The post Bitcoin Nears All-Time High as Raboo Presale Heats Up MemeCoin Market appeared on BitcoinEthereumNews.com.

In a  run similar to what we saw in March, Bitcoin (BTC) is back in the limelight as it approaches its record price value yet again. This price growth comes at the same time as the anticipation of the presale of the new meme coin, Raboo. Up to $1.4M of investments have been raised so far during the presale of Raboo, indicating an increasing market interest. Learn more about this new promising crypto project and why it has the potential to soar high in the near future. Bitcoin’s Rise: A Sign of Macroeconomic Forces at Play? Bitcoin’s yield for the year so far stands at 50%, which shows investor expectations of further U.S. dollar inflation. According to CoinTelegraph, Bitcoin is hovering around $69,000 and has a crucial resistance area just above $68,000. An upside break through this level may take Bitcoin to its past record high of around $73,777.  On the other hand, if the Bears manage to drive the price below two important moving averages, they might be in control of the price action, with possible buy levels at $59,600 and $104,552. While Raboo becomes the spark in the meme coin market, Bitcoin remains in blistering form. Bitcoin recently breached $70,000, mostly due to increased spot demand and the buying of spot Bitcoin ETFs. This rally has got many people asking if this is the beginning of the new bull market. Earning During The Presale: Raboo Rewards Participation Raboo is a new unique project ready to rank high among meme coins in the present Bull Market. Raboo will be going against the trend by implementing the best artificial intelligence with meme coins. This promising crypto project will provide creators with a good opportunity to claim $RABT tokens by creating exciting posts that provide genuine uses for the meme coin…

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Filed under: News - @ May 25, 2024 3:08 pm