Bitcoin Price Prediction: Eric Trump is aimed at $ 1m as Amdax Eyes 1% Suppy

Bitcoin Price Prediction: Eric Trump is aimed at $ 1m as Amdax Eyes 1% Suppy

Bitcoin is currently at $ 108,410, 3.1% less in the last 24 hours, since merchants weigh new macroeconomic developments against long -term predictions. Speaking at the Bitcoin Asia conference in Hong Kong, Eric Trump declared that Bitcoin would reach $ 1 million, citing two main reasons: the fixed supply of 21 million and the increase in institutional demand.

He also mentioned the growing role of China in digital assets, despite the retail ban on the continent of these assets. He pointed out the development of Stablecoins backed by Yuan, while Hong Kong has approved a Stablecoin bill to solidify his position as a global cryptographic center.

And another mining company linked to Trump will be listed in Nasdaq, so he said that his family is “all inside” in this community.

AMDAX presses to ensure 1% of Bitcoins supply

Institutional accumulation is also accelerating in Europe. The Dutch Cryptoxis Amdax firm raised $ 23.3 million to launch its new treasure vehicle, Ambts, which aims to acquire 210,000 BTC, almost 1% of Bitcoin’s total supply. At today’s prices, that objective is equivalent to more than $ 23 billion in Bitcoin Holdings.

The company plans to expand through additional financing rounds and a possible outpost in the Amsterdam Euronext exchange. This echoes the pioneer strategy for Michael Saylor’s strategy (previously Microstrategy), which turned the treasure bonds into one of Bitcoin’s largest demand engines.

Other global companies, including Tesla, Mercadolibre, Rumble, Sequans and Metaplanet, have also expanded their purchases from Bitcoin. More players enter the market, the offer in exchanges becomes more adjusted, the price rises.

The strategy deletes the demand, strengthens the position

The strategy, the largest corporate head of Bitcoin, wins a legal battle. A demand that accuses the company of misrepresenting investors about the new accounting rules of fair value was dismissed with prejudice, eliminating a great cantilever.

The company can now focus completely to expand its Bitcoin Treasury of $ 68 billion, which represents more than 3% of the circulating offer. Analysts see this as a significant confidence reinforcement for the company and the market as a whole, since it eliminates a layer of legal uncertainty that has been weighing about the feeling this year.

Bitcoin price prediction: technical perspective

Technically, Bitcoin is still on a descending channel since mid -August, with a support of $ 108,400 and resistance to $ 111,000. The RSI is around 30, brushing over -sales territory, while the MACD histogram remains negative, confirming that bears still have the advantage.

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A rupture above $ 111,000 could turn the impulse, paving the road to $ 113,650 and $ 116,850, with the following objective at $ 120,250. On the other hand, do not maintain $ 107,800 risks deeper losses, potentially reaching $ 105,150 and $ 101,500 on the floor of the channel.

For merchants, the work is simple: Alcista above $ 111,000, bassist below $ 107,800. The long -term institutional demand and corporate treasure bonds will maintain Bitcoin as digital gold, so $ 130,000 are in sight once this consolidation ends.

Bitcoin Hyper presale ($ Hyper) combines Bitcoin’s security with solar speed

Bitcoin Hyper ($ Hyper) is being positioned as the first native Bitcoin layer fed by the Solana virtual machine (SVM). Its objective is to expand the Bitcoin ecosystem allowing low -cost intelligent contracts, decentralized applications and even the creation of memes currencies.

By combining Bitcoin’s unmatched security with the Solana high performance framework, the project opens the door to completely new cases, including the BTC bridge without seams and the development of scalable DAPP.

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The team has put a strong emphasis on trust and scalability, with the project audited by consultation to provide confidence to investors in their foundations.

The impulse is being built quickly. The presale has already crossed $ 12.7 million, leaving only a limited allocation still available. In today’s stage, hyper tokens have a price of only $ 0.012825, but that figure will increase as the presale progresses.

You can buy Hyper Tokens on the official Bitcoin Hyper website using Crypto or a bank card.

Click here to participate in the presale

The prediction of the price after Bitcoin: Eric Trump is aimed at $ 1 million as the amdax eyes 1% supply appeared first in Cryptonews.



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