Leading cryptocurrency Bitcoin started trading at $113,014 on Tuesday, September 23, according to CoinMarketCap data, fluctuating between $111,591 and $113,351 during the day. The charts show that Bitcoin is recovering from a downtrend since its peak at $117,968. A slight bullish bias is being observed, which could mean that the Relative Strength Index (RSI) has started an upward move. Traders are keeping an eye on the $111,571-113,500 range for Bitcoin, with resistance levels forming around $114,500 and $116,000.
While the short-term outlook remains bullish, analysts point out that there is resistance at the door and caution is warranted. Bullish forecasts emphasize that Bitcoin could rally in the near future, but that this rise could be weak. Still, a buy signal in momentum and long-term moving average support suggest that a rebound could be on the verge. If Bitcoin manages to hold the $113,000 level and breaks through on volume of $113,500, a rise to the $116,000 level could be on the agenda.
On the other hand, bearish forecasts suggest that Bitcoin could fall back to the $111,500 level if the volume increase necessary for optimism to be confirmed with the MACD signaling a sell signal. Interestingly, some whales have recently started accumulating Bitcoin Hyper tokens. Among the investors looking to buy Bitcoin Hyper tokens at the bottom price, two new whales bought HYPER tokens worth a total of $58,000. With the cryptocurrency market in a broad decline, analysts say the Bitcoin Hyper token offers a potentially 100x pre-sale opportunity. The whale activity, recognized by significant contributions from individual investors, reflects confidence in the project's growth potential.
Bitcoin Hyper is a next-generation Bitcoin Tier-2 solution that allows participants to benefit from a future market recovery in Q4 2025. Recent whale purchases include $85,000 on September 17, $18,200 on September 18, $50,000 on September 15 and $50,000 on September 4. The whales are thought to be moving quickly to take advantage of the discounted pre-sale opportunity.
The active pre-sale event has attracted attention by raising more than 17.8 million dollars in total. The HYPER token is currently selling for $0.012965 and the number of tokens accumulated in the staking pool has exceeded 803 million. The staking pool provides investors with passive income opportunities, as well as the ability to sell quickly during a potential upswing after exchange listings. Participants can earn 199.77 HYPER tokens per Ethereum block, with a high annual percentage yield (APY).
Bitcoin Hyper has the same initial excitement we see in viral projects, with an active community and a meme-based approach. Investors are advised to keep a close eye on market dynamics and seize opportunities like Bitcoin Hyper token.
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Bitcoin, Bitcoin Hyper, cryptocurrency, whale, price analysis, HYPER token
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