Bitcoin Price Prediction: As Michael Saylor Says Amazon Founder Jeff Bezos Could Buy A Lot Of BTC With $600M, This Crypto Wallet ICO Blasts Past $5.3M

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The
Bitcoin
price
has
edged
down
a
fraction
of
a
percent
in
the
last
24
hours
to
trade
at
$95,700
as
of
12:20
a.m.
EST
on
a
1%
drop
in
trading
volume
to
$51
billion.

This
comes
as
MicroStrategy
co-founder
Michael
Saylor
suggests
that
Amazon
founder
Jeff
Bezos
could
use
$600
million
allegedly
earmarked
for
his
wedding
on
Dec.
28
in
Aspen,
Colorada,
to
invest
in
Bitcoin.

Bezos
quickly
shot
the
story
down.

“This
whole
thing
is
completely
false
–
none
of
this
is
happening,”
Bezos
posted
on
X.
“The
old
adage
‘don’t
believe
everything
you
read’
is
even
more
true
today
than
it
ever
has
been.”

Britain’s
Daily
Mail
had
reported
that
the
lavish
event
would
include
purchasing
a
high-end
sushi
restaurant
to
accommodate
180
guests
and
renting
multiple
luxury
mansions
for
prominent
attendees.

Bitcoin
Price
Maintains
The
Long
Term
Bullish
Momentum

BTC/USDT)
price
movement
on
a
daily
timeframe,

Bitcoin
is

trading
at
$95,726,
reflecting
a
slight
dip
of
$540.37
(-0.57%).
This
pullback
aligns
with
a
potential
consolidation
phase,
which
could
set
the
stage
for
the
next
significant
move.


A
key
support
level
at
$93,428
coincides
with
the
50-day
Moving
Average
(SMA),
which
has
been
rising
steadily
and
acting
as
a
dynamic
support.


Further
below,
the
200-day
SMA
at
$70,444
serves
as
another
critical
support
zone,
underscoring
Bitcoin’s
strong
long-term
bullish
trajectory.
The
Golden
Cross
event
in
mid-November,
where
the
50-day
SMA
crossed
above
the
200-day
SMA,
is
a
highly
bullish
indicator
often
preceding
sustained
price
rallies.

Bitcoin price

BTCUSDT
Analysis
(Source:


Tradingview)

The
Relative
Strength
Index
(RSI)
is
currently
at
57.95,
indicating
moderate
bullish
momentum.
This
value
signifies
that
the
market
still
has
room
for
upward
movement
before
reaching
overbought
conditions
(above
70).
Additionally,
the
RSI
signal
line
near
46.24
shows
a
possible
upward
crossover,
hinting
at
a
bullish
reversal
in
the
near
term.

The
price
action
also
reveals
a
well-defined
rounded
bottom
formation
observed
between
September
and
October,
signaling
a
shift
from
bearish
to
bullish
sentiment.
The
current
price
region
is
marked
as
a
potential
reversal
zone,
which
could
serve
as
a
launchpad
for
Bitcoin
to
retest
and
potentially
break
the
$100,000
psychological
barrier
again.

The
chart
sketches
a
target
price
of
$120,000,
indicating
a
medium-term
bullish
projection.
If
Bitcoin
can
maintain
the
$93,428
support
level,
it
will
likely
resume
its
uptrend
and
challenge
the
$100,000
resistance
in
the
short
term.

A
successful
breakout
above
this
level
could
open
the
door
for
a
rally
toward
$120,000,
driven
by
strong
market
momentum
and
positive
sentiment.

However,
failure
to
hold
the
$93,428
support
may
result
in
a
deeper
correction,
with
the
200-day
SMA
at
$70,444
providing
the
next
significant
price
floor.

Best
Wallet
Presale
Blasts
Past
$5.3
Million

Meanwhile,
excitement
is
building
around
the

Best
Wallet
($BEST)
presale,
which
has
just
past
$5.3
million
in
funding
in
its
presale.

According
to
Crypto
Gains,
a
well-known
YouTuber
and
crypto
analyst
with
over
141,000
subscribers,
$BEST
has
the
potential
to
skyrocket
10X
when
it
launches.

Best
Wallet
is
a
cutting-edge
Web3
platform
that
combines
a
decentralized
exchange
(DEX),
wallet
functionalities,
and
practical
tools
for
managing
digital
assets.
Its
sleek
and
intuitive
user
interface
allows
users
to
easily
access
decentralized
finance
(DeFi)
activities
from
within
the
wallet.

One
standout
feature
is
the
“Upcoming
Tokens”
section,
which
highlights
high-potential
tokens
before
they
hit
the
market.
An
example
is

Pepe
Unchained
($PEPU),
flagged
early
to
wallet
holders
before
it
surged
591%
after
launch.
Another
is 

Catslap
($SLAP),
which
saw
a
staggering
3,091%
increase
after
being
highlighted
early
in
Upcoming
Tokens.

Best
Wallet
also
offers
a
421%
annual
return
on
staked
BEST
tokens.

Right
now,
you
can
grab
$BEST
tokens
for
just
$0.0233.
Interested
investors
should
buy
before
a
price
a
hike
in
a
little
less
than
3
hours
to
lock
in
the
best
deal.


Visit
BEST
token.

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