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Analyst Jacob Bury forecasts some Bitcoin price targets for the coming months and a new pre-sale that could be the best cryptocurrency to buy now alongside BTC and the broader market recovery.
While buying Bitcoin at its current low price is a good investment strategy, today’s market is filled with a large selection of cryptocurrencies to choose from. Therefore, investors who speculate on digital assets can consider the best alternative to Bitcoin in 2023, which will be described later.
Full Bitcoin price prediction and best crypto to buy now in the video above, follow his Youtube channel for more crypto updates.
Bitcoin maintained its upward trend in the last seven days
The most valuable cryptocurrency asset has picked up again where it left off on its rise, recapturing the high price level of $23,306. Bitcoin price rallied from a low of about $16k to its current level, Bitcoin was able to break above the significant resistance level of $21,300 and has now reached its current trading price of $22,911 as of today, January 22.
Bitcoin price data
Bitcoin’s current price is $22,911 and it has a market value of $440.19 billion, a 24-hour trading volume of $75.69 billion, and a market dominance of 41.05%. In the last seven days, there was a 9.47% gain in the BTC price. Bitcoin reached its all-time high price of $68,770 on November 10, 2021. To buy Bitcoin, we recommend eToro, a safe and regulated cryptocurrency exchange.
Bitcoin has been pumping massively in the last two weeks, but before it can move to the next major level, which is expected to be around $26,900, it must first break the key resistance of $22,700. If we can break this resistance, that will be excellent. We would like to see a breakout retest of the support and a continuation of this resistance at $26,000 – $27,000 before going much higher. If the bears take control again, he will refuse.
Bitcoin Price Prediction
Previously, BTC was getting these swing highs and lows to the resistance level and swing lows to the support level and back to the resistance level, indicating that it is turning down or waiting for a retest of the $600 billion zone. for total market capitalization. If we lose this support level, the market could drop back 20-30%. Since we are in a bear market, resistance levels are the areas to sell.
According to technical analysis, bitcoin will have a hard time returning to its all-time high in the first quarter of 2023, but it will show its resilience again. Bitcoin has always been strong and has shown that it can make a strong recovery.
Join the Jacob Bury Discord channel which has over 3000 members. It’s a great place to find out more about crypto upgrades and new crypto pre-sales.
Meta Masters Guild
Meta Masters Guild is creating a mobile gaming ecosystem that will allow people to earn rewards just for having fun and participating in gaming activities. They believe in the power of the community and work hard to create games that the community wants to play. It is generally recognized as the world’s first global organization dedicated specifically to Web3 gaming on mobile devices.
🚀 Ready for the future of gaming? 🎮 #MMG allows true ownership and verifiability of game assets. 💪
➡️ Experience true ownership 🔐
➡️ All in-game assets are verifiable and tradable 💰
➡️ Decentralized ecosystem with greater incentives. 🌱💡 https://t.co/HzrnZe7NYC pic.twitter.com/9fYUgANQ6c
— Meta Masters Guild (@MEMAGgames) January 22, 2023
His intention is to implement blockchain technology in high-quality mobile games to establish a decentralized gaming ecosystem. In addition, the organization will make it possible for its members to obtain great advantages for their participation in the ecosystem by offering opportunities to do so. Meta Masters Guild pre-sale tokens are running out fast.
Twelve days after the start of its presale, Meta Masters Guild, the most exciting play-to-win (P2E) gaming platform of the year, has raised $922,000 from interested investors. Currently, a MEMAG costs $0.01. When stage two of the pre-sale concludes in six days, the MEMAG token price will increase by 30%. Guide on how to buy MEMAG token here.
The project aimed to create a gaming ecosystem where people enjoy playing and want to spend money on them. The game economy would be completely open and fair. Provide a way for players to exchange their in-game items and currency. They think that a game with an open economy will attract more investors and that Web3 games will have more exchanges than traditional games.
Related
Meta Masters Guild – Play and earn cryptocurrency
- Innovative P2E NFT Game Library To Be Released In 2023
- Free to Play: no entry barriers
- Putting the fun back in Blockchain gaming
- In-game rewards, bets, NFTs
- Real world community of players and traders
- Round One of Token Sale Live Now – memag.io
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