The Bitcoin crash that took place between October 10-12 made the coin lose almost 10%. This heavy sell-off came just a few days after BTC had reached a new all-time high above the $126,000 mark. Bitcoin price predictions are now looking bleak, with many now wondering how deep the fall could become.
During these bearish periods, some fear deep troughs like those of 2018 or 2022, while others see opportunities to “buy the dip”. A third group of investors, instead of getting carried away with BTC market analysis headlines, focuses on searching for hidden gems. These are coins with great growth potential, but which have not yet caught mainstream attention.
Among these, DeepSnitch AI might be the most interesting discovery. The project brings what is likely the most sophisticated and market-aligned application of AI in the crypto space. Its mission, bridging the information gap in crypto investing, might drive the next 100x explosion in the market.
Bitcoin market analysis: Crypto sell-off erases almost $19 billion, but crash isn’t doomsday
Bitcoin fell from around $121k to below $110k between October 10 and 12. After a brief recovery to $115k on Oct 13, it fell again to $110k the next day. The crypto market as a whole was reported to lose almost $19 billion. Such a sell-off has generated considerable fear, and some Bitcoin price predictions see it dropping as low as $100k.
As bearish as the market might be, it is important to see these movements in context. In the 12-month period ending on October 14, Bitcoin significantly beats every other major asset class, posting a 76.7% gain (gold comes in second at 55.13%).
It doesn’t take a deeply technical eye to see that the medium- and long-term trend for BTC is ascending. From time to time, there are sell-off periods where the price drops. But as every peak is usually higher than the previous one, most troughs are also higher than the one before.
What can be lost in this picture is that not all the crypto market follows BTC. Actually, those times when sentiment is bearish are the best ones to look for more profitable alternatives. AI coins are emerging as a solid sector in this regard. Two of them, DeepSnitch AI and Bittensor, are worthy of a comparative analysis against BTC.
3 coins to invest in as alternatives to Bitcoin
1. DeepSnitch AI (DSNT)
DeepSnitch AI will likely become AI’s poster child for the crypto space. No other AI coin has its level of sophistication and market alignment.
The project addresses a long-standing and widespread problem in crypto investing: information inequality. While big investors (aka “whales”) have access to key data and move ahead of the curve, ordinary folks can only see what has already happened. As a result, they are usually too late, either to ride the next wave or to step out before big losses.
DeepSnitch AI changes that in a way that wouldn’t have been possible before AI. Powered by a suite of five AI agents, the platform scans and analyzes on-chain and off-chain data, transforming it into actionable insights. All this amounts to the kind of business intelligence that has been up to now the privilege of a few.
At times of bearish Bitcoin price predictions and growing fears of a new crash, retail investors are wary. Having a sophisticated AI tool that would let them see the hidden drivers of the market would be a huge game-changer.
It shouldn’t come as a surprise, therefore, that DeepSnitch AI’s presale has been so successful. More than $400,000 has already been raised in record time, and the entry price is still low at only $0.01877.
An increasing number of people see DeepSnitch AI as the next breakthrough in crypto, which is a recipe for explosive growth. But a shot at 100x returns requires acting quickly, before a coin spikes. Only those taking part early in the presale will enjoy what might be the next big story for crypto.
2. Bitcoin (BTC)
Bitcoin price predictions are now downward-looking for the most part. But there are also those who forecast the next BTC bull run. After significant crashes, no less big recoveries have followed (an example is the recovery after Trump’s “Liberation Day”, when BTC rose 45% in 6 weeks).
While it is impossible to know how deep the current sell-off might be, this might be a good time to enter into or expand a BTC position. Bitcoin is still likely, for most people, the basis of their crypto portfolio. But there are other good alternatives, not always correlated with BTC.
3. Bittensor (TAO)
During Bitcoin’s crash, most cryptos also suffered heavy losses. Every top-10 market cap crypto (excluding stablecoins) dropped, the majority of them more than BTC. But during this slide, Bittsensor actually gained over 20%.
Behind this difference, not only with BTC but with most of the market, it is likely AI. Bittensor has become the largest AI coin by market cap. It is not unreasonable to think that during bear markets in crypto, AI coins might still get some momentum from the AI sector.
Conclusion
As the Bitcoin price prediction looks bleak, at least in the short run, investors look for alternatives. Among those are AI coins like Bittensor. But the project that emerges as a likely breakthrough AI application in crypto is DeepSnitch AI.
No matter if Bitcoin is high or low, DeepSnitch AI is becoming one of the most attractive coins. Its sophisticated and market-aligned use case taps into the unique capabilities of AI. With many looking for a tool that gives true insights at times of uncertainty, DeepSnitch AI has all the ingredients to be the next crypto explosion.
But the key to truly exponential returns is to buy the coin when it is still at a low price.
Visit the official website to buy into the DeepSnitch AI presale now.
FAQs
Is this a good time to buy Bitcoin, or should I wait?
The truth is, no one knows what the BTC forecast for the next bull run is. BTC could fall further first. But looking at things from a medium- to long-term perspective, crashes are usually the best times to buy.
Why did Bittensor soar when other cryptos were crashing?
A likely reason is that it is an AI coin. AI coins are frequently pushed by the AI wave, regardless of what is happening with crypto.
What makes DeepSnitch AI the best alternative to Bitcoin?
Its uniquely sophisticated and market-aligned AI use case. While BTC is just an investment asset, DeepSnitch AI has real-life applications.
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