Make No Mistake: In A Bull Run, Bitcoin Is About To Explode

Bitcoin analysts expect prices to surge in the coming years. BTC beta plays like 99Bitcoins, whose 99BTC presale is ongoing, will benefit to dramatic effect in August.

Bitcoin is shaky, and strong resistance at around $70,000 is found. But nothing is surprising from this state of affairs.

After a weak start in July, prices rose sharply throughout this month, adding an impressive 27%.

However, like in the past, looking at what happened in May and June, the zone between $70,000 and $72,000 seems to be an impenetrable fortress shielding determined sellers.

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This rejection is not to say buyers don’t have a chance.

If anything, the uptrend is set, and most traders are overwhelmingly bullish, expecting prices to reach seven digits.

Bitcoin Prices Racing Higher: Impact Of Donald Trump, Bad State Of The Economy

The events following the failed attempt on Donald Trump’s life coincided with a sharp uptick in price. Interestingly, with Trump ducking the bullet, the odds of him clinching the presidency rose—even with Kamala Harris now fronting to replace Joe Biden.

Unlike 2019, when he said Bitcoin was a scam, this time, he’s banking on crypto holders to back his presidency. In turn, he’s promising goodies should he win.

Besides assuring the community that the United States will be the center of crypto and Bitcoin mining, last week at Nashville, the former president said he would consider adding BTC as one of the country’s strategic assets, joining the likes of gold and oil.

Senator Cynthia Lummis of Wyoming has even introduced a bill that, if approved, directs the Treasury Department to purchase 1 million BTC.

Beyond politics, there is this realization that the economy is fragile and hard times are coming.

After the strong march earlier this year, top tech stocks like Nvidia are crashing.

For this reason, Bitcoin is considered a safe haven, the very fodder bulls need to hear to push prices higher.

Investors Backing On 99Bitcoins To Outperform BTC

Amidst this backdrop, investors are closely trailing other Bitcoin beta plays, mainly 99Bitcoins.

The ongoing 99Bitcoins presale is at the homestretch after a wildly successful campaign that has seen the project raise nearly $2.5 million.

As the team prepares to wind off the presale in early August, each 99BTC is available for just $0.00115.

Analysts say if Bitcoin prints new all-time highs, 99BTC will fly, posting at least 100X.

There are several reasons behind this optimism:

• 99Bitcoins is a brand. As the first crypto news outlet dedicated to educating the masses, it plans to relaunch as a learn-to-earn model. Backing this transition is an engaging global community of over 2.8 million email subscribers and nearly 1 million YouTube subscribers.
• The decision to launch the 99BTC token is only natural for the platform. 99BTC will ride the success of BTC, similar to ORDI and the rest. The cool thing is that the token will transit from an ERC-20 to a BRC-20-compliant token in the coming sessions. The decision to launch 99BTC on Bitcoin in the coming months adds another layer of excitement.

Those who buy the discounted 99BTC token now can choose to stake, earning a 672% APY–the highest in the industry.

At the same time, they can also be lucky airdrop receivers.

To encourage participation, the team is conducting an airdrop campaign, distributing 99,999 BTC to 99 lucky community members. This campaign will end on August 6.

Buy 99BTC Here

READ MORE: Is Trump v/s Harris Turning Into A Contest To Appease Crypto Community?

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Disclaimer

Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.
99Bitcoins may receive advertising commissions for visits to a suggested operator through our affiliate links, at no added cost to you. All our recommendations follow a thorough review process.

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