Bitcoin Price rises by 1% since this new ICO offers free BTC

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The price of bitcoin increased by 1% in the last 24 hours to operate to $ 96,892 at 2:25 am in negotiation volume that fell 25% to $ 28.77 billion.

The btc price recently fell below $ 95K when a great bearish wave pushed it down, but quickly recovered from this fall. Now, new reports have emerged indicating that Montana became the fourth state of the United States to advance in the bitcoin Reserve Law to the Chamber.

In addition to Montana, the only other states that have achieved this progress are Utah, Arizona and Oklahoma. It should also be taken into account that the bill was amended to exclude the requirement that the funds must be maintained by qualified custodians or by means of a fund quoted by the change. If it passes, it will enter into force on July 1, allowing the state treasurer to move up to $ 50 million to special accounts used to invest in precious, stable and other digital assets.

bitcoin pricing prediction

As for the price of bitcoin <a target="_blank" href="https://coinmarketcap.com/currencies/bitcoin/”>itselfHis recent fall below the $ 95K brand actually led him to $ 93,487. However, the currency recovered rapidly, as mentioned, and both the fall and the counterweight saw their Bollinger bands go through a broad broad.

However, in the last 24 hours, the bands have been reduced considerably, which shows that btc has entered into relative stability. Its price has almost returned to $ 97K, but for now, that is in the range of its pre-Drop levels, since fluctuating up and down for a few thousand dollars is a daily occurrence for btc.

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However, its relative force index (RSI) suggests that the currency could return to $ 100K in the near future.

After his recovery of the fall on February 18, the bitcoin RSI climbed into the overload zone twice. With the first instance, it reached when its price rose to $ 96.4K, after which it fell to the neutral value of 50, while the price dropped to $ 95.6k.

This was expected, since some merchants decided to obtain profits when the price recovered. A new shopping wave then pushed the currency at $ 97.3k, since the RSI once more reached the value of 70, only to return to 50 once again when the price fell to $ 96.8K.

Now, the RSI is increasing again, which means that bitcoin's price could reach up to $ 98k or maybe even more, pushing the currency at $ 100K in one day or two.

Promising alternative to bitcoin

As bitcoin recovers, investors are buying a new memes with btc themes called btc Bull Token (BTCBull). This is a new project that has just launched its ICO 10 days ago, on February 10, raising more than $ 2.4 million during that time.

With such an explosive beginning, experts like Claybro, a crypto youtuber that has more than 136k subscribers, believe that BTCBull could become the upper meme coin, especially with a recent speculation about the Fed that sells gold and buy btc.

https://www.youtube.com/watch?v=QBTQKQJBL_U

This is because btc Bull Token is a project whose only objective is to help push btc higher, and has a very interesting way to do so. Mainly, every time btc reaches certain price milestones for the first time, BTCBull tokens holders will receive airdrops containing free bitcoin.

The project has already established milestones such as btc reaching the price of $ 150k, $ 200k, $ 250k, etc., up to $ 1 million and more. There are also burns of token btcbull that will occur to specific price milestones.

The interest of investors in the ICO of the project has triggered, and many have begun to buy BTCBull, while their price is only at $ 0.002375. Given its mass potential, the fact that it is a meme coin, and that it uses the name of bitcoin, this project could become one of the specialties of meme coins in a short time, so it is not surprising that investors buy while their price is low.

Buy BTCBull before its price see its next programmed presale increase in less than 3 days.

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