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Bitcoin Price Climbs Back to $100K: Is This Just the Beginning?

Bitcoin price started a fresh upward move above the $98,000 zone. BTC is trimming losses but might struggle to settle above the $103,000 zone. Bitcoin started a fresh upward move above the $100,000 level. The price is trading above $99,500 and the 100 hourly Simple moving average. There was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another increase if it stays above the $100,000 zone. Bitcoin Price Reclaims $100,000 Bitcoin price started another decline below the $95,000 zone. BTC gained bearish momentum for a move below the $93,500 and $92,000 levels. It even dived below $91,000. A low was formed at $90,944 and the price recently started a decent recovery wave. There was a move above the $95,500 level. The price cleared the 50% Fib retracement level of the downward move from the $106,000 swing high to the $90,945 low. Moreover, there was a break above a key bearish trend line with resistance at $96,000 on the hourly chart of the BTC/USD pair. Bitcoin price is now trading above $98,000 and the 100 hourly Simple moving average . On the upside, immediate resistance is near the $102,000 level. The first key resistance is near the $102,500 level or the 76.4% Fib retracement level of the downward move from the $106,000 swing high to the $90,945 low. The next key resistance could be $103,200. A close above the $103,200 resistance might send the price further higher. In the stated case, the price could rise and test the $105,000 resistance level. Any more gains might send the price toward the $107,000 level. Another Decline In BTC? If Bitcoin fails to rise above the $103,200 resistance zone, it could start a fresh decline. Immediate support on the downside is near the $100,500 level. The first major support is near the $100,000 level. The next support is now near the $98,000 zone. Any more losses might send the price toward the $96,500 support in the near term. Technical indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support Levels – $100,500, followed by $100,000. Major Resistance Levels – $102,000 and $103,200. CoinOtag

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Unstoppable Surge? OFFICIALMAGACOIN.COM, XRP, and SOLANA Are Poised for Explosive Growth!

While Bitcoin (BTC) proved it’s possible by delivering exponential returns to early investors, the spotlight now shines on OFFICIALMAGACOIN , a newcomer that could replicate such success. With a presale price under $0.20 and a rapid rise in popularity, OFFICIALMAGACOIN is capturing the imagination of crypto enthusiasts who believe that $300 today could turn into $999,000 in the near future. Why OFFICIALMAGACOIN Could Transform Your Investment 1. Early-Stage Opportunity OFFICIALMAGACOIN is still in its presale phase, offering a ground-floor opportunity for investors to buy in before the token gains mainstream attention. This is the stage where gains of 1,000x or more become achievable, as seen with Bitcoin in its early days. 2. Exclusive AvailabilityUnlike widely distributed coins, OFFICIALMAGACOIN is exclusively available at OFFICIALMAGACOIN.COM . This exclusivity drives demand, ensuring that early adopters benefit as interest surges. 3. Record-Breaking Presale SuccessRaising over $1 million in presale funds in record time, OFFICIALMAGACOIN has already proven its appeal among investors. Such strong initial support is a hallmark of projects poised for explosive growth. 4. Massive Growth PotentialExperts are predicting OFFICIALMAGACOIN could follow in Bitcoin’s footsteps, transforming small investments into extraordinary returns. With its low entry price and strong market momentum, the potential for turning $300 into $999,000 feels more achievable than ever. How It Stacks Up Against SOL, MATIC, KAS, and BTC Bitcoin (BTC): A proven store of value, but its days of exponential growth are behind it. Solana (SOL): Fast and scalable, but its market is maturing, making massive gains less likely. Polygon (MATIC): A strong performer in Ethereum scaling, but it lacks the exclusivity and newness of OFFICIALMAGACOIN. Kaspa (KAS): An up-and-coming blockchain project with potential but without the momentum OFFICIALMAGACOIN is generating. Don’t Miss Out on OFFICIALMAGACOIN The chance to turn $300 into $999K doesn’t come often, but OFFICIALMAGACOIN might just be that opportunity. With its affordable price, exclusivity, and massive growth potential, it’s a must-watch for 2025. Secure your tokens now at OFFICIALMAGACOIN.COM and stay updated on their journey via Twitter/X. Website: officialmagacoin.com Twitter/X: https://x.com/officialMAGAx Continue Reading: Unstoppable Surge? OFFICIALMAGACOIN.COM, XRP, and SOLANA Are Poised for Explosive Growth! CoinOtag