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About IBIT

About InfinityBit Token (IBIT)IBIT was initially launched February 15, 2023, and then redeployed on March 20, 2023. InfinityBit Token is an ERC20 token which will provide access to AI powered automated trading system which is currently in development. Additionally, it will provide reduced trading fees on the InfinityBit exchange.

InfinityBit Token (IBIT) is a cryptocurrency launched in 2023. IBIT has a current supply of 5.60Bn with 0 in circulation. The last known price of IBIT is 0.001980246111 USD and is 0.000332281721 over the last 24 hours. It is currently trading on active market(s) with $56,012.08 traded over the last 24 hours. More information can be found at https://ibit.infinitybit.io.

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IBIT Price Statistics
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Updated Mar 05, 2024 10:55 pm
InfinityBit Token
Mkt Cap $0
There's nothing here for now
Analyst Predicts Potential Bitcoin Cycle Top Targets Based on Fibonacci Extension Levels
Analyst Predicts Potential Bitcoin Cycle Top Targets Based on Fibonacci Extension Levels
According to CryptoPotato, a pseudonymous analyst known as Titan of Crypto has shared insights on the potential cycle top for Bitcoin, offering two conservative predictions based on historical Fibonacci extension levels. The analyst cited previous Bitcoin cycles and Fibonacci extension levels as the basis for their reasoning. The 1st and 2nd cycles of Bitcoin found their tops within or at the top of the 227.20% to 241.40% Fibonacci extension levels, while the 3rd cycle peaked at the top of the 141.40% to 161.80% Fibonacci extension levels. Considering the tendency for returns to diminish over time as markets mature, the analyst presented two potential cycle top targets: a range between $103,000 and $127,500 for the most conservative prediction and a target of $172,500. Titan of Crypto acknowledged Bitcoin's current bullish sentiment, stating that the cryptocurrency could surpass these estimates. The analyst also shared how Bitcoin is heading toward the blue line of the Power-Law Corridor, a model that uses logarithmic scales to plot Bitcoin's price plus time. If it goes beyond that line, it will "go bananas." At press time, Bitcoin is trading at around $67,000, up 5.5% from yesterday and nearly 30% in the last seven days. The asset has recorded a meteoric surge in interest, propelled mainly by the approval of the Bitcoin Spot ETF, of which BlackRock's IBIT has amassed over $10 billion in assets under management. However, caution is also advised, as the $69,000 mark seems to be a significant resistance zone for traders.
Mar 05, 2024 3:27 pm

Frequently Asked Questions

  • What is the all-time high price of InfinityBit Token (IBIT)?

    The all-time high of IBIT was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of InfinityBit Token (IBIT) is 0. The current price of IBIT is down 0% from its all-time high.

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  • How much InfinityBit Token (IBIT) is there in circulation?

    As of , there is currently 0 IBIT in circulation. IBIT has a maximum supply of 5.70Bn.

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  • What is the market cap of InfinityBit Token (IBIT)?

    The current market cap of IBIT is 0. It is calculated by multiplying the current supply of IBIT by its real-time market price of 0.001980246111.

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  • What is the all-time low price of InfinityBit Token (IBIT)?

    The all-time low of IBIT was 0 , from which the coin is now up 0%. The all-time low price of InfinityBit Token (IBIT) is 0. The current price of IBIT is up 0% from its all-time low.

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  • Is InfinityBit Token (IBIT) a good investment?

    InfinityBit Token (IBIT) has a market capitalization of $0 and is ranked #3710 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze InfinityBit Token (IBIT) price trends and patterns to find the best time to purchase IBIT.

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