The Bitcoin price surged with the start of the new week, after seeing a dip over the weekend. The coin’s price dropped back to $89k on late Sunday, once again breaking the support at $90k. However, with the arrival of Monday, BTC bounced back up and now pushing towards $99k
Bitcoin Struggled To Breach $92
Bitcoin’s recovery quickly brought the oldest cryptocurrency back to $92,000 per coin, but unfortunately, this level is now an extremely strong resistance which is currently keeping BTC from progressing further.
The coin previously breached it on November 13, even managing to go up to $93,434. As at the time of writing, the coin managed to soar to $99,156. This is currently Bitcoin’s all-time high, and the next milestone that the community hopes to see re-conquered and exceeded.
Since then, however, the Bitcoin price was rejected to $87k, only to recover to $90k again as the week progressed. Then, as mentioned, the weekend brought another dip, and the start of the week returned the price to $92k.
In other words, Bitcoin is seeing some fluctuations which would be considered strong for any other crypto, but for BTC, this is still quite a bullish range. Unfortunately, it does not seem like the coin currently has the required buying pressure to breach the barrier at $92k, let alone achieve a new ATH, although this could change in an instant if a new crypto-positive development were to take place.
For example, Trump’s victory in the US presidential election was enough to push the coin to its current price, to the point where other crypto-related projects, such as a new PolitiFi ICO FreeDum Fighters (DUM) blew up, as a result.
JOIN THE DUM ICO AND CHOOSE YOUR FIGHTER
FreeDum Fighters Sees Its New Conflict
While FreeDum Fighters emerged as a project inspired by the US election, it quickly proved that it has greater potential to draw inspiration from a neverending pool of political conflicts.
It all started as a satirical representation of the US election that was transformed into an ultimate showdown between two mechanized entities representing Trump (MAGATRON) and Harris (KAMACOP). The project allowed investors to buy its token, DUM, and then it presented them with two staking pools.
By voting for one of the two fighters, token holders would stake their tokens into their pool. However, it also introduced a mechanic where the pool with fewer supporters grants higher rewards, hoping that its users would abandon past loyalties and play both sides in order to make a profit.
With the end of the election, the project also concluded its showdown, with a surprising turn of events that allowed KAMACOP to win the fight. Now, it introduced Dark Maga as KAMACOP’s next challenger, represented by a satirical version of Elon Musk.
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The project made politics fun, interesting, and profitable for its community, and so it wasn’t surprising when many started doubling down on its ICO, allowing it to raise over $591k as at the time of writing. Right now, its token, DUM, sells for only $0.000085 apiece, and so far, it has sold over 10.18 billion tokens. You can still join the ICO, stake your tokens into your preferred pool, and start earning major rewards.
