Bitcoin Dips Below $70,000 – New ATHs Still Expected In The Upcoming Weeks

2024-11-2 20:30

After a major price rally, Bitcoin came within 2% of its seven-month high at $73,750. This surge followed a $500 million inflow into ETFs and growing optimism around the potential election of BTC supporter Donald Trump. 

Currently, Bitcoin is trading below $70,000 level but it’s projected to go back above $72K, reaching a new ATH in the following weeks. 

Meanwhile, meme coins are also hitting new milestones—ICOs like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM) are raising a lot of eyebrows.

Let’s take a closer look at what’s driving this interest…

>>>Buy The Best Crypto Now<<<

Bitcoin Dips Below $70K – New All Time Highs Still Expected

Bitcoin’s current price action points to a promising rally that could push the asset to new highs by week’s end. 

Currently, Bitcoin has dipped below $70K after a stable week above $72K, following China’s announcement of a substantial $140 billion stimulus package, along with the Federal Reserve’s rate cuts in the U.S. 

Historically, these types of liquidity boosts have driven asset profits, and Bitcoin’s price movements reflect this, as it bounces back from early-week profit-taking dips.

Technical indicators show a strong bullish bias, with Bitcoin recently breaking out of a falling wedge pattern—a reversal signal that often predicts upward momentum. 

Holding support around the $66,000 level earlier in the week, BTC rallied to retest $72,150, targeting its previous high of $73,750. However, the spike turned around as BTC entered a price correction period, which is likely to last only over the weekend. 

If Bitcoin surpasses the key resistance at this level and sustains the momentum, projections estimate a climb to around $78,900.

Meanwhile, Bitcoin’s demand remains high, backed by notable ETF inflows. This week alone, U.S.-based ETFs reported $500 million in inflows, driven largely by BlackRock’s institutional interest. 

With the U.S. presidential election approaching on November 5, some analysts suggest a potential BTC rally, especially as candidates on both sides show openness to crypto.

Yet even when Bitcoin does hit an ATH, that doesn’t necessarily mean massive profits for everyday investors. 

If you’re looking for bigger profits, and don’t have millions riding on BTC, turning to these presales may prove more profitable.

>>>Buy The Best Crypto Now<<<

Pepe Unchained Nears $24M as Bitcoin Bull Run Fuels ICO Frenzy

Pepe Unchained’s ICO inches closer to $24 million, and it’s sparking excitement among investors who see it as more than just another meme coin. 

As Bitcoin teases the possibility of $100,000, Pepe Unchained is drawing serious interest with its unique Layer-2 network, “Pepe Chain,” which promises faster and cheaper transactions than Ethereum. 

The team has big plans: an instant bridge back to Ethereum, a dedicated block explorer, and staking options with yields up to 99% annually. 

Even better, its “Frens with Benefits” program sets aside grants for developers keen on building on Pepe Chain, adding more depth and utility.

If Bitcoin’s rally stays on track, Pepe Unchained could grab an even larger spotlight. 

Analysts from 99Bitcoins suggest it might even do a 50x to 100x return. While no one’s certain how high it could go, the buzz around Pepe Unchained feels more than hype—it’s one to watch for any investor looking for the next big thing.

>>>Buy Pepe Unchained Now<<<

Crypto All-Stars (STARS) – One of The Best Performing Presales in 2024

Crypto All-Stars, is quickly grabbing the spotlight as one of the top meme coins to watch ahead of what many are calling the “meme coin supercycle.” 

. STARS has launched a first-of-its-kind, multi-token staking system where holders can earn rewards on 11 popular meme coins, including Dogecoin, Shiba Inu, and Floki. This isn’t something you see with the usual meme tokens, which typically focus more on hype than utility.

What’s got people talking even more is Crypto All-Stars’ MemeVault, a feature built to help holders earn extra rewards, even when the market isn’t going wild. 

MemeVault gives triple the rewards on staked STARS tokens, making it appealing to those who want a steady income while holding their favorite meme coins. It’s a clever approach that’s already pulled in close to $3 million in presale funds from eager early buyers.

With Bitcoin heating up and big players like BlackRock loading up on BTC, the stage is set for a crypto rally, and meme coins like STARS could see serious action. 

Influential voices in the space are buzzing with big projections—ClayBro talks about 70x potential, while Crypto Boy thinks STARS could even hit 100x. 

But the chance to buy at the current price won’t last forever—the next presale price jump is just around the corner, on October 31st.

>>>Buy Crypto All-Stars Now<<<

Flockerz ($FLOCK) is a Decentralized Meme Coin with a Focus on Community Focus

Flockerz, or FLOCK, is shaking up the meme coin scene with a fresh twist: a vote-to-earn system that gives every holder a voice. 

This unique approach has driven Flockerz past the $1.2 million mark in its presale, with investors jumping in to grab their share before FLOCK hits the decentralized exchanges. 

With a massive 1420% staking APY still available for early buyers, Flockerz offers a rare chance for long-term rewards, though the APY will drop as more tokens get staked.

What sets FLOCK apart is its community focus. The FlockTopia DAO lets holders vote on crucial decisions—like token burns and new expansions—while earning rewards. The tokenomics also feel solid, with 10% of the supply reserved for liquidity to keep trades smooth and reduce risks of major price drops.

With a roadmap emphasizing security and community growth, Flockerz has already caught the attention of experts and influencers. 

YouTuber channel 99Bitcoins, for example, sees FLOCK as a strong contender in the upcoming bull market with 100x potential. 

>>>Buy Flockerz Now<<<

FreeDum Fighters ($DUM) ICO Raises $360,000 As the US Elections Go Into Higher Gear

FreeDum Fighters (DUM) has grabbed attention in the meme coin world, with over $380,000 in its presale. 

This isn’t your average crypto—it’s a PolitiFi token with a playful, satirical take on the U.S. presidential race. 

Built on Solana, FreeDum Fighters features two cyborg contenders based on political figures: MAGATRON, a Trump-inspired “freedom fighter,” and Kamacop, a bold feminist cyborg inspired by Kamala Harris. 

The fun twist? Investors can stake their DUM tokens and vote for their favorite candidate, with each side offering different reward rates.

Beyond just holding tokens, FreeDum Fighters gives investors more ways to interact, like social media debates where winners receive extra airdrops. Influencers like ClayBro are already taking notice, calling it a standout in the growing PolitiFi niche.

With its unique blend of politics, humor, and crypto utility, FreeDum Fighters adds a fresh twist to the meme coin space. Whether you’re backing MAGATRON or Kamacop, this presale gives investors a chance to be part of one of the quirkiest projects in crypto right now.

>>>Buy FreeDum Fighters Now<<<

Conclusion

With the new BTC ATH just a few weeks away, investors are diversifying their portfolio with new tokens that could end up exploding.

If you’re wondering which are the best options right now, you should check out trending ICOs like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and FreeDum Fighters ($DUM).

These tokens all have the potential to bring up to 100X profits once they hit exchanges due to their innovative features and unique concepts!

Disclaimer: CaptainAltcoin does not endorse investing in any project mentioned in this article. Exercise caution and do thorough research before investing your money. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.

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