Bitcoin prices have risen slightly over the past 24 hours and are currently trading at $71,132, with trading volume down 20% to just $30 billion. This development coincides with the opportunity for investors to gain equity in a new 4,500 square foot Hampton by Hilton hotel in El Salvador by purchasing tokenized shares issued on Bitcoin’s second layer Liquid Network. This ownership will be achieved through a Bitfinex securities offering.
The hotel is planned to be built at El Salvador's international airport and will be traded through a tokenized asset issuance, facilitated by Bitfinex Securities. Paolo Ardoino, CTO of Bitfinex Securities, said: "For the first time, investors who normally don't have access to such assets can participate, while issuers with limited capital access in the market can use new asset classes to obtain financing."
Bitcoin price expected to rebound within ascending triangle pattern
Bitcoin price has been rising steadily since mid-October, hitting a new all-time high of $73,737. However, bears could not recapture the highs and the price fluctuated inside an ascending triangle pattern at $71,100, with bulls striving to push the price higher. Moreover, BTC is slightly above the 50-day and 200-day simple moving averages (SMAs), which confirms the upcoming upward bullish trend. Moreover, the relative strength index (RSI) has also rebounded above the 50 midline to 59, showing investors increasing buying power.
Bitcoin Price Prediction
Bitcoin price analysis on the 4-hour chart suggests that bulls will push the price above the ascending triangle pattern. Furthermore, the RSI provides some bullish outlook for optimistic investors that could push the price to $85,000. However, with the price rising and the RSI growing, it could mean that a price correction is imminent, dropping the price to the support area of around $63,000. Meanwhile, investors can also consider investing in the presale of 99Bitcoins, which raised $178,000 in less than two days after its launch.
99Bitcoins: Will the next BRC-20 project explode?
99Bitcoins (99BTC) has become one of the most popular websites for people interested in Bitcoin and cryptocurrencies. There are over 700,000 subscribers on its YouTube channel and over 2 million people have signed up for its courses. 99Bitcoins has been committed to providing the best educational resources and visual learning courses for cryptocurrency beginners. The ICO launch of 99Bitcoins aims to transform the website into Web3 through the 99BTC token, providing a fun learning experience for the website's users.
99Bitcoins will be launched as an ERC-20 token and will transition to BRC-20 as an important focus of the project roadmap. This will enable native integration and the development of dApps and projects on the Bitcoin blockchain. The timing of the project’s launch is not accidental, the team aims to take advantage of the Bitcoin halving, which usually triggers a surge in Bitcoin prices after the event.
Pledge $99BTC and get an annualized rate of return of 19,459%, and have a chance to get an airdrop reward of $99,999. The platform also offers a staking option, where $99BTC can be pledged to get an amazing annual rate of return of 19,459%. The team will also provide users with a huge $99,999 Bitcoin airdrop reward. You can now buy $99BTC at a price of $0.001 per token, and keep in mind that in less than four days, the price will increase. According to the 99Bitcoins YouTube channel itself, $99BTC has the potential to skyrocket 10 times after the launch.
To participate in the presale, buy $99BTC tokens on the official website. You can use ETH, USDT or bank cards to purchase.
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