Cryptocurrency

Bitcoin Price Today: BTC Slips to $81K Before CPI as Analysts Eye 100x for the Pepeto Presale

Press ReleaseThis is a press release. It was supplied by a third party and was not written by the TechBullion editorial team.

Written by
Read time
3 min
Published
Filed under
Add to Preferred Sources
BTC OCT (42)

Watching the bitcoin price this week feels like riding an elevator with a broken button. Then on Monday, October 12, BTC fell 2.8% to $81,382, The Block reported. That drop forced $771 million in bets shut.

But buyers held the $82,500 line on the weekly close, Cointelegraph noted, with US inflation data due Wednesday. In past cycles, drops like this shook out nervous sellers before the next climb. While traders rethink where their money goes, a growing share is heading into Pepeto. It is a presale for a zero fee crypto exchange, and buyers have put in over $11.1 million.

Why did the bitcoin price fall under $82,000?

BTC fell under $82,000 on Monday, per The Block. A stronger dollar and fear before Wednesday’s inflation report pushed traders to sell. Of the $771 million in forced selling, $685.6 million hit traders who had bet on a rise.

BTC has since bounced to $82,658, down 1.4% in 24 hours, according to CoinMarketCap. Options traders still keep $90,000 and higher on the table, Cointelegraph reported. That tells you big money expects a rebound. Some of it wants a coin that can run much harder than BTC.

Bitcoin price outlook: the presale and the king coin traders are watching this week

Pepeto: a presale moving on its own clock while bitcoin waits for CPI

While bitcoin spent Monday knocking traders off balance, Pepeto did not slow down. This coin is not tied to every swing in BTC. It moves on its own engine, a product people can use today.

Even as a presale, Pepeto already runs PepetoSwap, a live exchange built for days like Monday, when every trade counts. On Uniswap, a $1,000 trade costs $3 in fees and a $100,000 trade costs $300.

On PepetoSwap the swap fee is 0.00%, so both trades cost $0 beyond network gas. Market, limit, and DCA orders come built in. A private relay also stops bots from jumping ahead of your order. Put together, a trader can buy a dip without paying a toll on every click.

PepetoSwap has been tested on $50 million in daily trading, and Pepeto now lines up its listing. A Binance listing is approaching, and more exchanges are set to follow.

Once trading opens, the presale price is gone for good. Today one token costs $0.00000019, and more than $11.1 million has come in. The price also climbs at every new stage. Each stage that sells out raises the cost for the next buyer.

Early buyers can stake right away at 160% APY, with rewards they claim at listing. For anyone chasing a bigger payday than bitcoin, Pepeto is the presale with a working exchange and a price that only steps up.

Bitcoin price prediction: where can BTC go after CPI?

The bitcoin price could head to $94,000 if it breaks above $87,000, QCP Capital said, per Cointelegraph. Today, the key line is $82,500, the weekly support Rekt Capital wants held. The first wall above sits at $83,400. This week, it all hangs on Wednesday’s CPI report, where markets expect 3.7% inflation, per Cointelegraph.

KCM Trade’s Tim Waterer says a cooler number would be the clearest push higher.If support breaks, the old $60,000 to $80,000 range comes back into view, which is why buyers guard $82,500 so hard.

This month, a clean break of $87,000 opens the road to $94,000, about 14% above today’s $82,658. That is good money on a coin worth $1.66 trillion. But a 100x from that size is not on the table. That math is why the biggest wins this cycle will come from coins that are still small.

Conclusion

Monday told the story: BTC slid to $81,382 as $771 million in bets were wiped out. Few traders will call a big rally in the bitcoin price before Wednesday. Meanwhile, analysts project a 100x run for Pepeto once it lists, which would turn $500 at today’s price into $50,000.

That makes Pepeto one of the boldest bets of this cycle. Every person who got rich early in crypto made one choice: they bought the day they found it, not the day after.

Today’s stage price ends the moment this stage sells out. The smart move is to buy on the Pepeto official website today, while a 100x still starts from the bottom.

Click To Visit Pepeto Website To Enter The Presale

FAQs

How is the bitcoin price performing today?

BTC trades near $82,658 after a drop to $81,382 on Monday. Buyers are holding the $82,500 support, while Pepeto’s presale keeps stepping up stage by stage.

Will Pepeto reach 100x soon?

Pepeto is the coin analysts tie to a 100x run, turning $500 into $50,000. Each stage sells higher, so today’s Pepeto official website price is the lowest left.

For information purposes only. Crypto carries risk. Not financial advice!
Share this

More executive interviews

Founders, CEOs and technology leaders talk about what they build, how they fund it, and where AI, finance and data are taking their industries next.

All interviews

Pin It on Pinterest

Share This