Bitcoin Values Surge by 7% Over Week, Boosted by Softened CPI Data and Strategic Trading on a New ICO That Freely Distributes Bitcoin
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The Bitcoin price surged 7% over the past week and edged up slightly, hovering around $104,000 as of 3:42 a.m. EST, with trading volume plunging 23% to $31.6 billion. 🤔
The price increase comes following the release of US Consumer Price Index (CPI) data for April, which showed that inflation moderated, offering relief from trade tariff concerns. 📈💸
Bitcoin Bull Run Continues, Targeting $110K 📈
The Bitcoin price is cruising in a robust bullish trend, firmly within an ascending channel, and recently completed a rounded bottom formation—a clear sign of a long-term accumulation phase about to burst through its shell. 💪
GeckoTerminal data shows the price shattering the crucial psychological level of $100,000, signaling the beginning of a major rally. 💥💰
The chart demonstrates multiple successful retests of support levels along the uptrend, reinforcing its solid foundation. 🔐💪
In addition, the 50 Simple Moving Average (SMA) on the 3-day chart at $92,740 is skyrocketing above the 200 SMA at $66,978, creating a classic golden cross setup that's traditionally a bullish sign. 🌟🚀
Bitcoin's price continues to thrive above both SMAs, indicating powerful upward momentum and well-anchored dynamic support zones. 📈🌐
The Relative Strength Index (RSI) currently hovers at 68.47, meaning there's plenty of demand, but things might get a tad overbought soon. 📈📉
Can't forget about the Moving Average Convergence Divergence (MACD), which has just crossed bullishly, with the blue MACD line pulling away from the orange Signal line, hinting at strong positive momentum. 💪🚀
Expect more gains in the short to mid-term, as the breakout from the rounded bottom pattern, combined with a strong 50 SMA and a bullish MACD, make for an unmissable opportunity for the bulls, who are jockeying for a $110,000 target, a 6.29% increase from the current price. 📈🚀
On its backside, there's a protective cushion at $92,822 to buffer against potential downward pressure on the Bitcoin price in case of a pullback. 🛡️💰
Bet on Bitcoin, Win Runner-Up Crypto BTC Bull Token (BTCBULL) 🚨
With Bitcoin setting itself up for a powerful run, attention now turns to the new Bitcoin-themed meme coin, BTC Bull Token (BTCBULL), that promises token holders a slice of free Bitcoin! 💔💰
YouTube sensation Jacob Bury, with 56.3k followers, believes BTCBULL is primed for a 10X explosion after launch! 🎉🚀
BTC Bull Token Presale Skyrocketing, Soaring on $6 Million Mark 🔝
As the Bitcoin price looks set for even bigger heights, investors are focusing on the BTC Bull token presale. BTC Bull Token aims to piggyback on the winds of Bitcoin's rally by rewarding BTCBULL holders when Bitcoin scoops up new milestones. 🤝💰
The project plans to airdrop Bitcoin to its holders when Bitcoin surpasses the $150,000 mark for the first time. More airdrops will follow every time BTC hits increments of $50,000 until Bitcoin smashes through the $1 million barrier. 💰💥
Auto-qualification for Bitcoin airdrops? You bet! Holding BTCBULL in Best Wallet automatically unlocks eligibility for Bitcoin dips when a milestone is met. Plus, there's a massive airdrop on the horizon for BTCBULL's top hodlers when Bitcoin hits $250,000—dish out sort of a嬴 positioned by “Community Sale purchase amount.” 💪
🚨 $BTCBULL is Now LIVE on Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token delivering milestone-based airdrops as Bitcoin scores new price levels.
With enticing incentives for buying, holding, and trading, $BTCBULL offers a new way to stack BTC.... t.co/BMzBHcLltU
- Best Wallet (@BestWalletHQ) February 10, 2025
In addition to Bitcoin airdrops, the team will orchestrate token burns, obliterating a chunk of the total supply. This aims to mimic Bitcoin's game plan and boost scarcity and value. 🔨💰
Investors are snapping up BTCBULL, pushing its presale past the $5.7 million mark already. Passive income awaits token holders who stake their tokens for a 72% annual percentage yield (APY)! 💰💸
Get in on the action by visiting the official BTC Bull Token website to snag BTCBULL for $0.00251 a pop, using BNB, ETH, USDT, or a bank card. 🚀💰
Don't delay, grab BTCBULL before it takes off in the next 24 hours to secure a cracking deal! 💥💰
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Investing in Bitcoin is a lucrative opportunity given its current bull run, with experts predicting a price target of $110,000 in the short to mid-term. This technology-driven cryptocurrency is not only making waves in the finance industry, but it's also spawning innovative projects like the BTC Bull Token (BTCBULL), a meme coin that promises token holders a slice of free Bitcoin when specific milestones are achieved. This token's presale is currently soaring, having already reached over $5.7 million, offering promise for substantial gains.
