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.

Bitcoin price dipped below the $70,000 level on October 28, but the asset is still expected to reach new all-time highs in the upcoming weeks.

Currently, BTC price action shows a strong bullish bias, with the asset recently breaking out of a falling wedge pattern – a technical reversal signal that often precedes upward momentum.

Bitcoin price dropped below $70K, but new ATHs are still expected. Source: Finbold

After bouncing back from early-week dips triggered by profit-taking, Bitcoin price is set to continue its rally, as indicated by technical indicators.

Following China’s announcement of a substantial $140 billion stimulus package, along with the Federal Reserve’s rate cuts in the U.S., to prop up the economy amid rising inflation, Bitcoin price enjoyed a surge.

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

Fresh capital continues to enter the cryptocurrency market, and the flagship digital asset is likely to benefit from this. Notably, U.S.-based exchange-traded funds (ETFs) reported $500 million in inflows this week, largely driven by BlackRock’s institutional interest.

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

However, 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 presales may prove more profitable.

Pepe Unchained nears $24M as Bitcoin bull run fuels ICO frenzies

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.

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.”

With a unique twist on the meme coin formula, 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.

But 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.

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 1

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