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Since the start of September 2023, HarryPotterObamaSonic10Inu (BITCOIN) has been experiencing a gradual recovery.
The token is currently gaining bullish momentum, attracting additional buyers to join its market and seize an opportunity. According to data on GeckoTerminal.com, as of 6:29 a.m. EST, BITCOIN is actively trading at $0.10, a 15% increase over the past 24 hours.
BITCOIN Breaks $0.08 Resistance Level
HarryPotterObamaSonic10Inu has been upward for several weeks after confirming primary support at $0.04.
BITCOIN’s four-hour chart on Dextools.io currently sits above two simple Moving Averages (EMAs): the 50 SMA and the 21-day SMA.
Both SMAs are positioned below the price, indicating that the bulls have established a solid price foundation as it approach the looming resistance point at $0.12.
The Relative Strength Index (RSI) also supports the bullish outlook, trading at 75, exceeding the overbought threshold of 70.
This suggests significant buying pressure for BITCOIN’s price, potentially driving it to higher levels in the coming weeks.
A breakout is typically anticipated when the price surpasses the resistance level at $0.082
Although BITCOIN is currently trading above this price point, it is encountering obstacles due to the resistance level at $0.12.
The projection for BITCOIN indicates bullish momentum, with the price exceeding the critical resistance level of $0.08.
This suggests that the price could reach $0.12 and even $0.137.
If the bears take control of the price, a potential downward movement may lead to the bulls regrouping at the $0.08 support level.
As we wait for HarryPotterObamaSonic10Inu to take a distinct course, Bitcoin Minetrix, a new crypto project, garners significant interest among traders, raising over $300,000 since its presale launch, making it a great investment alternative.
BTCMTX Presale is Inching Toward its Goal, Buy Fast
Bitcoin Minetrix (BTCMTX) is conducting a presale and has already raised an impressive $308,538, indicating strong market interest in the platform’s potential offerings.
The presale phase consists of 10 stages, setting a soft cap of over $15 million and a hard cap of $32 million. Early supporters can acquire BTCMTX tokens at a discounted price of only $0.011 during the current presale stage. This token price will, however, increase by 10% in subsequent presale stages.
The project has a maximum coin supply of 4 billion tokens, of which 70% (2.8 billion tokens) are available to presale investors.
Bitcoin Minetrix aims to allow regular crypto enthusiasts to generate passive income by tokenizing cloud mining.
Welcome to #BitcoinMinetrix! 🪙
Decentralized $BTC mining made simple. We're revolutionizing cloud mining with $BTCMTX tokens, ensuring security and transparency.
Making it easier than ever. pic.twitter.com/iZPJN5GO8O
— Bitcoinminetrix (@bitcoinminetrix) September 26, 2023
By tokenizing cloud mining, Bitcoin Minetrix strongly emphasizes security and transparency, eliminating the risks associated with third-party cloud mining schemes and giving control to token holders.
Earn Passive Income with BTCMTX Stake-to-Mine,
BTCMTX introduces an innovative approach called Stake-to-Mine, which combines cloud mining and token staking.
Intrigued by #BitcoinMinetrix?
Unlocking the world of $BTC mining, hassle-free and without the need for specialized gear or technical know-how.
Simplified like never before. 🚀 pic.twitter.com/Kkrgr5m1xj
— Bitcoinminetrix (@bitcoinminetrix) October 1, 2023
The staking pool has gained significant adoption, with over 5 million BTCMTX tokens already staked within it.
BTCMTX tokens can be converted into mining power and enable passive token generation through the staking mechanism.
Introducing the #BitcoinMinetrix Stake-to-Mine Dashboard🌐
Allowing the management of $BTCMTX and mining credits in one place with the #BitcoinMinetrix dashboard. pic.twitter.com/lMO0hPkTwZ
— Bitcoinminetrix (@bitcoinminetrix) September 29, 2023
Currently, the project is generating 158.5 tokens per Ethereum (ETH) block, resulting in an annual percentage yield (APY) of 2571% with 16,205,217 already staked. The APY will decrease as more investors stake their tokens. Therefore, it’s important to buy and stake early to benefit from this attractive APY percentage.
Zach Humphries, a prominent crypto YouTuber, explained to his over 116k subscribers how investing in BTCMTX is one of the best ways to earn BTC passively, adding hype to this project.
You can participate in the presale to acquire BTCMTX tokens with a minimum purchase of just $10, and payment options include Ethereum (ETH), Binance Coin (BNB), USDT (Tether), or bank cards. All you need is to connect your Web3 wallet to the BTCMTX website.
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