Bitcoin Price Prediction as BTC Jumps Above $70,000 Resistance – Time to Buy?
Bitcoin's price has risen by 2.5% in the past 24 hours, reaching $70,561. In the last week, it has increased by 6.5%, but dropped by 2% over the month. Predictions suggest a positive outlook for Bitcoin, especially with an upcoming halving event. Technical analysis indicates potential for further price rallies. There's anticipation of a significant price move, likely upward. In the near term, there may be selling pressure due to the halving event, but long-term expectations are bullish. Alternative small-cap investments like 99Bitcoins' new token (99BTC) are being recommended for potential high returns. A presale opportunity is available for interested investors at $0.001 per coin.
