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Bitcoin prices rose 1% over the last 24 hours, down 25%, and $ 28.7 billion, trading at $ 96,892 at 2:25.
BTC Price has recently fallen to less than $ 95K, pushing major weak waves, but has quickly recovered from this dip. There is now a new report that Montana has become the fourth US state to develop Bitcoin Reserve Bill into the House of Representatives.
In addition to Montana, Utah, Arizona and Oklahoma. It is also important to note that the bill has been revised to exclude the requirements of qualified managers or exchange transaction funds. It will be implemented on July 1 if it is passed, and the state finance can move up to $ 50 million with special accounts used to invest in precious metals, Starble Recon and other digital assets.
Bitcoin price prediction
Regarding the price of Bitcoin, the recent drop of less than $ 950,000 has actually led to $ 93,487. However, as mentioned, the coin was quickly recovered, and the deep and surge backups saw the large widening of the Bollinger band.
However, in the last 24 hours, the band has narrowed considerably, showing that BTC has entered relative stability. The price has returned to almost 97K, but at this time, it is the routine of the BTC because it is a routine thing to increase by thousands of dollars.
However, the relative robbery index (RSI) suggests that coins can return to $ 100k in the near future.
After recovering from the DIP on February 18, Bitcoin RSI went up twice to an over -area. As the first case, the price dropped to 96.4K, and the neutral value dropped to 50 and the price fell to $ 95.6K.
Some merchants were expected to gain profits as the price recovered. As the RSI reaches 70, a new purchase of a new purchase pushes the coin to $ 97.3K and returns to 50 once again when the price drops to 96.8K.
RSI is now increasing again. In other words, the price of bitcoin can go up to $ 98K or anymore, and you can push the coin to $ 100K within a day or two.
Promising alternative to Bitcoin
As Bitcoin recovers, investors are purchasing a new BTC theme meme coin called BTC BULL TOKEN (BTCBULL). The project is a new project that started ICO on February 10 and 10 days ago, raising more than $ 2.4 million during that period.
Due to this explosive start, experts such as Claybro, encryption of over 136K subscribers, believe that BTCBULL can be the best meme with a recent speculation on Fed, which sells the latest gold and buys BTC.
This is because BTC BULL TOKEN is the only goal to help strengthen BTC and is very interesting. Whenever BTC reaches a specific price milestone for the first time, the BTCBULL token holder will receive an air drop containing free bitcoin.
The project has already set a milestone like BTC, up to $ 150K, $ 200K, $ 250K, up to $ 1 million. There is also a BTCBULL token image that occurs in certain price milestones.
Investors’ interest in project ICOs has soared, many have begun to buy BTCBULL and have only $ 0.002375. Given the tremendous potential, given that it is a meme coin and the name of Bitcoin is used, this project can be one of the meme coin major, so it is not surprising that the investor buys while the price is low.
Buy BTCBULL before the next preliminary sales increase within 3 days.
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