Analyst Jacob Bury forecasts some Bitcoin price targets for the coming months and a new presale that could be the best crypto to buy now alongside BTC and the wider market recovery.
While buying Bitcoin at its current low price is a sound investment strategy, but the current market is overflowing with a large selection of cryptocurrencies to choose from. Therefore, investors that speculate on digital assets may wish to consider the best Bitcoin alternative in 2023, which will be described more below.
Bitcoin Sustained Its Upward Trend Over the Last Seven Days
Most valuable cryptocurrency asset has again picked up where it left off on its surge, reclaiming the $23,306 high price level. Bitcoin’s price went up from a low of approximately $16k to its current level, Bitcoin was able to break through the significant resistance level of $21,300 and has now reached its current trading price of $22,911 as of today, January 22.
Bitcoin Price Data
The Bitcoin’s current price is $22,911, and it has a market worth of $440.19 billion, a 24-hour trading volume of $75.69 billion, and a market dominance of 41.05%. In the last seven days, there was a 9.47% gain in the price of BTC. Bitcoin achieved its all-time high price of $ 68,770 on November 10, 2021. To purchase Bitcoin, we recommend eToro, a secure and regulated cryptocurrency exchange.
Bitcoin is pumped massively over the last two weeks, but before it can go to the next major level, which is expected to be around $26.9k, it must first break the key resistance of $22.7k. If we can break through this resistance, it will be excellent. We would like to see a breakout retest of support and a continuation to this resistance of $26,000 – $27,000 before pumping up much more. If the bears take control again, it will be denied.
Bitcoin Price Prediction
Previously BTC was getting these swing highs and lows to the resistance level and swing lows to the support level and back to the resistance level, indicating that its going down or hoping for a retest of the $600 billion zone for the total market cap. If we lose this support level, the market could drop by 20% to 30% again. Since we’re in a bear market, resistance levels are the areas to sell.
According to the technical analysis, bitcoin will have a hard time getting back to its all-time high in the first quarter of 2023, but it will show its resistance again. Bitcoin has always been strong and has shown that it can make solid comeback.
Meta Masters Guild
The Meta Masters Guild is making a mobile gaming ecosystem that will let people get rewards just for having fun and taking part in gaming activities. They believe in the power of the community and work hard to make games that the community wants to play, it is generally acknowledged as the world’s first worldwide organization dedicated specifically to Web3 gaming on mobile devices.
🚀 Ready for the future of gaming? 🎮 #MMG allows for true ownership & verifiability of in-game assets. 💪
➡️ Experience true ownership 🔐
➡️ All in-game assets are verifiable & tradable 💰
➡️ Decentralised ecosystem with increased incentives. 🌱
— Meta Masters Guild (@MEMAGgames) January 22, 2023
It is their intention to implement the blockchain technology into high-quality mobile games in order to establish a decentralized gaming ecosystem. In addition, the organization will make it possible for its members to earn large advantages for their involvement in the ecosystem through the offering of opportunities to do so. The Meta Masters Guild presale tokens are selling out quickly.
Twelve days after the start of its presale, Meta Masters Guild, the most exciting play-to-earn (P2E) games platform of the year, has raised $922,000 from interested investors. Currently one MEMAG costs $0.01. When stage two of the presale concludes in six days, the price of the MEMAG token will increase by 30%. Guide on how to buy MEMAG token here.
The project aimed to make a gaming ecosystem in which people enjoy playing their games and want to spend money on them. The in-game economy would be completely open and fair. Providing a way for players to trade their in-game items and currencies. They think that a game with an open economy will attract more investors and that Web3 games will have more trades than traditional games.
Meta Masters Guild – Play and Earn Crypto
- Innovative P2E NFT Games Library Launching in 2023
- Free to Play – No Barrier to Entry
- Putting the Fun Back Into Blockchain Games
- Rewards, Staking, In-Game NFTs
- Real-World Community of Gamers & Traders
- Round One of Token Sale Live Now – memag.io