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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30
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Breaking News: LINK Price Climbs Following Chainlink's Deal With US Commerce Department, Eyes $30

Bitcoin Trading Above $58K – Can It Reach $60,000 In The Next Few Days?

NewsBTC
NewsBTC
11 months ago
5 mins read

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Although trading 24% lower than its yearly high of $73,800 in March, Bitcoin is eyeing a potential increase. After the massive drop in the last few weeks, the largest crypto has been trading above $58,000.

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The next resistance level for $BTC is at $60,992. But will this coin manage to reach it? And what if Bitcoin continues dropping down? Learn in the article.

We will also discuss top crypto presales, Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Memebet Casino, that you can buy amidst Bitcoin’s latest gains.

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What does Bitcoin need to reach $60,000?

The $58,000 level proved to be crucial for Bitcoin. If the project holds above this level, it could grow to $60,000. But if Bitcoin doesn’t keep this level, it can easily hit new bottoms. In this case, we could be eyeing $55,000 levels.

Rekt Capital claims Bitcoin price cycles have always aligned with halving events. According to this analysis, Bitcoin going up to between $60,000 and $70,000 will cause a new bull run.

Investing.com claims Bitcoin needs three things to break the $60,000 price point:

  • Liquidation of high-leverage short orders
  • Increase in institutional flows. In other words, more institutions should enter the market for $BTC to reach $60,000.
  • Change in the market sentiment.

Although the marketing sentiment towards $BTC remains positive, $BTC has always been volatile. Many investors expect price increases and are willing to invest their money, but it’s always clever to have some backup assets in the wallet. So, if anything goes wrong with Bitcoin, you can still earn money on your investment. Our top recommendations are Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Memebet Casino. These projects are on presale but show massive potential to grow and become top altcoins.

Here is more about them.

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Pepe Unchained: The best crypto presale of the year

Among the most promising projects of the year is Pepe Unchained, an improved version of Pepe Coin. Unlike the original project, Pepe Unchained offers utility and massive rewards to investors. Pepe Unchained goes one step further, creating the first Pepe blockchain. The goal is to free Pepe from the limitations of Layer 1 and provide investors with faster and cheaper transactions.

Pepe Unchained bridges with Ethereum; this combination makes transactions 100x faster. Further, it gives investors access to all transactions on the chain, ensuring transparency and accessibility. Investors can also stake their coins for an APY of 158%.

Pepe Unchained is on presale, having raised over $13 million in funding. Experts claim this new meme project could challenge bigger fishes like Dogecoin or Pepe. If you want to invest in this project, hurry before the upcoming price increase.

>>>Buy Pepe Unchained Now!<<<

Crypto All-Stars: The best project for meme coins owners

If you own major meme coins like Shiba Inu and Dogecoin, Crypto All-Stars is the project that can help you earn more from your beloved memes. This new meme presale gathers meme coins under one umbrella through the MemeVault. This means investors can stake their meme coins and earn $STARS tokens.

With Crypto All-Stars, you can double your rewards. Further, you can also get an additional source of income from your beloved meme coins. But, to get the best out of this project, you should stake $STARS. The current APY you can receive is a massive 1208%.

Crypto All-Stars has so far raised over $1.2 million in funding. The presale is close to entering the next stage, so if you want to invest in $STARS, hurry while at a lower price. Well-known crypto analyst Austin Hilton says Crypto All-Stars is among his top altcoin picks. Invest in the project and see for yourself what’s the hype about.

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Shiba Shootout: The must-watch P2E crypto project

Shiba Shootout could easily be named the most rewarding Play 2 Earn game release of 2024. It is also often mentioned as a top P2E token that could explode. The project brings a Wild West adventure to the crypto world, allowing investors to play gun games to earn rewards.

But playing the game isn’t the only way to earn rewards. You can stake your $SHIBASHOOT coins to earn 852% APY. Further, you can refer the project to your friends or test your luck in the Lucky Lasso Lottery to earn extra.

Shiba Shootout holders can also vote on the most crucial project issues in the Governance Roundup. This feature, especially, shows the project’s focus on its community. Support from investors is the principal for any meme project, and the Shiba Shootout team knows that. That’s why they provided up to $2 million in prizes for the token holders.

Shiba Shootout is on presale, having raised over $1.1 million in funding. This meme presale is close to entering the next presale stage and increasing its price. If you want to buy, hurry before that happens.

>>>Buy Shiba Shootout Now!<<<

Memebet Casino: A new revolutionary casino project

This new casino project changes how meme coin users engage with their favorite assets. The Memebet Casino is the only platform where investors can wager directly with meme coins. Inside the ecosystem, players can earn P2E rewards and access exclusive bonuses, airdrops, and diverse casino games and sportsbooks. Memebet Casino offers thousands of games, like slots, live casino games, and sportsbooks that cover the best leagues like EPL and NBA.

Memebet Token is on presale, having raised over 200k in funding. When you buy $MEMEBET on Ethereum, you can claim and import coins into your wallet. This will prepare you for the upcoming Memebet Casino launch. After the launch, token holders can start wagering with their $MEMEBET tokens. They will also participate in the Memebet wagering presale airdrop.

The project raised $200k quickly after it started its presale. Analysts claim it will possibly be the new Rollbit and the next 100x project. If you want to invest in this top presale project, hurry before the upcoming price increase.

>>>Buy Memebet Casino Now!<<<

Final words

Whether Bitcoin reaches $60,000 is not something you can influence. But, what you can do is adapt in time and secure yourself and your wallet.

And there is no better way to do that than investing in top crypto presales that show massive potential for future growth. Pepe Unchained, Crypto All-Stars, Shiba Shootout, and Memebet Casino are among the best picks because they could grow by 100x post-listing. Thanks to their unique features and massive price potential, these projects are must-haves in your wallet.

Hurry and get them for less while it’s not too late.

>>>Buy the best crypto now!<<<

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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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Reason to trust

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Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
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Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

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