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Bitcoin price has decreased by 2.4 % in the past 24 hours of trading at 95371 dollars from 00:04 AM EST on the trading volume, which decreased by 9 % to $ 31 billion.
This came despite the fact that the news that Goldman Sachs increased BTC ETF (the exchange box for exchange) by 114 % to $ 1.52 billion. I bought shares of $ 1.28 billion in Blackrock ISHARES Bitcoin Trust (IBIT) and $ 288 million from the wise Bitcoin Fund (FBTC), according to the 13F report on February 11.
In the 13F file today, Goldman Sachs reported the following situations as of December 31. For every position, the change in stocks occurred during October, November and December (so it includes the post -election period):
$ 1.27 billion IBIT (24,077,861 shares). This is 88 % …
– Macroscope (@Macroscope17) February 11, 2025
BTC trading within support
the BTC price Bulls dominated the price in October after a long unification within the level of $ 64500 to pay it to the highest level (ATH) of about $ 108,786.
However, the bulls lost control, as the bitcoin price was traded within a side style, between 92,000 dollars and 108,000 dollars, according to what he said. Geckoterminal Data.
BTC is now trading within the 95,426 support area, just less than a 50 -day simple moving average (SMA). However, Bitcoin price is still higher than SMA for 200 days, a sign that BTC may still rise.
Meanwhile, the RSI indicator shows signs of a correction, as the bears have seized the price, as it decreases towards the level of 30 -vesold, currently at 40.
If BTC continues to decrease from the current support, Bears may pay the price to the bottom of the $ 72,290 support area during SMA for 200 days.
However, if the Bitcoin price passes from the current level, we may see that Bulls targets the level of $ 108,700.
Since the BTC price aims to recover, investors rush to buy a new alternative to Bitcoin called called BTC Bull Token ($ BTCBLL). 99bitcoins, a prominent YouTube channel includes more
BTC Bull Token Presale Races about $ 1 million
BTC Bull Token has gained an immediate traction in the encryption space, raising more than 856 thousand dollars in less than 48 hours after its launch.
While Bitcoin is going to the target one million dollars, BTC Bull Tokeners will be rewarded along the way. INVSTORS who hold $ BTCBLL will receive free Retrops BTC for free when bitcoin price reaches 150 thousand dollars and $ 200.
There will also be “A $ BTCBULL AIDROP” for the most powerful Hodles when BTC reaches $ 250,000, like “the amount of community purchase.”
The system failed for us. So we created a new one. BTCBLL leads the charge. 🐂🔥 pic.twitter.com/dsoz7fpzt8
– BTCBULL_ToKEN (bebtcbull_token) February 11, 2025
In addition to BTC Airdrops, the team will also implement symbolic burns, which permanently removes part of the total width. The goal is to follow Bitcoin and increase scarcity and value.
Bitcoin Bull’s distinctive symbols can gain negatively by walking in symbols for an annual percentage (APY) by 485 %.
Investors interested in participating in preliminary can visit the official BTC Bull to buy BTC Bull tokens for $ 0.002355 each using BNB, ETH, USDT or banking card.
Buy before the price rise in less than 4 days to secure the best deal.
Check BTC Bull here.
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