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Today, the sponsored content poster will take an in-depth look at Bitcoin’s (BTC) current technical outlook, indicating that Bitcoin’s price could drop further to $38,000. Additionally, the sponsored content sender will mention that more than 11,000 people registered for Pullix’s (PLX) crypto ICO event. The team claims that this DeFi project, which is currently in the 6th stage of pre-sale, may increase in 2024, although it is not certain. The project is new, its future is uncertain, do not take any action without careful research, there is a risk of investment loss.
Bitcoin Price May Fall Soon
Bitcoin (BTC) has fallen to $41,500 since the launch of spot ETFs in the US. According to 10x Research’s analysis based on Bitcoin price models and technical indicators, the decline may continue. Recently, 10x Research issued a note to clients stating that Bitcoin’s RSI divergence signals a correction. The decline could find potential support near the $38,000 level.
The recent price movement of the Bitcoin cryptocurrency has fluctuated between $44,090 and $41,500 in the past month alone. During this time, market capitalization fell from $863 billion to $814 billion.
However, 16 technical indicators are now in the red for this DeFi token. Therefore, market analysts are making a numerical prediction for the Bitcoin price. They predict its value to drop to $40,194 by the end of February 2024.
Pullix (PLX): Presale Draws Interest
Unlike Bitcoin, the sponsored content sender, Pullix (PLX), whose future is uncertain, is claimed to have attracted attention with its pre-sale performance. Pullix is quoted as announcing that more than 3,500 community members have now joined their journey. So far, approximately 75 million PLX tokens have been sold during this crypto ICO event, and over $4 million is said to have been raised.
Pullix ARMY is OFFICIALLY 3500+ Strong! 😤😤😤
Our community growth is absolutely EXPLODING as we smash presale records left and right!
Now over 3,500 believers are certified $PLX HODLers! With a whopping 11,000 users registering for the $PLX presale
At this trajectory, NO… pic.twitter.com/Ik38PB8S1C
— Pullix (@Pullixmarkets) January 16, 2024
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
According to the content poster, investors are examining Pullix for its game-changing features. Allegedly, Pullix wants to build a hybrid trading platform that combines the best CEX and DEX features, but it may fail. As a result, investors can experience leverage as high as 1000:1, access to all asset classes including cryptocurrencies, and more. The future of the project is uncertain, do not take any action without obtaining detailed information, there is a risk.
PLX native token is the main currency used as trading credits on Pullix. Holding it provides access to certain assets and reduces trading fees. But what makes Pullix special is its unique revenue sharing model, “Trade-to-Earn”.
Cryptocurrency investments are high risk investments, do your detailed research before making any transaction!
With this system, Pullix will reward PLX stakers with a percentage of their daily earnings. Additionally, investors can stake other cryptocurrencies on Pullix at a fixed interest rate, providing tremendous passive income opportunities. Thanks to Pullix’s connections to the Forex market, there may be potential for long-term growth in this market, which Baby Pips claims is the largest in the world.
To What Does Pullix Owe Its Competitive Advantage Against Bitcoin?
Sponsored content sender Pullix (PLX) is claimed to be undervalued compared to Bitcoin, with a market cap of $16 million. Transferred, this makes it easier to obtain new funds and push the price higher. Currently in its 6th phase of pre-sale, one PLX is said to sell for just $0.08. The future of the project is uncertain and there is a possibility of failure, there is a risk.
Click to review Pulix token.
*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high risk investments, do your detailed research before investing!