and AI technologies, may become one of the most promising investments in the near future.
