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</div></div></div><p><span style="font-weight: 400;">The Bitcoin price saw a modest </span><a href="https://coinmarketcap.com/currencies/bitcoin/"><span style="font-weight: 400;">increase</span></a><span style="font-weight: 400;"> over the last 24 hours, trading at $67,191.10 as of 7:34 a.m. EST. </span></p>
<p><span style="font-weight: 400;">Even with the underwhelming performance of BTC in the last 24 hours,</span><span style="font-weight: 400;"> Bitwise’s head of alpha strategies, Jeff Park, anticipates a surge in the cryptocurrency's price to as much as $92K if former US President Donald Trump returns to power.</span></p>
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<p lang="en" dir="ltr">Analyzing <a href="https://twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw">$BTC</a> price correlated with Trump's odds (via <a href="https://twitter.com/Polymarket?ref_src=twsrc%5Etfw">@Polymarket</a>) from 8/15 to 10/20 shows some significant fluctuations—especially when Harris and Trump alternated leads. Based on merger arbitrage-style probability calculations, I project a Trump victory could elevate BTC to about $92,000.</p>
<p>Interpret that as you will <a href="https://t.co/OGy8M3Vju1">pic.twitter.com/OGy8M3Vju1</a></p>
<p>— Jeff Park (@dgt10011) <a href="https://twitter.com/dgt10011/status/1848705737272217968?ref_src=twsrc%5Etfw">October 22, 2024</a></p></blockquote>
<h2><span style="font-weight: 400;">Bitcoin Price Bounced Back From Key Support</span></h2>
<p><img decoding="async" src="https://s3.tradingview.com/snapshots/y/Yl19JLOM.png" alt="BINANCE:BTCUSDT Chart Image by StevenWalgenbach"/></p>
<p><span style="font-weight: 400;">4-hour chart for BTC/USDT (Source: </span><a href="https://www.tradingview.com/x/Yl19JLOM/"><span style="font-weight: 400;">TradingView</span></a><span style="font-weight: 400;">)</span></p>
<p><span style="font-weight: 400;">The Bitcoin price bounced off the support level of $65,937.66 after a brief dip below this pivotal level in the past 24 hours. After regaining traction above this critical threshold, the leading cryptocurrency is now on a positive trajectory and working to convert the $67,937.34 resistance into support. </span></p>
<p><span style="font-weight: 400;">If BTC manages to close a 4-hour candle above $67,937.34 in the next 12 hours, it could establish the necessary technical groundwork to continue its upward movement over the next 24 hours, potentially climbing to $69,693.15.</span></p>
<p><span style="font-weight: 400;">Conversely, if Bitcoin fails to close a 4-hour candle above $67,937.34 within the next 12 hours, it might signal a halt to its positive short-term momentum. In that case, traders might start taking short positions on the crypto, leading BTC to potentially drop below the $65,937.66 support down to $63,401.48.</span></p>
<h2><span style="font-weight: 400;">Bulls Are Gradually Gaining Control Over Bitcoin Price</span></h2>
<p><span style="font-weight: 400;">Technical indicators on BTC’s 4-hour chart suggest that the Bitcoin price may rise as the trading day progresses. Notably, the Moving Average Convergence Divergence (MACD) indicator is close to signaling a major bullish technical flag.</span></p>
<p><span style="font-weight: 400;">Recently, the MACD line has risen towards the MACD Signal line, and it is now attempting to break through it. If this crossover occurs, it could signify that the Bitcoin price has entered a positive trend and will continue to rise.</span></p>
<p><span style="font-weight: 400;">Additionally, buyers have gained an advantage in BTC’s 4-hour chart, as indicated by the Relative Strength Index (RSI) being above its Simple Moving Average (SMA) line.</span></p>
<p><span style="font-weight: 400;">However, the current RSI reading below 50 still indicates a bearish influence over the leading cryptocurrency's price. Nevertheless, the upward movement in the RSI suggests that bulls are starting to gather strength against bearish forces.</span></p>
<p><span style="font-weight: 400;">With the US presidential election just 12 days away, investors might want to explore the new political meme coin </span><span style="font-weight: 400;">FreeDum Fighters (DUM).</span></p>
<p><span style="font-weight: 400;">It's </span><span style="font-weight: 400;">a novel project that </span><span style="font-weight: 400;">YouTuber Jacob Crypto Bury, who has 43.1K subscribers, describes as “an absolute beast” of a meme coin with the potential to yield 10X returns for those who invest.</span></p>
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<h2><span style="font-weight: 400;">A Comedic Perspective on the Upcoming US Election</span></h2>
<p><span style="font-weight: 400;">FreeDum Fighters (DUM) presents a light-hearted commentary on the upcoming US presidential election, offering a humorous take on political happenings. As the rivalry between Trump and Democrat Kamala Harris heats up, the project introduces its own fictional confrontation featuring characters Magatron and Kamacop.</span></p>
<p><span style="font-weight: 400;">Investors not only get to enjoy a laugh as political events unfold, but they can also earn some enticing staking rewards.</span></p>
<p><span style="font-weight: 400;">Unlike the traditional presale that offers a single staking yield for locking up the project’s token, the team behind FreeDum Fighters (DUM) has opted for a unique approach, providing rewards linked to both Magatron and Kamacop.</span></p>
<p><span style="font-weight: 400;">This strategy encourages a gamified election scenario where presale investors, acting as voters, are rewarded for supporting one of the project’s characters.</span></p>
<p><span style="font-weight: 400;">In one corner stands Magatron, also known as “The MAGA Machine,” offering presale participants who stake their tokens annual rewards of up to 405.78%. In the other corner is Kamacop, with an alluring staking return of 1,766.16% for its supporters.</span></p>
<h2><span style="font-weight: 400;">Investing in DUM’s Future</span></h2>
<p><span style="font-weight: 400;">Although the meme coin is still in its early presale phase, it has already generated over $262K.</span></p>
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<p lang="en" dir="ltr">Who’s ready for debates? <a href="https://t.co/HWYUTwcyyF">pic.twitter.com/HWYUTwcyyF</a></p>
<p>— FreeDum Fighters (@Freedum_Fighter) <a href="https://twitter.com/Freedum_Fighter/status/1849402285496914412?ref_src=twsrc%5Etfw">October 24, 2024</a></p>
</blockquote>
<p><span style="font-weight: 400;">Priced at $0.00005, DUM can be acquired using either ETH, BNB, BASE, SOL, USDT, or USDC. Once purchased, the tokens can be staked through the stake/vote page for enhanced staking rewards.</span></p>
<p>A price increase is expected in less than 30 minutes, so act fast if you're interested.</p>
<p><span style="font-weight: 400;">Explore DUM here.</span></p>
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</div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script>BTC May Reach $92K If Trump Wins; Traders Eye Political Meme Coin[embed]https://www.youtube.com/watch?v=6bXrnOFw75U[/embed]
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