The Bitcoin price saw a major surge over the last week, going from the support at $66k all the way up to a resistance at $72.5k. However, in the last week, the project saw a particularly sharp spike up that led the original cryptocurrency even higher to $73,544.
Bitcoin Almost Hit A New ATH: Is The Rally About To Start?
Thanks to the recent spike up, BTC came really close to making a new all-time high. Previously, the coin hit an ATH at $73,750, which happened all the way back in mid-March of this year, around 8 months ago.
Now, the long awaited ‘Uptober’ allowed it to return to these levels but its increase stopped when it was only $200 short from making a new record. Instead, its price was rejected, and while it initially found a support at the price of $72k, the support has been broken as of the time of writing.
BTC is currently spiraling down, with its price at $71,547 as of 9.50 a.m. EST. The coin could still bounce back up if the trend reversal allows it and a new bearish wave pushes it back up, but for now, the bears are seemingly controlling the market.
Given the height of its price, buying Bitcoin now is likely not the most profitable move, unless you intend to invest for the long-term. Given the perceived close proximity of the next bull run, BTC could skyrocket well beyond $100k in the next few months, according to some experts. Still, that is only speculation, and something that only those comfortable with high risk can count on.
If you wish for a less risky way to make a profit from cryptocurrencies, consider joining the Crypto All-Stars (STARS) presale, as this project can unlock a new way to stake meme coins which might just revolutionize the process forever.
JOIN THE STARS PRESALE AND START STAKING YOUR MEME COINS
Stake All Major Meme Coins In The Same Place
Crypto All-Stars is a new meme coin project that has introduced a unique new smart contract for staking. Known as MemeVault, the new smart contract type put the project on the radar of numerous investors, as it is the first multi-coin contract.
As such, it allows meme coin users to stake about a dozen major cryptocurrencies as soon as they buy some STARS first. The project is focusing on the meme coin sector, and its MemeVault supports the likes of DOGE, SHIB, TURBO, BRETT, PEPE, and more. As mentioned, about a dozen tokens are supported now, with more expected to come in the future.
But, by introducing the first-ever multi-coin staking smart contract, Crypto All-Stars positioned itself as the future center of meme coin staking. It makes staking easier and more convenient, as investors with large meme coin portfolios no longer have to stake their coins in individual smart contracts.
BUY STARS BEFORE ITS PRICE GOES UP
This alone was enough to make Crypto All-Stars a major hit among investors, many of whom have joined its presale. The ICO raised over $2.87 million already and it is still ongoing, selling STARS for only $0.0015309 apiece.
You can join its ICO yourself and buy the token with ETH, USDT, BNB, FLOKI, DOGE, SHIB, PEPE, or your credit/debit cards.
