Blockchain
“40 million dollars is just the beginning, this is a global sensation in the cryptocurrency industry”
BlockDAG network
London, United Kingdom, June 5, 2024 (GLOBE NEWSWIRE) — Bitcoin (BTC) has gained bullish momentum, surpassing the $69,000 mark on Monday after a bearish weekend. BTC is up 1.3% over the past 24 hours, trading at $69,080 at the time of writing. BlockDAG network has just released its second reveal video as its pre-sale soars to over $40 million raised and analysts agree it’s just the beginning for the new technology that’s being branded a “global crypto sensation.”
Bitcoin: Bullish Momentum and Peter Brandt’s Predictions
Bitcoin (BTC) has gained significant bullish momentum, surpassing the $69,000 mark on Monday following a bearish weekend. BTC is up 1.3% in the past 24 hours, trading at $69,080 at the time of writing. Its market capitalization surpassed $1.35 trillion with a daily trading volume of $22.7 billion. This surge follows substantial investments in the Bitcoin ecosystem, including a $70 million raise by Paradigm for the Bitcoin Babylon staking protocol. Tether also invested up to $150 million in Bitdeer shares, further strengthening Bitcoin’s bullish trend.
Renowned trader Peter Brandt predicted that Bitcoin’s price could potentially reach $150,000 during this market cycle, pointing out that the highs of Bitcoin’s previous two cycles align well with an inverted parabolic curve. However, Brandt also cautioned that his analysis method is not foolproof, advising traders to exercise caution. He added that there is a 25% chance that Bitcoin has already reached the peak of this cycle and suggested increasing the probability of “exponential decay” if Bitcoin fails to reach a new all-time high and falls below $55,000 .
As of this writing, Bitcoin is trading at $69,000, down slightly 0.2% over the past 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 is reminiscent of early 2017, indicating the potential for further upside. Permabull Tom Lee and other top names in crypto analysis have also said that Bitcoin’s price could potentially reach $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 keynote video “from the moon,” which has already proven to be a global success. Crypto analysts and influencers on social media platforms like Twitter and YouTube are doing branding BlockDAG network as a “global crypto sensation.” The project’s pre-sale has recently seen significant investment from Whales, quickly reaching over $40 million in record time for any cryptocurrency or digital asset project. This increase in funding reflects the growing interest in BlockDAG Network as a new store of value and passive income generator similar to the original cryptocurrency, Bitcoin.
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One of the highlights of BlockDAG Network is the release of the X1 Miner app on the Apple and Google stores. This app is a game changer, allowing virtually anyone around the world to generate extra passive income through cryptocurrency and BDAG mining from anywhere in the world.
BlockDAG Network’s official social media channels are teeming with hundreds of thousands of followers and daily global engagement, further solidifying its status as a global crypto phenomenon. The momentum behind BlockDAG Network means the $40 million raised is just the beginning of what promises to be a disruptive force in the digital finance market.
In conclusion, the cryptocurrency market is experiencing significant developments, with Bitcoin’s bullish momentum pushing it past the $69,000 mark and the BlockDAG network emerging as a global sensation with its pre-sale success of over 40 million dollars.
As Bitcoin continues to attract large investments and promising forecasts from leading 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 information BlockDAG presale:
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 does not constitute a solicitation for investment, nor is it intended as investment advice, financial advice or business advice. We strongly recommend that you practice due diligence, including consulting with a professional financial advisor, before investing in or trading cryptocurrencies and securities.
CONTACT: Brown Williams support at blockdag.network
