Bitcoin

Green

Million

Rewards

Divergence

<p><span style="font-weight: 400;">The Bitcoin price dropped 1.89% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $64,751</span></a><span style="font-weight: 400;"> as of 00:08 a.m. EST on trading volume that surged 32% to $98 billion.</span></p>
<p><span style="font-weight: 400;">This comes after Bitcoin dropped to $59,000 shortly after hitting a new all-time high of $69,324, and is trying to recover from the drop. The correction is attributed to the sale of a huge amount of BTC that was mined back in 2010.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-486226" src="https://insidebitcoins.com/wp-content/uploads/2024/03/GH7XJn7aAAEOLlM.jpg" alt="BTC SELL OFF" width="862" height="640" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/GH7XJn7aAAEOLlM.jpg 862w, https://insidebitcoins.com/wp-content/uploads/2024/03/GH7XJn7aAAEOLlM-300x223.jpg 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/GH7XJn7aAAEOLlM-768x570.jpg 768w" sizes="(max-width: 862px) 100vw, 862px"></p>
<h2 id="span-style-font-weight-400-bitcoin-price-bulls-sustain-the-bullish-momentum-span"><span style="font-weight: 400;">Bitcoin Price Bulls Sustain the Bullish Momentum</span></h2>
<figure id="attachment_486221" aria-describedby="caption-attachment-486221" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-486221" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-06_08-08-44.png" alt="Bitcoin Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-06_08-08-44.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-06_08-08-44-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-06_08-08-44-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-06_08-08-44-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 <figcaption id="caption-attachment-486221" class="wp-caption-text">
  BTCUSD Chart Analysis Source: Tradingview.com
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</figure>
<p><span style="font-weight: 400;">The Bitcoin price continues to surge, even after touching the support zone at $59,000. The brief consolidation of around $50,000 allowed the bulls to drive the price up through a markup phase, past the $63,408 resistance, as it soared to $69,324.</span></p>
<p><span style="font-weight: 400;">Some selling pressure may have allowed for a retrace, but the bulls seem resilient as they try to reclaim the high.</span></p>
<p><span style="font-weight: 400;">BTC is trading above both the 50-day and 200-day Simple Moving Averages (SMAs), a confirmation of the bullish sentiments. The Relative Strength Index (RSI) is currently on a rebound, trading at 53 as it heads to the overbought region. Pushing the RSI into the overbought region could sustain the bullish outlook for BTC.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-486223" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCSO.png" alt="BTCSO" width="1264" height="256" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCSO.png 1264w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCSO-300x61.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCSO-1024x207.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCSO-768x156.png 768w" sizes="(max-width: 1264px) 100vw, 1264px"></p>
<p><span style="font-weight: 400;">Furthermore, the Moving Average Convergence Divergence (MACD) is in support of the recent correction, as the moving average line (blue) crosses slightly below the signal line (orange). The red bars on the histogram are also in support of this, as they form slightly below the zero line.</span></p>
<p><span style="font-weight: 400;">However, the MACD is still trending above the neutral line, which indicates a looming rebound to the upside.&nbsp; The Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), which is a confirmation of the bullish moving average crossover and a signal of bullish momentum.</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 Bitcoin price analysis shows a bullish bias, set to reclaim the $69,294 mark, as the bulls aim to breach the upper boundary of the bullish pennant to the psychological threshold set at $72,000.</span></p>
<p><span style="font-weight: 400;">Additionally, the RSI and the Stochastic Oscillator offer the bulls some ground as they aim to push the price. The 50-day SMA is also trading above the 200-day SMA, forming a golden cross at $42,875, further supporting the bullish prospect of the BTC price.</span></p>
<p><span style="font-weight: 400;">However, the MACD is trending downward towards the neutral line. If the indicator crosses down below the zero line, this may trigger a price retrace back to the support zone at $61,081, which offers a cushion against downward pressure.</span></p>
<p><span style="font-weight: 400;">As the Bitcoin price surges to reclaim its record high, investors are also considering Green Bitcoin as a worthy alternative.&nbsp;</span></p>
<h2 id="span-style-font-weight-400-green-bitcoin-presale-is-heating-up-best-alternative-to-bitcoin-to-buy-now-span"><span style="font-weight: 400;">Green Bitcoin Presale Is Heating Up – Best Alternative To Bitcoin To Buy Now</span></h2>
<p><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;"> has introduced the Gamified Green Staking concept into the crypto market and continues to create excitement. The buzz around the trend is evident in its presale, which has already garnered over $1.92 million in early funding as it hurtles towards the $1.97 million target.</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" rel="noopener noreferrer nofollow">https://t.co/dG5cEeCtRs</a><br>Telegram: <a href="https://t.co/bWanoe0vHv" rel="noopener noreferrer nofollow">https://t.co/bWanoe0vHv</a> <a href="https://t.co/eXuGQBkxio" rel="noopener noreferrer nofollow">pic.twitter.com/eXuGQBkxio</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1731315050349002862?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">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 is an eco-friendly alternative to Bitcoin, combining the reputation behind BTC with the environmental sustainability of the Ethereum blockchain. The project utilizes Ethereum’s Proof-of-Stake (PoS) consensus mechanism to significantly lower energy consumption as compared to Bitcoin’s Proof-of-Work (PoW) model.</span></p>
<h2 id="span-style-font-weight-400-buy-gbtc-now-stake-for-189-annual-rewards-span"><span style="font-weight: 400;">Buy $GBTC Now, Stake For 189% Annual Rewards</span></h2>
<p><span style="font-weight: 400;">You also can</span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;"> stake your $GBTC</span></a><span style="font-weight: 400;"> and earn an impressive 189% annual percentage yield. There are over 3 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" rel="noopener noreferrer nofollow">pic.twitter.com/6wiv99ER0O</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1761888078833299933?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 25, 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;">There’s also an opportunity to earn through the project’s </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Predict-to-Earn feature</span></a><span style="font-weight: 400;">, where you participate in daily BTC price prediction challenges. Rewards are distributed every 10 minutes and $GBTC acts as the stake and the reward token.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a prominent crypto YouTuber, says Green Bitcoin has the potential to surge 10X on 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;">To join, simply purchase $GBTC at the discounted price of $0.6122 before it increases in less than four days.</span></p>
<p><span style="font-weight: 400;">You can buy $GBTC from </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer 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>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/crypto-presales-worth-pros-cons-you-need-know-calsona-5aeye" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀💰 Are Crypto Presales Worth It? The Pros and Cons You Need to Know! 💸🤔</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/shiba-inu-price-prediction-2024-moon-crash-landing-calsona-caibe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🐕📈 SHIBA INU PRICE PREDICTION 2024: 🚀 TO THE MOON OR 📉 CRASH LANDING?</span></a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/bitcoin-wallets" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">10 Best Bitcoin Wallets for Beginners – Store Crypto Safely</span></a></li>
</ul>
<p><span style="font-weight: 400;"> </span></p>
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Bitcoin Price Prediction: BTC Aims For Recovery From $10k Drop After Hitting New ATH As The Green Bitcoin ICO Races Towards $2 Million

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