Bitcoin Price Prediction: As BlackRock CEO Larry Fink Predicts BTC Will Hit $700K, This No-KYC Wallet Token ICO Closes On $8M

The
Bitcoin
price
has
slumped
2%
in
the
last
24
hours
to
trade
at
$102,628
as
of
3:30
a.m.
EST
on
a
20%
drop
in
trading
volume
to
$61
billion.

This
plunge
in
the
BTC
price
comes
despite
BlackRock
CEO
Larry
Fink
predicting
Bitcoin
could

soar
to
$700,000
per
coin,
driven
by
small
allocations
of
2%-
5%
from
asset
managers
and
amid
fears
of
currency
debasement.

????JUST
IN:
$11.5
trillion
BlackRock
CEO
Larry
Fink
says
Bitcoin
could
go
up
to
$700,000
if
there
is
more
fear
of
currency
debasement
and
economic
instability.

pic.twitter.com/V58UQHkEbU

—
Bark
(@barkmeta)

January
22,
2025

Fink
described
Bitcoin
as
an
international
instrument
to
counter
economic
or
political
instability
concerns
but
clarified
he
was
not
promoting
it.
Fink
also
warned
of
persistent
inflation
risks
over
the
next
year,
cautioning
against
assumptions
that
inflation
has
already
peaked.

Bitcoin
Price
Encounters
A
Slight
Pullback

The
BTC/USDT
price
action
on
the
1-day
timeframe
indicates
a
strong
bullish
trend
as
Bitcoin
currently

trades
at
$102,628.
Key
support
levels
are
$101,000
and
a
secondary
level
below
$96,500.
These
levels
serve
as
safety
zones
in
case
of
a
bearish
correction.

A
well-defined
ascending
trendline
indicates
consistent
upward
momentum
since
late
2024.
Historically,
a
falling
wedge
pattern
in
August
acted
as
a
reversal
indicator,
leading
to
the
ongoing
bullish
rally.
The
current
target
price
is
around
$110,000,
indicated
by
a
green
arrow,
signalling
a
potential
breakout
in
the
coming
days.

BTCUSDT
Analysis
Source:
TradingView

The
Simple
Moving
Averages
(SMAs)
also
support
the
bullish
narrative.
A
significant
bullish
crossover
occurred
in
October,
marking
the
beginning
of
the
upward
trend.
These
SMAs
now
act
as
dynamic
support
levels,
further
stabilizing
the
price.

In
addition,
the
Relative
Strength
Index
(RSI)
is
also
at
56.51,
signaling
strong
bullish
momentum
while
staying
below
the
overbought
threshold
of
70.
This
suggests
that
bulls
have
more
opportunities
to
increase
the
price
of
Bitcoin.

The
LuxAlgo
indicator
has
generated
multiple
buy
signals
(marked
“B”)
throughout
the
trend,
reaffirming
the
bullish
sentiment.
Trendline
breaks
above
key
resistance
levels
suggest
strong
market
confidence.
However,
if
the
price
drops
below
$101,000,
there
could
be
a
pullback
to
$96,500.

Bitcoin’s
price
action
appears
poised
for
further
growth
if
it
can
surpass
the
$110,000
resistance.
A
successful
breakout
could
see
the
price
rally
toward
$115,000
or
even
$120,000.
Conversely,
a
failure
to
maintain
current
support
levels
might
lead
to
a
bearish
correction.

Best
Wallet
Presale
Closes
On
$8
Million-Best
Crypto
To
Buy
Now?

The
Bitcoin
price
is
still
generally
bullish.
However,
as
the
price
gears
up
for
another
bullish
rally,
investors
are
flocking
to
this

Best
Wallet
(BEST)
presale,
pushing
the
project’s
early-stage
raise
past
$7.9
million.

Best
Wallet
is
an
all-in-one
platform
designed
to
help
users
navigate
the
Web3
world.
It
combines
features
like
a
decentralized
exchange
(DEX),
wallet
management,
and
tools
to
make
handling
crypto
assets
simpler
and
more
efficient.

Built
for
simplicity,
powered
by
innovation.

Best
Wallet
is
your
all-in-one
solution
for
managing,
trading,
and
tracking
crypto.
Unlock
exclusive
access
to
powerful
tools
and
ALPHA
on
the
hottest
new
projects!
????

Download
Now
????

https://t.co/he5kzra7TY

pic.twitter.com/tk0loLzzId

—
Best
Wallet
(@BestWalletHQ)

January
20,
2025

What
sets
it
apart
is
the
“Upcoming
Tokens”
section,
where
users
can
spot
promising
tokens
before
they
launch.
The
wallet
has
already
proven
itself
by
identifying
tokens

like

Pepe

Unchained
(PEPU) 
and

Catslap
(SLAP)
that
has
delivered
massive
returns
for
early
investors.

One
of
the
hottest
picks
in
the
“Upcoming
Tokens”
section
is

Solaxy
(SOLX),
a
new
Solana-based
meme
coin
and
the
first
layer-2
solution
on
the
Solana
network,
which
has
already
raised
over
$13.6
million
in
its
presale.

In
addition,
BEST
token
holders
can
now
stake
their
tokens
for
an
impressive
annual
return
of
228%.

An
analyst
from
the
popular
YouTube
channel
99Bitcoins,
with
over
719k
subscribers,
called
BEST
a
potential
game-changer.

Users
can
also
participate
in
the
Best
Wallet
airdrop
by
completing
simple
tasks
to
earn
BEST
tokens
and
boost
their
rewards.

To
join
the
presale,
you
can
buy
BEST
tokens
for
$0.0237
each.

Buy
BEST
tokens
here
before
a
scheduled
presale
price
hike
in
less
than
14
hours.

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