$BTC aims to break through $68k potentially sparking a much-needed run⊠emerging ICOs are following its lead as they dominate their presale stages.
The leading cryptocurrency is yet again showing great resilience as it tries to break through that significant $68k mark.
Analysts are now certain more than ever that the much-needed bull run is ahead of us, with some even speculating that it could start by the end of October.
Bitcoin was just recently struggling as it fell below $53k, pushing the fear factor through the roof, with predictions that it could even fall to as low as $40k.
How wrong were theyâŠ
As $BTC aims to overcome the $68k mark potentially even pushing to a new all-time high, preparations for the anticipated bull run have started.
If you are looking to position yourself as one of the top earners in the next run, then you should definitely check these promising low-entry ICOs.
Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and MemeBet Token ($MEMEBET) are on the top of our list as each of these tokens brings a unique feature to the table apart from huge explosive potential⊠and the best part â you donât need millions to invest in order to potentially reap massive profits.
Bitcoin Pushes Towards $68k â Imminent Bull Run Ahead of Us?
The price of Bitcoin has broken above $68,000 in what appears to be a fundamental bull run as traders are already setting upside targets higher. The cryptocurrency breached the important resistance line of $67,944 on the back of solid upward momentum and increasing speculation of a spot Bitcoin ETF.
On-chain metrics show an uptick in Bitcoinâs future activity. Open interest is at a record high, signaling increased market liquidity and confidence. Analysts highlight several catalysts that have led to this rally.
They expect a steepening yield curve in U.S Treasuries, speculation about the prospects of Donald Trump getting re-elected because this scenario is likely to benefit the crypto market, and sustained retail interest in Bitcoin, as seen from its spot cumulative volume delta.
However, profit-taking at higher levels cannot be ruled out. The bulls in Bitcoin now focus on a new all-time high, probably to $73,800 or more, with support levels around $65,000 holding firm, ahead of the U.S. election in weeks. Is this really the start of another historic rally?
As almost every factor points in the direction of a bull run, now is the opportune moment to enrich your portfolios with these explosive ICOs Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), Flockerz ($FLOCK), and MemeBet Token ($MEMEBET) that have a strong chance of going up to 100x in the upcoming months.
