Bitcoin ETF

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<p><span style="font-weight: 400;">The Bitcoin price rose 9% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/bitcoin/"><span style="font-weight: 400;">to trade at $56,702</span></a><span style="font-weight: 400;"> as of 05:19 a.m. EST on trading volume that surged 207% to $50 billion.</span></p> 
<p><span style="font-weight: 400;">BTC has finally surpassed the $55,000 threshold, a milestone coinciding with BlackRock’s spot BTC ETF witnessing a daily inflow of $1.3 billion. That surpassed its previous record of just over $1 billion, and brought the fund’s total assets under management (AUM) to $6.6 billion.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">‘New nine’ spot Bitcoin ETF volumes reach new daily high as BTC nears $55K<br>BlackRock’s IBIT made up more than 50% of the daily trading volume and even smashed its own daily record by more than 30%.</p> 
 <p>— Mr Legend Crypto (@mrlegendcrypto) <a href="https://twitter.com/mrlegendcrypto/status/1762438234858987977?ref_src=twsrc%5Etfw">February 27, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Additionally, another factor causing the gain in Bitcoin’s price may be the anticipation of the halving event that comes in about 54 days. The event will decrease the BTC supply, and likely drive the price even higher.</span></p> 
<h2 id="span-style-font-weight-400-bitcoin-price-bullish-aims-to-break-above-the-rising-channel-pattern-span"><span style="font-weight: 400;">Bitcoin Price Bullish, Aims To Break Above The Rising Channel Pattern</span></h2> 
<p><img decoding="async" class="alignnone size-full wp-image-484221" src="https://insidebitcoins.com/wp-content/uploads/2024/02/IMG_8816.png" alt="Bitcoin Price Chart" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/IMG_8816.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/02/IMG_8816-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/IMG_8816-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/IMG_8816-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px"></p> 
<p><span style="font-weight: 400;">The Bitcoin price has continued registering exponential gains from October 2023, which has seen the bulls drive the price up within the rising channel pattern.</span></p> 
<p><span style="font-weight: 400;">The bulls have shown resilience, breaking above the set psychological barrier at $55,000, as they aim to breach the upper boundary of the channel.</span></p> 
<p><span style="font-weight: 400;">BTC is currently trading above both the 50-day and 200-day Simple Moving Average (SMA), a confirmation of a sustained bullish momentum. Moreover, the 50-day SMA is trading above the 200-day SMA, forming a golden cross at $28,201, affirming the bullish sentiments.</span></p> 
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is trading upwards from the 50-midline level to the overbought region at 80. This is an indication of intense buying pressure, which may be a result of increased buyer optimism.</span></p> 
<p><img decoding="async" class="alignnone size-full wp-image-484133" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_18.png" alt="btcmacd" width="1264" height="253" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_18.png 1264w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_18-300x60.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_18-1024x205.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Screenshot_18-768x154.png 768w" sizes="(max-width: 1264px) 100vw, 1264px"></p> 
<p><span style="font-weight: 400;">Furthermore, the Moving Average Convergence Divergence (MACD) supports the bullish momentum, as the moving average line (blue) crosses above the signal line (orange). This bullish crossover is often an encouragement for investors to increase their buy positions.</span></p> 
<p><span style="font-weight: 400;">The green bars on the histogram have started forming above the zero line, indicating a start of a positive momentum. Additionally, the Average Directional Index (ADX) is moving north at 36, which indicates that the current bullish trend is very strong.</span></p> 
<h2 id="span-style-font-weight-400-bitcoin-price-prediction-span"><span style="font-weight: 400;">Bitcoin Price Prediction</span></h2> 
<p><span style="font-weight: 400;">The current Bitcoin price analysis shows a sustained bullish momentum, as the bulls aim to breach the upper boundary of the rising channel. A breakout will see the bulls pushing the price higher, targeting $80,000.</span></p> 
<p><span style="font-weight: 400;">However, if the bears take control of the price, they may drive the price through a retrace, back to $45,945, coinciding with the lower boundary of the channel.&nbsp;</span></p> 
<p><span style="font-weight: 400;">As the Bitcoin price soars, investors looking to diversify their investments are looking into Green Bitcoin, with its ICO hurtling towards $1.2 million.&nbsp;</span></p> 
