Bitcoin price increased by 1% because this new ICO offers a free BTC

The price of Bitcoin has increased by 1% in the last 24 hours to be negotiated at $ 96,892 to 2 h 25 hne on the negotiation volume which dropped from 25% to 28.77 billion dollars.

The price of the BTC recently dropped below $ 95,000 while a major downward wave pushed it downwards, but it quickly recovered from this drop. Now, new reports have emerged by declaring that Montana has become the 4th American state to advance the Bitcoin reserve bill in the House.

Besides Montana, the only other states that have made so much progress are Utah, Arizona and Oklahoma. It should also be noted that the bill has been modified to exclude the requirement that funds must be held by qualified guards or through a negotiated stock market. If it is adopted, it will come into force on July 1, allowing the Treasurer of the State to increase to $ 50 million on special accounts used to invest in precious metals, stablecoins and other digital assets.

Bitcoin price prediction

As for the Bitcoin price itself, its recent drop below the bar of $ 95,000 actually led it up to $ 93,487. However, the play quickly recovered, as mentioned, and the dip and rising rise saw its Bollinger bands go through a massive enlargement.

During the last 24 hours, however, the bands have been considerably reduced, showing that the BTC has entered into relative stability. Its price is almost back at $ 97,000, but for the moment, that is to say in the range of its levels before the deadlines, because fluctuating of a few thousand dollars is a daily event for the BTC .

Its relative force index (RSI) suggests, however, that the room could possibly return to $ 100,000 in the near future.

After recovering the decline on February 18, Bitcoin RSI went twice in the excessive area. With the first case, he reached it while his price rose to $ 96.4,000, after which he fell to the neutral value of 50, while the price dropped to $ 95.6,000.

This was planned, because some traders decided to make profits as the price was recovered. A new wave of purchases then pushed the part to $ 97.3K while the RSI again reached the value of 70, to return to 50 when the price dropped to $ 96.8K.

Now the RSI is increasing again, which means that the price of Bitcoin could go up to $ 98,000 or perhaps even more, pushing the room at $ 100,000 in a day or two.

Promising alternative to bitcoin

While Bitcoin recovers, investors buy a new piece of memes on the theme of the BTC called BTC Bull Token (BTCBull). This is a new project that has just launched its ICO 10 days ago on February 10, raising more than $ 2.4 million during this period.

With such an explosive beginning, experts like Claybro, a crypto YouTuber who has more than 136,000 subscribers, believe that BTCBull could become the best meter piece, in particular with recent speculation on the potentially sold Fed of gold and ‘Buy BTC.

Indeed, BTC Bull Token is a project whose only objective is to help push BTC above, and it has a very interesting way to do it. Mainly, whenever BTC reaches certain price milestones for the first time, BTCBull tokens holders will receive aerial parmbs containing free bitcoin.

The project has already established milestones such as BTC reaching the price of $ 150,000, $ 200,000, $ 250,000, etc., up to $ 1 million and beyond. There are also BTCBull tokens burns which will also perform in specific price milestones.

The interest of investors in the ICO of the project has skyrocketed, and many began to buy BTCBull while its price is only $ 0.002,375. Given its massive potential, the fact that it is a piece of memes and that it uses the name Bitcoin, this project could become one of the majors of the piece even in no time, It is therefore not surprising that investors buy it while its price is low.

Buy BTCBull before its price sees its next planned increase in presale in less than 3 days.

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