Is it too late to buy SBR? Bitcoin's strategic reserve price shoots up 45% and this could be the next cryptocurrency to explode

bitcoin Strategic Reserve price rose 45% in the last 24 hours <a target="_blank" href="https://www.geckoterminal.com/eth/pools/0xcc6f7439147338e0401a76db978d7d0ca6e5bfee”>trading at $2.68 at 02:49 am EST, with trading volume soaring 43% to $11 million.

This comes after Senator Cynthia Lummis expressed confidence that a strategic bitcoin reserve could be possible within DonaldTrump's first 100 days in office.

“With bipartisan support and the backing of the people, we can accomplish this in the first 100 days,” he said. ”It is a turning point for the financial stability of our nation. Let's put America on solid financial footing and pass the bitcoin Act!

bitcoin's strategic reserve price could continue to rise

According <a target="_blank" href="https://www.geckoterminal.com/eth/pools/0xcc6f7439147338e0401a76db978d7d0ca6e5bfee”>Terminal Gecko According to data, the price of bitcoin Strategic Reserve has shown strong upward momentum recently, reaching a high near $3.00 before retreating to around $2.68.

The Relative Strength Index (RSI) is above 70, currently at 77, putting it in overbought territory. Typically, when the RSI is this high, it indicates that the asset is overextended and a correction or consolidation may be necessary. However, in a strong uptrend, the RSI can remain overbought for extended periods.

The moving average convergence divergence (MACD) is in positive territory, with the MACD line above the signal line, confirming bullish momentum. The histogram also shows green bars, indicating increasing buying pressure.

If the bulls take advantage of the overall uptrend, the bitcoin Strategic Reserve price could skyrocket further as the bulls target the next possible resistance of $3.5.

However, the high RSI level reinforces the potential for a short-term pullback, especially given the recent price spike. In this scenario, the $1.0 level could still act as a formidable support level.

Meanwhile, investors looking for diversification opportunities could consider the newly launched Best wallet (BEST) pre-sale.

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The <a target="_blank" href="https://twitter.com/search?q=%24BEST&src=ctag&ref_src=twsrc%5Etfw”>$BEST Token pre-sale is officially available!

For the next two weeks, this exclusive opportunity will only be available to Best Wallet users, so take advantage while you can!

Join the pre-sale now and secure your tokens at a discounted price.

Download the app! … pic.twitter.com/VItxcDHAOE

– Best Wallet (@BestWalletHQ) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1855936977184391282?ref_src=twsrc%5Etfw”>November 11, 2024

Best Wallet pre-sale accumulates more than $215 thousand in just one day after launch

Best Wallet ($BEST) is a new Web3 crypto wallet that combines advanced features with a user-friendly design, aiming to become a leader in the next generation of crypto wallets.

Its native token, $BEST, has gained significant interest among investors, as evidenced by the rapid liquidation of the first stage of its private sale, which raised $162,000 in six hours.

Just one day away from its pre-sale launch, the token has amassed over $215,000 in raised funds, as it moves towards its current pre-sale stage goal of $306,000.

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No more missing the initial stage <a target="_blank" href="https://twitter.com/hashtag/crypto?src=hash&ref_src=twsrc%5Etfw”>#crypto projects!

With Best Wallet's Upcoming Tokens feature, you can easily browse, learn, and purchase pre-sale tokens right from the app!

Download now! https://t.co/he5kzra7TY pic.twitter.com/ZcNZ1b6Up1

– Best Wallet (@BestWalletHQ) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1850145407763873939?ref_src=twsrc%5Etfw”>October 26, 2024

The wallet offers a unique pre-sale approach, allowing users buy $BEST tokens exclusively through the application itself.

The native token, $BEST, powers the Best Wallet ecosystem, providing reduced transaction fees, exclusive early access to the hottest new pre-sale, and gamifying wallet participation through the $BEST airdrop. As a result, $BEST is positioning itself to become the leading wallet token in the decentralized market.

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Did you know? you can win <a target="_blank" href="https://twitter.com/search?q=%24BEST&src=ctag&ref_src=twsrc%5Etfw”>$BEST Tokens by completing daily airdrop missions!

The more points you accumulate, the more <a target="_blank" href="https://twitter.com/search?q=%24BEST&src=ctag&ref_src=twsrc%5Etfw”>$BEST you will receive! Get access to exclusive features and reduced fees when the token launches.

Remember, daily quests reset every day at midnight. Not… pic.twitter.com/APEuMjfNZZ

– Best Wallet (@BestWalletHQ) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1855203729043026273?ref_src=twsrc%5Etfw”>November 9, 2024

Currently, investors can purchase $BEST for $0.02255. The price will increase in about 42 hours and will continue to rise as the pre-sale progresses.

To join the pre-sale, users must first download Best Wallet from Google Play or the Apple App Store, then tap the Upcoming Tokens section to purchase $BEST tokens.

To join the pre-sale before a price increase in less than two days, download Best Wallet at $BEST Token official website here.

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