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The Bitcoin price rose 1% in the last 24 hours to trade at $107,752.37 as of 10:42 p.m. EST as investors slowly start to buy the crypto.
The minor uptick in the BTC price comes after the US Federal Housing Finance Agency (FHFA) ordered home mortgage purchasers Freddie Mac and Fannie Mae to consider counting cryptos as assets in their risk assessments for some home loans.
After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage.
SO ORDERED pic.twitter.com/Tg9ReJQXC3
— Pulte (@pulte) June 25, 2025
Bitcoin Price In A Short-Term Positive Channel
4-hour chart for BTC/USDT (Source: TradingView)
The Bitcoin price has been in a positive sequence over the last 48 hours, resulting in the formation of an ascending price channel on the 4-hour chart. Should the crypto continue to trade within this positive range, it could soon attempt a challenge at the $109,048.15 resistance.
However, the Bitcoin price dropping out of the positive channel could lead to a more bearish scenario playing out. BTC could end up testing the immediate support level at $106,273.43 in this alternative case.
Losing that technical safety net might then expose the crypto market leader to the risk of plunging all the way down to $102,791.44. In an extreme case, continued sell pressure could end up pushing the Bitcoin price down to as low as $100,531.66.
Technicals Suggest The Bitcoin Price Is Losing Bullish Momentum
From a technical point of view, indicators on the 4-hour chart suggest BTC”s bullish momentum might be cooling. Both the Moving Average Convergence Divergence (MACD) and the Relative Strength Index (RSI) warn of a potential pullback.
That’s as the MACD line starts to collapse towards the MACD Signal line, a warning that BTC’s positive trend might be nearing its end. If the gap between the two lines continues to shrink, the MACD line could end up crossing below the MACD Signal line. This intersection might then be seen as a confirmation that the Bitcoin price has entered a negative trend.
The gap between the RSI and its Simple Moving Average (SMA) line on the 4-hour chart is also decreasing, with the prior currently positioned above the latter. This could lead to an intersection between the two technical indicators, which traders might identify as a sell signal.
What’s more, the current RSI reading in the high 60s is near oversold territory, which is around 70. High RSI readings usually suggest that a crypto’s downside potential is greater than its upside potential. This could result in some sell pressure if traders react to the signal.
While Bitcoin’s bullish momentum seems to be stalling, investors are FOMO buying into the presale for BTC Bull Token (BTCBULL) before it ends in 4 days. According to prominent YouTube channel 99Bitcoins, which has over 723K subscribers, BTCBULL has the potential to soar 10X after its launch.
A Meme Coin Offering Investors Free Bitcoin
BTC Bull Token is no ordinary meme coin. Built on the belief that the leading crypto’s price will reach $1 million, possibly even higher, the project has set specific milestones that will either see free Bitcoin distributed to its backers via airdrops or trigger a BTCBULL token burn.
The airdrops will begin when Bitcoin hits $150K for the first time. Thereafter, every new $50K milestone BTC achieves will lead to more rewards being distributed. Through these airdrops, investors can build up their exposure to BTC and profit from the crypto’s gains without having to buy Bitcoin directly or take on additional risk.
Meanwhile, the BTCBULL token burns will follow the same $50K-milestone schedule, but will begin when Bitcoin hits $125K for the first time.
By slashing the supply, BTCBULL essentially becomes more scarce. This means that any buy pressure on the meme coin, such as from investors rushing to get in on the project’s BTC airdrops, is amplified. With this in mind, it’s easy to see why 99Bitcoins has predicted a 10X gain for the token after its launch.
Investors Rush To Buy BTCBULL At Presale Prices
BTC Bull Token has raised over $7.4 million in its presale so far, as investors bet big on the project’s future. With less than a week left until the ICO ends, time is running out for investors to buy in at this early stage.
Interested investors can acquire the token via the simple buy widget embedded on the project’s website. BTCBULL is currently selling for $0.00258, and can be bought with either crypto or bank card. Once purchased, the tokens can also be staked for a 55% APY.
Investors will want to hurry, because the presale will end in around 4 days.
Visit the official BTC Bull Token website.
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