<h2 id="span-style-font-weight-400-green-bitcoin-secures-1-1-million-in-funding-more-eco-friendly-alternative-to-bitcoin-span"><span style="font-weight: 400;">Green Bitcoin Secures $1.1 Million In Funding – More Eco-Friendly Alternative To Bitcoin</span></h2> 
<p><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="nofollow"><span style="font-weight: 400;">Green Bitcoin ($GBTC)</span></a><span style="font-weight: 400;"> is a project that combines the legacy of Bitcoin with the eco-friendly attributes of Ethereum.&nbsp; And it </span><span style="font-weight: 400;">is built upon a sustainable foundation that stands in stark contrast to Bitcoin. </span></p> 
<p><span style="font-weight: 400;">The project introduces a sustainable staking model, the Gamified Green Staking, where users can easily earn passively through staking rewards.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Introducing Green Bitcoin: A Revolutionary Predict-To-Earn Token.</p> 
 <p>Join us on our Gamified Green Staking Platform, where your predictions can turn into profits!</p> 
 <p>Website: <a href="https://t.co/dG5cEeCtRs">https://t.co/dG5cEeCtRs</a><br>Telegram: <a href="https://t.co/bWanoe0vHv">https://t.co/bWanoe0vHv</a> <a href="https://t.co/eXuGQBkxio">pic.twitter.com/eXuGQBkxio</a></p> 
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1731315050349002862?ref_src=twsrc%5Etfw">December 3, 2023</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400;">Green Bitcoin allows you to take part in daily and weekly BTC price prediction challenges, where you can earn $GBTC token rewards.</span></p> 
<p><span style="font-weight: 400;">To participate in this gamified approach, you can buy $GBTC tokens at a discounted price of $0.492, before the price increases in less than seven hours.</span></p> 
<h2 id="span-style-font-weight-400-stake-gbtc-261-annual-rewards-span"><span style="font-weight: 400;">Stake $GBTC, 261% Annual Rewards</span></h2> 
<p><span style="font-weight: 400;">Additionally, you can earn passively by </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="nofollow"><span style="font-weight: 400;">staking your acquired $GBTC tokens</span></a><span style="font-weight: 400;">, earning an impressive 261% annual percentage yield (APY). Currently, there are over 2.2 million $GBTC tokens that have already been staked.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Did you know you can earn HUGE, simply by staking your Green Bitcoin?</p> 
 <p>If you haven't yet, go to our website and check out the Staking feature! <a href="https://t.co/6wiv99ER0O">pic.twitter.com/6wiv99ER0O</a></p> 
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1761888078833299933?ref_src=twsrc%5Etfw">February 25, 2024</a></p>
</blockquote> 
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<p><span style="font-weight: 400;">The project’s </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="nofollow"><span style="font-weight: 400;">Predict-to-Earn feature</span></a><span style="font-weight: 400;"> further opens another earning opportunity that only needs participation in daily BTC price prediction challenges. Rewards are distributed every 10 minutes, with $GBTC acting as the stake as well as the reward.</span></p> 
<p><span style="font-weight: 400;">According to Jacob Bury, a crypto analyst and YouTuber, Green Bitcoin is among the top five crypto presales to buy before the Bitcoin halving.</span></p> 
<p><iframe title="Top 5 Crypto Presales to Buy Before 2024 BITCOIN Halving (ALTCOINS Ready to PUMP?!)" width="640" height="360" src="https://www.youtube.com/embed/U4z7c69Gi1I?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p> 
<p><span style="font-weight: 400;">To participate in the presale, you can buy $GBTC from </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="nofollow"><span style="font-weight: 400;">the official Green Bitcoin website</span></a><span style="font-weight: 400;">, and exchange ETH or USDT for $GBTC tokens. You can also buy directly using your bank card.</span></p> 
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2> 
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 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/dogecoin-price-prediction-doge-reach-1-2024-juliana-clarisse-calsona-yqwse"><span style="font-weight: 400;">🚀 Dogecoin Price Prediction: Will DOGE Reach $1 in 2024? 🐶💰</span></a></li> 
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe/"><span style="font-weight: 400;">🚀🤖 Best AI Crypto Coin Projects: Top Picks for 2023 🤑💰</span></a></li> 
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Bitcoin Price Prediction: BTC Soars 9% To Highest In 27 Months As BlackRock’s Bitcoin ETF Hits Record $1.3 Billion Inflow – Time To Buy BTC?

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