Bitcoin prices today: Coinbase CEO says the bottom is now...

Bitcoin price trend today: Is the bottom already there, or is another round of decline coming?

Anyone who follows Bitcoin's price today is asking the same question: Has the bottom been established, or is there another decline coming? In late August, Bitcoin surged 40% from a low of $58,000 in two weeks, according to CoinMarketCap data. Subsequently, Coinbase CEO Brian Armstrong told CNBC on September 10 that the bottom had been established, a view reported by Bitcoin Magazine.

At the same time, a pre-sale project called Pepeto is frequently mentioned on the X and Telegram platforms. This is a Meme Coin that has three real-time tools and has raised $10.9 million. That leaves the question: If a bottom is established, where will the greater profits be generated?

Why did Coinbase CEO just conclude that Bitcoin hit bottom?

Because the price of Bitcoin no longer creates lower lows. According to CoinMarketCap data, its price was $77,736 today, up 0.84% in 24 hours, and its previous move was the most eye-catching this year. Bitcoin broke the $70,000 mark in late August and cleared $4.5 billion of leveraged short positions as it climbed towards $81,000. This brought 69% of Bitcoin holdings back to profitability.

Armstrong said on September 10 that downturns typically last for about a year, and this cycle has just ended, so reaching $400,000 by 2030 is a reasonable forecast, according to Bitcoin Magazine. Moreover, when Bitcoin prices turn, the most volatile currency is often never Bitcoin itself.

Once Bitcoin hits bottom, where will the money flow?

Why does Pepeto's bridge feature excite traders so much after bottom confirmation?

Although the "bottom" argument attracts everyone's attention to the big chart, most memecoins are still just jokes with code symbols. Pepeto are those memecoins that build physically usable infrastructure for traders. Most pre-sale projects are sold with just a promise, and Pepeto's exchanges, bridges and security scanners are already online. This means you can move money, retain more of your earnings and avoid bad contracts.

Take bridges as an example. Other bridges charge $15 to $50 per transfer, take minutes to hours, and failed transfers can lead to permanent lock-up of funds. Pepeto's Bridge locks your tokens in audited smart contracts on one chain, and once the lock proof is verified, mints the corresponding token on another chain. The fee is US$0, only the Gas fee is charged, and the transfer can be completed in 60 seconds.

By transferring money across five chains, you can save US$15 to US$50 per transaction. The pledge yield during the waiting period is as high as 163% APY, and the reward will be unlocked at the time of listing. Security scanners block risk contracts by default.

The code has been audited by SolidProof, and the team has completed KYC certification through the same company. The co-founder built the original Pepe coin, and former Binance experts were also on the development team. More than US$10.9 million has been invested so far, and the price has increased with the stage. Today's price is $0.000001893, a level that will not last long. Analysts predict a 100-fold increase from here, and as Binance approaches its IPO, the phase price will continue to rise until the IPO is announced. The current phase will close when the timer ends or the target amount fills up, so an increase in the price of Bitcoin will allow the earliest holders of Pepeto gain the most benefits.

Bitcoin Price Prediction: Will Bitcoin explode this year?

Yes, and many well-known institutions have given specific figures. According to CoinMarketCap and Bitcoin Magazine, Bernstein expects to reach $150,000 by mid-2027, and Armstrong expects to reach $400,000 by 2030. Bitcoin is trading at $77,736 today, a pause period after a two-week 30% fluctuation, with a 24-hour trading range of $76,163 to $78,091.

The key point to pay attention to this week is the 50-week moving average, which is approximately US$79,700, according to FXStreet reported on September 11. Callbacks above the 200-day index moving average (EMA) of $72,866 are bought. If you break through $79,700, you will first hit the trend line near $83,250, then the resistance wall of $85,000, and finally $87,476, according to FXStreet's September 11 summary.

This month will usher in a Senate vote on the CLARITY bill on September 15 and a Federal Reserve resolution on September 16, reports BeInCrypto. After that, the historical record of $126,198 will be the goal, and each halving so far has brought returns of 8 to 100 times. Moreover, whenever Bitcoin works like this, memin performs stronger.

Conclusion

Bitcoin prices don't have to wait for permission: it rose 30% in two weeks, a US$4.5 billion short position disappeared, and Coinbase CEO confirmed a bottom. After its two most recent bottoms, new historical records have emerged in two years, with memin performing the strongest. Pepeto is the pre-sale project in this wave. At 100 times, today's $1,000 will become $100,000 after listing, and in 2021, SHIB will bring much higher returns to pre-listing buyers.

Pepeto's official website shows that the purchase is in progress. In a few hours, the current phase will be closer to the target; in a few weeks, the price for the next phase will be higher; and in a few months, the final price will be determined. A year later, this bottom confirmation is either the moment for you to take action or the news you read afterwards.

FAQs

What is the current Bitcoin price forecast?

higher. According to FXStreet analysis: As long as we hold on to US$72,866, the target will be US$85,000, then US$87,476. If the bottom is solid, the final target will be the historical record of US$126,198.

Is Pepeto pre-sales safe?

Pepeto has passed a SolidProof audit, the team has completed KYC certification, and its bridges, exchanges and scanners are all online.

What does Coinbase CEO's bottom-line judgment mean for memecoin?

This means that a new round of market prices is about to begin. When Bitcoin turned, memein benefited the most, and early buyers were using the official Pepeto website for layout.