Bitcoin price rises 3% as traders flock to this wallet pre-sale

bitcoin price rose more than 3% in the last 24 hours to trade at $107,143 at 02:25 am EST with trading volume increasing 142% to $118 billion.

Throughout the last trading day, btc also hit a new all-time high (ATH) of $108,786, according to data from CoinGecko, coinciding with the upcoming inauguration of pro-crypto president-elect Donald Trump. Eric Trump, the son of the incoming president, confidently predicts that btc will continue to rise.

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To the moon! <a target="_blank" href="https://twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin <a target="_blank" href="https://twitter.com/worldlibertyfi?ref_src=twsrc%5Etfw”>@WorldLibertyFi <a target="_blank" href="https://twitter.com/saylor?ref_src=twsrc%5Etfw”>@saylor <a target="_blank" href="https://twitter.com/DavidSacks?ref_src=twsrc%5Etfw”>@DavidSacks pic.twitter.com/QTiHWiXckX

—Eric Trump (@EricTrump) <a target="_blank" href="https://twitter.com/EricTrump/status/1881202867987751109?ref_src=twsrc%5Etfw”>January 20, 2025

This rise in the price of the leading cryptocurrency follows the launch of meme coins created by Donald Trump and First Lady Melania Trump over the weekend. As market sentiment grows, former Binance CEO Changpeng Zhao (CZ) believes the success of meme coins, like those launched by the Trumps in recent days, could benefit btc.

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I forgot to say that what's good for memes is good for bitcoin. https://t.co/78N87oT157 pic.twitter.com/mftzBWeeqp

– Czech Republic BNB (@cz_binance) <a target="_blank" href="https://twitter.com/cz_binance/status/1881247250950832546?ref_src=twsrc%5Etfw”>January 20, 2025

Can btc rise to a new ATH?

bitcoin price on a breakout

Over the past year, the btc price has been on a strong bullish trajectory after recovering from the lows seen in mid-2023.

bitcoin's current price of $107,143 represents a significant break above the previous resistance zone, around $98,000, which is now acting as strong support, according to <a target="_blank" href="https://www.geckoterminal.com/eth/pools/0x99ac8ca7087fa4a2a1fb6357269965a2014abc35″>Terminal Gecko.

btc is now trading above the 50- and 200-day SMA, supporting the overall uptrend.

The Relative Strength Index (RSI) sits at 65.66, just below the overbought threshold of 70. This suggests that while the market is bullish, there is still room for an upward move before the cryptocurrency enters overbought conditions.

Meanwhile, the moving average convergence divergence (MACD) line (1107) is well above the signal line (744), confirming the bullish momentum. The rising histogram bars also suggest that btc's bullish momentum is accelerating.

btc will maintain its bullish momentum

Given the current indicators and patterns, btc is likely to maintain its bullish momentum in the short and medium term. The immediate target for the bulls is $110,000, followed by a longer-term target of around $120,000 if momentum is maintained.

In the event of a pullback, the $100,000 level is the closest support, with additional support at the 50-day SMA ($98,000) and the 200-day SMA ($75,000).

As btc prepares for a possible rally, investors rush to the Best wallet (BEST) pre-sale. crypto Gains, a YouTuber with over 145,000 subscribers, says the BEST token has the potential to grow 10x after its launch.

Best Wallet pre-sale increases to $7.6 million

Best Wallet is a utility-based project that has garnered significant attention in the Web3 space. The project's vision extends beyond a multi-chain wallet, with plans for a cryptocurrency-enabled bank card and an integrated decentralized exchange (DEX). These innovative features strengthen the long-term usefulness of the project.

One of the most popular features of the project is its “Upcoming Tokens” section. This signals the most promising new cryptocurrency pre-sales to users, allowing traders to read whitepapers, purchase tokens, and track updates.

The project's success in identifying promising projects is clear. has already marked Unchained Baby (PEPU) and Slap (slap)meme coins that generated profits of 500% and 3000%, respectively, for early investors.

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Best Wallet Airdrop's growth is off the charts!

Since the beginning of December, the numbers speak for themselves:

Participants: 13,708 (+60%)
Missions completed: 211,448 (+125%)
twitter activity: 138,313 (+85%)

This is what the Best Wallet family is all about: showing… pic.twitter.com/GcshHkp03d

– Best Wallet (@BestWalletHQ) <a target="_blank" href="https://twitter.com/BestWalletHQ/status/1880260244829532316?ref_src=twsrc%5Etfw”>January 17, 2025

Furthermore, the wallet allows users to stake their BEST tokens to earn a whopping 237% annual return.

With over 100,000 monthly users and strong security, Best Wallet continues to increase its credibility.

The pre-sale of the BEST token has already raised over $7.6 million, demonstrating the immense demand for the platform.

You can get into the project early by purchasing BEST tokens today for just $0.023675. Interested investors should grab tokens before the next price increase in 39 hours.

Buy and stake the BEST tokens here for 237% APY before the next scheduled price increase.

Related news:

Best wallet – manage your cryptocurrencies

• Access DeFi and Web3 Dapps across multiple chains
• Comes with its own OpenAI-powered chatbot assistant
• Get early access to upcoming token and ICO launches
• Integrated decentralized exchange to buy and trade cryptocurrencies
• Store cryptocurrencies and nfts with industry-leading security