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The price of bitcoin registered a lower loss in the last 24 hours to operate at $ 104,311.27 at 10:03 pm Est since some investors decrease their exposure to cryptography.
This slight drop in the price of btc occurs after the president of the European Central Bank, Christine Lagarde, suggested that it was unlikely that the Czech National Bank approved the adoption of a reserve based on the largest cryptography for market capitalization.
Speech To the press on January 30, Lagarde said that the European Council has the opinion that a reservation for the bank must be “liquid, safe and safe.”
bitcoin Price Hits Resistance
4 -hour graph for btc/USDT (Source: TrainingView)
An ascending triangle pattern was formed that formed in the 4 -hour btc table <a target="_blank" href="https://www.tradingview.com/x/zc18NXCh/”>validated In the last 48 hours, resulting in a break above the resistance level of $ 102,964.28. He bitcoin Price now tries to violate the barrier after $ 105,887.52. If the main cryptography closes a 4 -hour candle above this threshold in the next 12 hours, it could increase to $ 108,810.76.
On the other hand, a rejection of the resistance of $ 105,887.52 could stop btc in its tracks. In this alternative case, the bitcoin The price could end up testing the brand of $ 102,964.28, but as support this time. In an extremely bassist scenario, the price of cryptography could even fall into a shock as low as $ 98,063.55 if the sale pressure persists.
The technicians warn that bitcoin's price could suffer a setback
From a technical point of view, the indicators in the 4 -hour btc table warn that the price of the main cryptography could suffer a setback in the next 24 hours. More specifically, the divergence of the convergence of the mobile average (MACD) and the relative resistance index (RSI) show bearish signs.
In the last hours, the MACD line has begun to collapse towards the MACD signal line. This narrowing gap with the current orientation of the two indicators suggests that btc's positive trend has reached a peak and is beginning to make the transition to a bearish cycle. If the margin continues to shrink, the two lines could end up crossing to confirm the beginning of a negative trend.
Meanwhile, RSI's values have also collapsed to indicate a sharp fall in the buyer's force. Now, the RSI is about to cross below its simple mobile average line (SMA). This specific technical event could be seen as a sign that sellers have assumed the price of the price of bitcoin, which could be followed by a drop in the value of the market leader.
While bitcoin Technicals Flash Bearish, the presale for crypto wallet token The best wallet (better) It is charging for $ 9 million. This strong ICO performance is produced in the middle of a series of expert bullish predictions. Among them is crypto Gains, a youtuber with more than 141K subscribers, who said the best could fly 10 times after its launch.
https://www.youtube.com/watch?v=jn9c2jh36dy
The best cryptographic custody solution
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In addition to offering support for more than 60 blockchains and its native coins and tokens, the application also allows investors to import and consolidate their wallets within the best wallet application. This makes it much simpler for cryptographic investors to monitor their holdings, even if they extend through multiple wallets in multiple block chains.
Merchants and investors can also maximize profitability by changing without problems from one crypt to another within the best wallet application, which allows them to capitalize on the opportunities that arise in the market as soon as they appear.
One of Best Wallet's most outstanding features is the “next tokens” section, which has already marked successfully Catslap (slap) and Baby Uchianid (PEEP). Both meme coins have offered impressive yields for investors who bought when Best Wallet first identified them as promising projects to monitor.
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Do not sleep https://t.co/he5kzra7ty pic.twitter.com/uoyradyiqo
– Better wallet (@bestwallethq) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1884564673925730378?ref_src=twsrc%5Etfw”>January 29, 2025
The best additional wallet features and benefits can be unlocking simply buying the best tokens. Anyone who has the native cryptography of the project will unlock higher rewards, lower transaction rates and get early access to new projects.
Best Ballet's Blockbuster prevail is directed for $ 9 million
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