BTC 2x Flexible Leverage Index Price

There are two schools of thought when it comes to determining the price of a cryptocurrency like BTC 2x Flexible Leverage Index.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of BTC 2x Flexible Leverage Index, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of BTC 2x Flexible Leverage Index.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of BTC 2x Flexible Leverage Index on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of BTC 2x Flexible Leverage Index.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for BTC 2x Flexible Leverage Index and the broader cryptocurrency market.

BTC 2x Flexible Leverage Index achieved the all-time high of $199.13 in 2021-05-11, and is currently trading at $47.57.

BTC 2x Flexible Leverage Index reached its all-time low of $2.71 on 2022-11-22.

The current market cap of BTC 2x Flexible Leverage Index is $4.04M, as 85K BTC2X-FLI is trading at the price of $47.57.

There are currently 85K BTC2X-FLI circulating in the market. These BTC 2x Flexible Leverage Index can be actively traded or used in the open market.

The maximum supply of BTC2X-FLI is 334.47K , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of BTC 2x Flexible Leverage Index is $15.91M. The FDV is calculated taking the assumption that all supply of BTC 2x Flexible Leverage Index is circulation, multiplied by its current price of $47.57.

Using an algorithm to automatically identify historical data trends, this BTC 2x Flexible Leverage Index price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

BTC 2x Flexible Leverage Index offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that BTC 2x Flexible Leverage Index and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in BTC 2x Flexible Leverage Index.

You can buy BTC 2x Flexible Leverage Index via Gate.io by following the steps on how to buy BTC2X-FLI once you have funded your account.