Bitcoin Price Prediction: As Amazon Shareholders Push For 5% BTC Reserves, This Crypto Wallet Surges Past $3 Million In Presale

The
Bitcoin
price
recorded
a
slight
drop
in
the
last
24
hours
to
trade
at
$99,180.82
as
of
3:32
a.m.
EST
as
some
investors
sell
their
holdings
in
the
leading
crypto. 

The
minor
correction
in
the
BTC
price
comes
as
Amazon
shareholders
push
for
the
company
to
invest
in
Bitcoin.
In
a
proposal
shared
by
the
National
Center
for
Public
Policy
Research
(NCPPR),
the
shareholders
said
a
Bitcoin
investment
of
just
5%
of
the
company’s
reserves
can
help
maximize
shareholder
value
over
the
long
term.

Bitcoin
Price
Enters
Consolidation

4-hour
chart
for
BTC/USDT
(Source:
TradingView)

The
Bitcoin
price
has


consolidated

between
$98,544.33
and
$101,980.49
in
the
last
couple
of
days.
Should
buyers
identify
this
period
of
sideways
trading
as
a
long
opportunity,
BTC
might
soon
try
to
flip
the
resistance
level
at
$101,980.49
into
support.
Thereafter,
the
crypto
could
have
the
technical
platform
needed
to
rise
to
the
subsequent
mark
at
$104,462.16.

On
the
other
hand,
traders
deciding
to
sell
their
holdings
in
the
leading
crypto
in
the
short-term
might
expose
the


Bitcoin

price
to
the
risk
of
testing
the
$98,544.33
support.
Thereafter,
continued
sell
pressure
could
push
BTC’s
price
below
this
technical
safety
net
to
the
next
major
support
at
$95,871.76.

Technicals
Warn
Sellers
Might
Push
The
Bitcoin
Price
Down

From
a
technical
perspective,
indicators
on
BTC’s
4-hour
chart
suggest
sellers
have
a
slight
upper
hand
against
buyers.
Both
the
Moving
Average
Convergence
Divergence
(MACD)
and
the
Relative
Strength
Index
(RSI)
warn
the


Bitcoin

price
might
drop
over
the
course
of
the
next
24
hours.

Since
the
start
of
today’s
trading
session,
the
MACD
line
has
been
breaking
away
below
the
MACD
Signal
line.
Traders
often
interpret
the
MACD
line
falling
below
the
MACD
Signal
line
as
a
sign
of
a
crypto’s
bearish
momentum
picking
up
steam.

The
RSI
also
broke
below
its
Simple
Moving
Average
(SMA)
line
in
the
last
24
hours.
This
specific
technical
event
could
suggest
that
sellers
have
grown
substantially
stronger
against
buyers. 

With
the
current
negative
slope
of
the
RSI
line,
it
seems
bears
are
still
growing
stronger.
The
current
reading
near
50
also
warns
the
Bitcoin
price
can
drop
some
more
before
it
enters
oversold
territory.

As
Bitcoin
consolidates,
investors
are
rushing
to
the
new
presale
token


Best
Wallet
(BEST),
which
has
just
surged
past
$3
million
in
presale.

The
Only
Wallet
Investors
Will
Ever
Need

Best
Wallet
(BEST)
aims
to
offer
investors
the
ultimate
crypto
storage
solution.
Some
of
the
standout
features
of
the
wallet
include
its
multi-chain
support
and
non-custodial
nature.
This
means
that
investors
are
in
full
control
of
their
crypto
holdings,
which
can
comprise
of
tokens
on
more
than
one
blockchain
simultaneously.

Apart
from
being
able
to
store
their
crypto
using
Best
Wallet,
investors
can
also
grow
their
crypto
holdings
with
the
suite
of
solutions
that
are
available
in
the
project’s
ecosystem. 

These
solutions
include
cutting-edge
market
insights
to
help
investors
navigate
the
often
volatile
crypto
market,
a
decentralized
exchange
(DEX)
to
seamlessly
swap
from
one
token
to
another,
as
well
as
additional
features
such
as
portfolio
management
and
staking.

To
maximize
their
experience
with
the
Best
Wallet
app,
users
can
purchase
the
BEST
token.
By
simply
holding
BEST,
investors
will
unlock
access
to
reduced
trading
fees
in
the
app,
get
early
access
to
the
newest
presales
as
they
enter
the
market,
and
higher
staking
rewards.
They
will
also
be
able
to
take
part
in
community
governance.

With
the
range
of
features
on
offer,
it’s
no
surprise
that
popular
YouTuber
Crypto
ZEUS
told
his
more
than
81.9K
subscribers
that
the
BEST
token
might
be
the
best
crypto
wallet
to
hold
for
the
next
bull
run.

Investors
Bet
Big
On
BEST’s
Future

Best
Wallet’s
presale
has
performed
exceptionally
well,
with
more
than
$3
million
raised
so
far.
This
buying
frenzy
around
the
token
at
this
early
stage
could
continue
given
the
956%
annual
staking
return
on
offer
to
presale
buyers.

????
Join
the

$BEST
Token
Presale!
????

Stack
your

$BEST
today
and
lock
in
the
lowest
price
before
it’s
gone.
Available
now
on
our
official
website
and
Best
Wallet
app.

Every
moment
counts
–
don’t
miss
out!
????

Download
now!
????

https://t.co/AALEwrMCmn

pic.twitter.com/975cKh0jLr

—
Best
Wallet
(@BestWalletHQ)

November
25,
2024

To
get
in
on
these
high
rewards,
investors
will
first
need
to
acquire
BEST
through
the
widget
embedded
on
the
project’s
website.
Currently
selling
for
$0.023025,
BEST
can
be
bought
with
either
crypto
or
bank
card.
Once
purchased,
the
final
step
is
for
investors
to
put
their
BEST
tokens
to
work
on
the
staking
page
on
the
website.

Investors
who
want
to
lock
in
the
best
rate
will
want
to
hurry
because
BEST’s
price
is
set
to
increase
with
each
new
stage
of
its
ICO.
Its
next
price
hike
will
happen
in
just
over
1
day.

Visit
BEST
here.

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