After consolidating for the better part of last year, the art of the impossible emerged in the Bitcoin (BTC) market after the top cryptocurrency hit a new all-time high (ATH) of $73,800 on March 14. As a result, BTC is eyeing new historic highs as its presence in the crypto market continues to be felt.
Meanwhile, Borroe Finance ($ROE) is carving a niche for itself as one of the promising new DeFi projects that intends to spur innovation in the Web3 industry, making it a notable Filecoin rival.
Borroe Finance Edges Closer to a 150% ROI
Given that which crypto to buy today for long-term based on factors like return on investment (ROI) are usually top of mind for investors, Borroe Finance has become a perfect choice thanks to its out-of-the-box approach in Web3 revenue financing.
As a result, Borroe Finance is materializing as one of the top DeFi projects that is taking the crypto world by storm thanks to its objective of ensuring that Web3 participants easily access instant working capital.
By enabling Web3 participants to generate their future incomes as non-fungible tokens (NFTs), Borroe Finance enables them to raise immediate cash by selling off these NFTs on its marketplace.
Therefore, Borroe Finance is progressing well with its long-term goal of breaking entry barriers in the Web3 space, making it one of the viral token launches.
At presale, Borroe Finance is presently at its final stage where every $ROE token is selling for $0.02, representing a 100% return from the beta stage where the price was $0.01.
$ROE is Borroe Finance’s governance token and it serves as the network’s gateway.
With Borroe Finance being a stone’s throw away from a DEX (Decentralized Exchange) and CEX launch, $ROE’s price has been set at $0.025, and this will represent a 150% ROI, making it one of the best cryptos to buy.
Bullish Sentiments Rock the Bitcoin Market
With Bitcoin recently reaching historic highs of $73,800, the leading cryptocurrency might be gearing up for new records, according to Jelle.
The top analyst took to X, formerly Twitter, and stipulated, “Bitcoin has formed a bullish pennant, right as we head into the halving event. Safe to say we’re in for some volatility this month. My next target remains the same: $82,000.”
Source: Jelle
Jelle’s analysis was based on the bullish pennant chart, which could suggest that in spite of short-term headwinds in the form of consolidation or volatility being experienced, the overall sentiment remains positive.
Bitcoin has been experiencing a pull back since its price has fallen to the $67,000 zone based on significant ETF outflows and heightened selling pressure.
Renowned on-chain market provider Santiment echoed these sentiments by stipulating that Bitcoin was down on the foundation of diminishing trading volume.
Source: Santiment
Despite this correction, Jelle is optimistic that Bitcoin might hit a new ATH price of $82,000 in the near future based on the bullish pennant formation, making BTC one of the best cryptos to buy.
This development is happening just a few days before the halving event slated for April 19, which is meant to slash Bitcoin’s supply by reducing miners’ rewards by half. This is usually bullish because depending on demand, price is anticipated to continue increasing.
Therefore, time will tell how Bitcoin plays out in the short term since some experts have stipulated that the apex cryptocurrency might hit the psychological price of $100,000 post-halving.
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