Bitcoin Price Falls 3.6% as Israel Vows Revenge for Iran Missile Attack, as Traders Turn to This Meme Coin ICO Amid Crypto Collapse

bitcoin price fell 3.6% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>listed at $61,687 at 03:37 am EST on trading volume increasing 40% to $50 billion.

This comes as Israeli Prime Minister Benjamin Netanyahu vowed to take revenge on Iran as the conflict in the Middle East threatened to spiral out of control.

Netanyahu warned that Tehran would “pay a price” after it fired around 200 ballistic missiles at Israel on Tuesday night following an Israeli invasion of Lebanon.

bitcoin price currently in a downtrend

bitcoin price has maintained a sustained bullish trend in September as it surged from the $53,700 support on September 8 towards a rising phase, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>Terminal Gecko.

However, the resistance at $66,000 has allowed bitcoin price to crash, forming a rounded top pattern.

btc is trading below the 50-day SMA, which shows that btc price is currently in a short-term downtrend. However, bitcoin price is still trading above the 200-day SMA, suggesting that btc may still be moving towards a reversal.

btc/USD chart analysis on the 4-hour chart shows that btc is currently in a downtrend as the bears seem to have capitalized on the round-up pattern to push bitcoin price below the $62,000 support.

If this pressure from the bears continues, btc could fall further, with $54,500 acting as the next possible support.

However, the Relative Strength Index (RSI) is recovering from below the oversold region of 30, currently at 34 and still rising. If the bulls manage to continue buying, bitcoin price could bounce to the next resistance at $64,181 (50-day SMA).

Meanwhile, investors looking for new opportunities could consider a new meme coin ICO called Flockerz (FLOCK)offering a stratospheric annual percentage yield (APY) of 7,020%.

The new Flockerz pre-sale exceeds $347 thousand

Flockerz ($FLOCK) is a one-of-a-kind meme coin that has raised over $347K since its launch just two weeks ago.

With his Vote-to-Earn (VTE) creative method, Flockerz is revolutionizing the meme coin market and empowering his community, “The Flock”, with real influence over the project.

Unlike conventional meme coins, Flockerz pays its members to actively support important decisions, transcending mere symbolic value and becoming a community-driven movement.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.3925925925926″>

The flock flies high! We have officially surpassed $300k! pic.twitter.com/MsLc5PeoyX

—Flockerz (@FlockerzToken) twitter.com/FlockerzToken/status/1840049282889724227?ref_src=twsrc%5Etfw”>September 28, 2024

At the heart of the FLOCKERZ project is Flocktopia, a decentralized autonomous organization (DAO) where every token holder has a voice. The project promotes a shift from the traditional meme coin structure, where a small group of insiders drive key decisions.

Instead, Flocktopia puts the power directly in the hands of its community, encouraging active participation in the decision-making process.

Through the Vote-to-Earn system, community members vote on crucial developments, ranging from marketing strategies to token burning and future expansions. Participants are rewarded with $FLOCK tokens for their participation, creating a mutually beneficial ecosystem.

In addition to VTE rewards, users can earn passively through the platform. betting mechanismwith a very high annual return of 7,020%. So far, investors have already staked more than 25 million $FLOCK tokens.

According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 706,000 subscribers, $FLOCK has the potential to rise 100x after its launch.

To join the pre-sale, You can buy $FLOCK on the official website here. for $0.0056785 per token using BNB, eth or USDT. You can also make a purchase using your bank card.

Buy before the price rises in about two days to secure the best deal.

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