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Bitcoin Recovery Was Interrupted by a Strong Resistance— Here New Cryptos To Consider

August 5, 2024
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2 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Bitcoin Recovery

The crypto industry has seen a lot of volatility over the last few weeks, with plenty of ups and downs during that time. Bitcoin itself fluctuated from as high as $70k to as low as $55k, and for the entire second half of July, it was stuck between $65k and $70k.

However, during one of the recent bearish waves, the world’s oldest cryptocurrency dropped below the $65k level, and it has been unsuccessful at returning above it ever since. The $65k mark became a major resistance that has been holding the coin below, and even now, Bitcoin is struggling to breach it.

As of August 2, its price sits at $64.7k, about 4% down compared to last Friday, and trading sideways in the past 24 hours. But, while Bitcoin is waiting for the next rally to help with the major resistance, there are other promising investment opportunities to consider that might end up being much more rewarding.

A promising alternative to Bitcoin

One of the best opportunities to invest in right now and potentially get major returns quite quickly is 99Bitcoins (99BTC). This is a token developed by a popular crypto educational platform going by the same name.

BUY 99BITCOINS BEFORE ITS PRICE GOES UP

The platform has been around for over a decade, and it was a starting point for many of today’s expert traders, investors, and even developers. However, while it has been teaching about Bitcoin and other cryptos for more than 10 years, it never had its own cryptocurrency until now.

The project developed 99BTC to serve a purpose in a greater plan, which is to launch a new educational platform that would utilize 99Bitcoins’ unique new model known as Learn-To-Earn (L2E). Likely inspired by the P2E model that GameFi projects offer, L2E will allow users to learn about cryptocurrencies and get 99BTC tokens as a reward for completing its lessons.

More than that, the platform is developing new, interactive learning modules to make crypto education more engaging, instead of just providing textbooks, articles, and alike. As such, it will likely become one of the first stops for newcomers to the crypto industry, who will come to 99Bitcoins to learn and earn as they go.

Obviously, this gives the project massive potential, and its ICO raised over $2.59 million as a result. But, the presale is about to end in less than a day, meaning that if you wish to benefit from the expected post-launch surge, you must make sure to buy 99BTC tokens before August 6.

LAST CHANCE TO BUY 99BTC BEFORE THE END OF ITS ICO

To do so, proceed to the 99Bitcoins’ presale website and purchase the token with ETH, USDT, BNB, or credit/debit cards. Right now, its price is $0.00116, and this will likely remain the case until the ICO ends. 

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The content on this site is not investment advice. The information on this website is general in nature, so you must consider the information in light of your objectives, financial situation, and needs. Investing is speculative. When investing your capital is at risk. This site is not intended for use in jurisdictions in which the trading or investments described are prohibited and should only be used by such persons and in such ways as are legally permitted. Before investing you should conduct your own due diligence or obtain advice where necessary. This website is free for you to use but Clickout Media Ltd may receive a commission from the companies we feature on this site.

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