Bitcoin
“$40 million is just the beginning, this is a global crypto sensation”
BlockDAG Network
London, United Kingdom, June 5, 2024 (GLOBE NEWSWIRE) — Bitcoin (BTC) gained bullish momentum, surpassing the $69,000 mark on Monday after a bearish weekend. BTC is up 1.3% in the last 24 hours, trading at $69,080 at the time of writing, while BlockDAG Network has just released its second reveal-all video as its pre-sale soars to reach over $40 million raised and analysts agree it’s just the beginning for the new technology being branded a “global crypto sensation.”
Bitcoin: Bullish Momentum and Peter Brandt Predictions
Bitcoin (BTC) gained significant upward momentum, surpassing the $69,000 mark on Monday after a bearish weekend. BTC is up 1.3% in the last 24 hours, trading at $69,080 at the time of writing. Its market value has exceeded $1.35 trillion, with a daily trading volume of $22.7 billion. This raise follows substantial investments in the Bitcoin ecosystem, including a $70 million raise from Paradigm for the Bitcoin Babylon staking protocol. Tether also invested up to $150 million in Bitdeer shares, further fueling Bitcoin’s uptrend.
Prominent trader Peter Brandt predicted that the price of Bitcoin could potentially reach $150,000 during this market cycle, noting that the highs of Bitcoin’s previous two cycles align well with an inverted parabolic curve. However, Brandt also warned that his method of analysis is not foolproof, advising traders to exercise caution. He added that there is a 25% probability that Bitcoin has already reached the apex of this cycle and suggested increasing the likelihood of an “exponential decay” if Bitcoin fails to reach a new all-time high and falls below $55,000.
At the moment, Bitcoin is trading at $69,000, a slight drop of 0.2% in the last 24 hours and more than 6% from its current all-time high of $73,737. According to cryptocurrency trader Jake Wujastyk, Bitcoin’s current price movement resembles early 2017, indicating potential for further upside. Permabull Tom Lee and other leading names in crypto analysis have also stated that the price of Bitcoin could potentially rise to as much as $150,000 this year and surpass $250,000 by 2025.
BlockDAG Network: A Global Crypto Sensation
BlockDAG Network made headlines with the release of its second “moon reveal” video, which has already proven to be a global hit. Crypto analysts and influencers on social media platforms like Twitter and YouTube are scoring BlockDAG Network as a “global crypto sensation.” The project presale has recently seen substantial whale investment, quickly reaching over $40 million in record time for any cryptocurrency or digital asset project. This increase in funding reflects growing interest in the BlockDAG Network as a new store of value and passive income generator similar to the original cryptocurrency, Bitcoin.
The story continues
A major highlight of the BlockDAG Network is the launch of the X1 Miner app on Apple and Google stores. This app is a game-changer, allowing virtually anyone across the world to generate extra passive income through crypto and BDAG mining from anywhere in the world.
BlockDAG Network’s official social media channels are buzzing with hundreds of thousands of followers and daily global engagement, further cementing its status as a global crypto sensation. The momentum behind the BlockDAG Network indicates that the $40 million raised is just the beginning of what promises to be a revolutionary force in the digital financial market.
In conclusion, the cryptocurrency market is undergoing significant developments, with Bitcoin’s bullish momentum propelling it past the $69,000 mark and BlockDAG Network emerging as a global sensation with its pre-sale success of over $ 40 million.
As Bitcoin continues to attract major investment and promising predictions from top analysts, BlockDAG Network is making waves with its innovative X1 Miner app and growing social media presence. These advances highlight the dynamic nature of the cryptocurrency market and the potential for substantial future growth in the digital asset class.
Read about BlockDAG pre-sale:
Website: https://blockdag.network
Pre sale: https://purchase.blockdag.network
Telegram:https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice or trading advice. It is highly recommended that you practice due diligence, including consulting with a professional financial advisor, before investing or trading cryptocurrencies and securities.
CONTACT: Brown Williams support at blockdag.network
