Bitcoin

Biconomy

Green

Million

Rewards

<p><span style="font-weight: 400;">The Bitcoin price has surged 2.6% in the last 24 hours and 23% in the past week </span><a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $63,612</span></a><span style="font-weight: 400;"> as of 12:05 a.m. EST on trading volume that soared 63% to $35 billion.</span></p>
<p><span style="font-weight: 400;">One of the big catalysts for the BTC price surge in the past week was MicroStrategy’s purchase of another 3,000 Bitcoins, increasing its total holdings to approximately 193,000 bitcoins valued at almost $12.3 billion. Spot Bitcoin ETF inflows also continue to put upward pressure on the BTC price as supply struggles to meet demand.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-looks-set-to-reclaim-all-time-high-of-69-000-span"><span style="font-weight: 400;">Bitcoin Price Looks Set to Reclaim All-Time High of $69,000</span></h2>
<p><img decoding="async" class="alignnone wp-image-485551 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSDT_2024-03-04_08-12-15.png" alt="The Bitcoin Price" width="1433" height="612" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSDT_2024-03-04_08-12-15.png 1433w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSDT_2024-03-04_08-12-15-300x128.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSDT_2024-03-04_08-12-15-1024x437.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSDT_2024-03-04_08-12-15-768x328.png 768w" sizes="(max-width: 1433px) 100vw, 1433px"></p>
<p><span style="font-weight: 400;">BTC/USDT&nbsp; Analysis by Tradingview.com</span></p>
<p><span style="font-weight: 400;">The Bitcoin price indicates a bull rally breaking above the cup and handle pattern, which signals a continuation of the bullish trend.&nbsp;</span></p>
<p><span style="font-weight: 400;">The BTC price support at the $16800 level, aligning with the cup’s base, led to a swift rebound, resulting in an upward push in price, reaching the neckline of the cup. After a brief correction by the bears, the bulls displayed their strength, pushing the price back up, surpassing the $52,000 level into a bull rally.</span></p>
<p><span style="font-weight: 400;">The technical indicators are bullish bias supporting the bull rally as the bulls push the price above the 50-day and 200-day simple moving averages (SMAs). The golden cross at $28,700 has also amplified the bullish momentum.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) indicates a rebound on the 70 overbought level region, indicating intense buying pressure, pushing the RSI further into the overbought zone, sustaining the bullish outlook for the Bitcoin price.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-bulls-target-new-ath-at-86-000-span"><span style="font-weight: 400;">Bitcoin Price Bulls Target New ATH At $86,000</span></h2>
<p><span style="font-weight: 400;">With the cup and handle pattern confirming the bullish sentiment for the Bitcoin price, bulls aim for a new all-time high (ATH) at $86,000, a 32% increase from its current price.</span></p>
<p><span style="font-weight: 400;">However, the RSI trading in the overbought level could trigger a downtrend, forcing the bulls to retreat to the $60,000 support zone.</span></p>
<p><span style="font-weight: 400;">As the bullish momentum for BTC continues, investors may want to diversify their portfolios into a new BTC-inspired token called Green Bitcoin (GBTC), which offers unique Gamified green staking and Predict-to-Earn features that offer substantial earnings potential.</span></p>
<h2 id="span-style-font-weight-400-green-bitcoin-gbtc-raises-1-6-million-nears-1-7-million-funding-goal-span"><span style="font-weight: 400;">Green Bitcoin (GBTC) Raises $1.6 Million, Nears $1.7 Million Funding Goal</span></h2>
<p>The&nbsp;<a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Green Bitcoin (GBTC)</span></a><span style="font-weight: 400;"> token continues to gain momentum, raising over $1.6 million in funding and closing in on its $1.7 million goal.</span></p>
<p><span style="font-weight: 400;">The GBTC project allows users to earn money by predicting Bitcoin prices through its unique Predict-to-Earn feature. Successful predictions can earn incentives based on the accuracy of the forecast and the amount staked. This gamified approach resets daily, ensuring continuous engagement and participation.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Green Bitcoin is now NUMBER 1 on the list of BEST CRYPTO PRESALES!<a href="https://t.co/Ng4Su8wA0W" rel="noopener noreferrer nofollow">https://t.co/Ng4Su8wA0W</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1762461215094387155?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 27, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-more-rewards-through-staking-span"><span style="font-weight: 400;">More Rewards Through Staking</span></h2>
<p><span style="font-weight: 400;">GBTC also employs the so-called Gamified Green Staking model, where token holders can stake their tokens and earn rewards.</span></p>
<p><span style="font-weight: 400;">The project aims to incentivize long-term holding by allowing you to stake your tokens and earn passive income with an impressive 207% annual percentage yield (APY). Currently, 67% of the total 2.7 million GBTC tokens are already staked.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">The experts weigh in on GBTC!</p>
 <p>Bitcoin Price to Hit $200,000 by 2025: Standard Chartered – Can Green Bitcoin Outperform BTC?<a href="https://t.co/w2mT4kp0fo" rel="noopener noreferrer nofollow">https://t.co/w2mT4kp0fo</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1759621003871969600?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 19, 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;">Popular YouTuber and crypto analyst Jacob Bury says the GBTC’s “Predict-to-Earn” concept is a winner and could potentially help it surge 10X upon launch.</span></p>
<p><iframe title="GreenBTC New 10x Potential Low Market Cap Gem?! (BTC Alternative)" width="640" height="360" src="https://www.youtube.com/embed/VWvjq40oJNo?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;">Investors have less than four days to buy the GBTC token at the current discounted price of $0.5742 per token before it increases in the next stage.</span></p>
<p><span style="font-weight: 400;">You can visit </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official GBTC website</span></a><span style="font-weight: 400;"> to swap your ETH or USDT for GBTC tokens on your compatible digital wallet. You can also buy with your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles</span></h2>
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Bitcoin Price Prediction: BTC Soars 23% In A Week As The Green Bitcoin Presale Races Past $1.6 Million

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