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The Bitcoin price rose a fraction in the last 24 hours to trade at $71,132 as of 00:01 a.m. EST on trading volume that plunged 20% to $30 billion.

This development coincides with the upcoming opportunity for investors to acquire a stake in a new 4,500-square-foot Hampton by Hilton hotel in El Salvador. This ownership will be made possible through the purchase of tokenized shares issued on the Bitcoin layer 2 Liquid Network.

The hotel is slated to be built at El Salvador’s international airport, with the tokenized asset offering facilitated by Bitfinex Securities.

“For the first time, investors who typically lack access to such assets can participate, while issuers in markets with limited capital accessibility can leverage a new asset class to secure financing,” said Paolo Ardoino, the chief technology officer of Bitfinex Securities.

Bitcoin Price Set To Rally Over The Ascending Triangle

Bitcoin Price Chart Analysis Source: Tradingview.com
BTCUSD Chart Analysis Source: Tradingview.com

The Bitcoin price has been on a steady rise since mid-October, which saw it record a new all-time high of $73,737.

However, the bears have not been able to reclaim this high, with the price moving within the ascending triangle pattern within the $71,100 range, as the bulls target to push the price higher.

Additionally, BTC is trading slightly above the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the incoming bullish trend to the upside.

Moreover, the Relative Strength Index (RSI) is also rebounding over the 50-midline level to 59, which shows intense buying pressure as investors increase their buys.

Bitcoin Price Prediction

The Bitcoin price analysis on the 4-hour chart indicates that the bulls are set to push the price over the ascending triangle pattern. Additionally, the RSI provides some bullish prospects for optimistic investors, which could raise the price to $85,000.

However, as the price increases and the RSI surges, it may indicate an incoming price correction, pushing the price downwards through a retrace to the support zone around $63,000.

Meanwhile, investors can also consider investing in the 99Bitcoins presale, which has raised $178K in less than two days since launch.

99Bitcoins: Next BRC-20 Project To Explode?

99Bitcoins ($99BTC) has established itself as one of the most popular websites for those interested to learn about Bitcoin and crypto.

There are over 700,000 subscribers on its YouTube channel, with more than 2 million people registered for the website’s courses. 99Bitcoins has always been at the forefront of providing the best-in-class educational resources and visual learning courses for crypto beginners.

Its venture into the 99Bitcoin’s ICO launch aims to transition the website to Web3 via the $99BTC token, introducing the promise of an engaging earn-as-you-learn experience for website users.

99Bitcoins is launching as an ERC-20 token and will bridge to BRC-20 as a significant focus of the project’s roadmap. This will enable native integration and the development of dApps and projects on the Bitcoin blockchain.

The timing of the launch is no accident, with the team aiming to capitalize on the Bitcoin halving, which typically triggers a surge in Bitcoin’s price after the event.

Stake $99BTC And Earn 19,459% APY, $99,999 Airdrop Opportunity

The platform also has a staking option, which allows you to stake $99BTC for a stunning 19,459% annual percentage yield (APY).

The team will also reward users with a massive $99,999 Bitcoin giveaway.

You can buy $99BTC now for $0.001 per token, and remember that there will be a price increase in less than four days.

According to the 99Bitcoins YouTube channel itself, $99BTC has the potential to soar 10X after launch.

 

To participate in the presale, you can buy $99BTC from the official website here. You can use ETH, USDT, or a bank card to make a purchase.

Related News

99Bitcoins (99BTC) – New Learn To Earn Token

99Bitcoins
  • Audited By Solid Proof
  • Established Brand – Founded In 2013
  • Free Airdrop – Win A Share Of $99,999
  • Learn To Earn – Get Paid To Complete Trading Courses
  • 700,000+ YouTube Community

99Bitcoins


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