Bitcoin’s price has risen slightly to $84,075.64 amid increasing investor interest, spurred by a competition from Project 11 offering 1 BTC for breaking a cryptographic key. Technically, it faces resistance at $84,612.60, with bullish indicators suggesting upward potential. Concurrently, the BTC Bull Token presale is gaining traction, promising significant future returns and free Bitcoin rewards as price milestones are reached.
Bitcoin’s current price has seen a modest increase of 0.3% in the last 24 hours, trading at $84,075.64 as of 10:19 p.m. EST. This price movement coincides with a unique competition launched by Project 11, aimed at cracking a Bitcoin encryption key, which rewards the successful team with 1 BTC. The competition is open until April 5, 2026, and is designed to secure 6 million BTC, valued at over $500 billion.
Currently, Bitcoin is encountering resistance at $84,612.60. Should it maintain a position above this threshold, analysts predict potential uptrends reaching $91,478.28. Conversely, failure to break this resistance may lead to bearish conditions, risking further declines towards support levels at $78,139.24 and possibly dipping as low as $74,019.83 depending on market activity
Technical analysis signals suggest that Bitcoin might experience upward movement within the next 24 hours. Both the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) indicators appear bullish. The MACD line’s upward trend towards the signal line may indicate the conclusion of a negative cycle, while the RSI, now above 50, suggests buyers gaining momentum. A definitive bullish trend will require the RSI to cross its Simple Moving Average (SMA) line.
In the meantime, interest in the presale of BTC Bull Token (BTCBULL) is intensifying, as many investors are attracted to its potential. The YouTube channel 99Bitcoins has highlighted BTCBULL’s capacity for significant price increase post-launch. The meme coin projects a future where Bitcoin may reach $1 million, accompanied by planned airdrops for holders as Bitcoin reaches certain price thresholds.
The BTC Bull Token aims to release Bitcoin airdrops starting at the $150,000 Bitcoin price mark, with more airdrops issued at every subsequent $50,000 increase. Coin supply will decrease with every $25,000 uptick, fostering a positive demand-supply dynamic. As investors engage with the presale, the meme coin is primed to appreciate due to accumulating expectations of free BTC rewards and scarcity effects from token burns.
The Bitcoin presale has now neared $5 million, indicating strong market interest, yet there remains opportunity for new investors to participate before the anticipated launch. BTCBULL can be purchased via the project’s website for $0.002465, with payment options including cryptocurrency and bank cards. Newly acquired tokens may also be staked for an impressive 87% APY. As more buyers enter, the presale price is expected to rise in phases, urging prospective investors to act swiftly to secure competitive rates.
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