โจ ๐จ Bitcoin Price Update & Market Insights ๐จ โจ
Bitcoin has dropped 1.5% in the last 24 hours, now trading at $95,883. However, despite this dip, Metaplanet, a prominent Japanese investment firm, made its largest Bitcoin purchase to date, acquiring 619.7 BTC for $60 million at around $96,000 per BTC. This boosts their total holdings to 1,762 BTC, valued at $168 million.
๐ฅ Market Insights & Key Levels ๐ฅ
๐ก๏ธ Support Levels: ๐ $93,428 (50-day SMA) ๐ $70,444 (200-day SMA)
โก Golden Cross Alert: ๐ The 50-day SMA crossing above the 200-day SMA indicates the possibility of further bullish rallies.
๐ RSI Reading: ๐ก Currently at 57.95, signaling room for upward momentum before reaching overbought conditions.
๐ฏ Next Price Targets: ๐ A retest of $100,000 is possible in the near term, followed by $120,000 in the medium term.
๐ฅ Flockerz Presale Continues to Surge! ๐ฅ As Bitcoin consolidates, investors are flocking to Flockerz (FLOCK) meme coin, which has now raised over $8 million in its presaleโshowing growing interest in altcoins during Bitcoinโs current phase!
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