Bitcoin price drops by 3% while investors flock to this ICO

The price of Bitcoin has dropped by more than 3% in the last 24 hours to be negotiated at $ 92,298.35 to 10:45 pm is that investors reduce their exposure to the main crypto.

The retrace by the price of the BTC coincides with a wider correction of the cryptography market which saw the digital asset space capitalization Dip more than 4% in the last 24 hours. During this period, Bitcoin also fell below $ 91,000 at $ 90,924.90.

Bitcoin price based on a key support

4 -hour table for BTC / USDT (Source: Tradingview))

THE Bitcoin The price oscillates above a support at $ 90,884.93. If the largest crypto by market capitalization falls below this price in the coming hours, it could be exposed to the risk of diving up to subsequent support for $ 8,444.73 in the short term.

On the other hand, the price of bitcoin that manages to stay above the bar of $ 90,884.93 for the next 8 hours could be considered a positive sign. Traders will likely start to join the cryptographic market leader. This could then lead to a more optimistic scenario, in which BTC tries to recover the support of $ 93,904.24. Continuous purchase pressure could then push the crypto to $ 95,703.66.

Bitcoin prices technicians always promote sellers

From a technical point of view, the indicators of the graph of 4 hours of BTC warn that the Bears always have a tight grip on the Bitcoin price. The relative resistance index (RSI) and the divergence of Mobile Average Convergence (MacD) suggest that the price of the crypto could drop a little more.

RSI readings have plunged to survent the territory below 30. Although a low RSI reading is often considered as a purchase signal, it also warns that sellers are controlled buyers. If enough bulls decide to go to the BTC for a long time, this could lead to a change of power that promotes buyers.

Meanwhile, Momentum Favors Bears, which is suggested by the positioning of the MacD line under the MacD signal line. The gap between the two technical indicators also increases, which could be interpreted as a sign of the downstream dynamics.

While the positive slope of the RSI line suggests that buyers are starting to flourish on the sellers’ grip on the price of Bitcoin, the MacD line moving under the MacD signal line shows that the bulls still have a lot of work In front of them if they wish if they wish if they want to move the momentum in their favor.

While Bitcoin techniques are still showing down signs, investors flock to a new piece of memes called BTC Bull Token (BTCBull) For gains. The Youtube Crypto Popular 999Bitcoins channel, which has more than 726K subscribers, predicts that BTCBull could soar 10x after its launch.

A piece of meme offering free bitcoin investors

BTC Bull Token is the first piece even on the theme of Bitcoin which wants to support the largest crypto by market capitalization on its trip to $ 1 million per room and beyond. While BTC goes up to new heights, BTCBull chip holders are held to receive a free bitcoin via Airdrops.

The upcoming price milestones that will trigger a BTC BTCBUT will be when Bitcoin reaches $ 150,000, $ 200,000 and $ 250,000 for the first time. In addition to the Airdrops, there will also be BTCBull tokens burns when the crypto King reaches $ 125,000, $ 175,000 and $ 225,000 for the first time. By removing the tokens from the offer, the rarity of BTCBull is increased, which could lead to an increase in prices.

Although Bitcoin may have dropped in the past 24 hours, there are still promising developments on the American market that could see the main gathering of crypto. First, the American president Pro-Crypto Donald Trump plans to launch a Bitcoin strategic reserve. He also said he would do the world capital of cryptography in the United States. Meanwhile, BTC is also adopted by large institutions.

If Trump Greenlight, a BTC reserve in the United States and large Wall Street institutions continues to accumulate Bitcoin, the next BTCOIN Airdrop of BTC Token could occur earlier than most.

Investors paid more than $ 2.7 million in the BTCBull heated presale

BTC Bull Token’s presale has left for a roaring start and has already collected more than $ 2.7 million so far. Investors interested in entering the project project stage and positioning themselves before the next BTC Airdrop can do so by acquiring certain BTCBull tokens via the integrated purchasing widget on the project website.

Selling $ 0.00238, BTCBull can be purchased with a crypto or a bank card. Once purchased, tokens can also be punctuated for an annual yield of 155% (APY).

Buy BTCBull here before an increase in presale prices in 30 hours to lock the best offer.

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