Bitcoin

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<p><span style="font-weight: 400;">The Bitcoin price has dropped 2.6% in the last 24 hours </span><a style="background-color: var(--bs-body-bg); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight); text-align: var(--bs-body-text-align);" href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow">to trade at $68,929</a><span style="font-weight: 400;"> as of 7:15 p.m. EST on a 31% surge in trading volume to $78.3 billion.</span></p>
<p><span style="font-weight: 400;">This fall in the Bitcoin price comes as MicroStrategy, co-founded by Bitcoin permabull Michael Saylor, increased the size of an offering of senior convertible notes to $525 million, from $500 million, to buy yet more Bitcoin. It already owns 205,000 Bitcoins worth almost $14 billion.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-set-to-sustain-a-bullish-stance-span"><span style="font-weight: 400;">Bitcoin Price Set To Sustain A Bullish Stance</span></h2>
<p><img decoding="async" class="alignnone wp-image-489619 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-16_02-15-21.png" alt="Bitcoin Price" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-16_02-15-21.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-16_02-15-21-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-16_02-15-21-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-16_02-15-21-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px"></p>
<p><span style="font-weight: 400;">BTCUSD Analysis by Tradingview</span></p>
<p><span style="font-weight: 400;">The price of Bitcoin had been steadily increasing, breaking through the $69,000 resistance level and reaching a new all-time high (ATH) of $73,737 this week. The formation of the cup and handle pattern further provides an upside potential that could enable the bulls to increase prices.</span></p>
<p><span style="font-weight: 400;">However, with the indications of red candles, BTC might be experiencing some declining effect, allowing the bears to push down the price in a corrective stage.</span></p>
<p><span style="font-weight: 400;">Analyzing the technical indicators, the 50-day and 200-day Simple Moving Averages (SMAs), support the Bitcoin price. Moreover, the 50-day SMA crosses the 200-day SMA, affirms tse bullish momentum.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) trades at 64 as it rebounds towards the overbought region. If the bulls sustain the bullish stance, the RSI could easily cross the 70-overbought region, indicating increased buying pressure.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-might-soar-past-80-000-span"><span style="font-weight: 400;">Bitcoin Price Might Soar Past $80,000</span></h2>
<p><span style="font-weight: 400;">The formation of the cup and handle pattern further provides an upside potential that could enable the bulls to increase prices.</span></p>
<p><span style="font-weight: 400;">However, if the current correction is sustained, it could send the price back to $60,000.</span></p>
<p>For investors worried about such a correction, there is another great way to play the Bitcoin bull run. It’s called Green Bitcoin and it’s presale is accelerating rapidly.</p>
<h2 id="span-style-font-weight-400-green-bitcoin-presale-hurtles-towards-5-3-million-target-span"><span style="font-weight: 400;">Green Bitcoin Presale Hurtles Towards $5.3 Million Target</span></h2>
<p><span style="font-weight: 400;">The </span><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;"> presale has amassed over $5.1 million in early funding as it hurtles toward its target of $5.375 million.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">An unbelievable achievement for the future of crypto, and our incredible community!</p>
 <p>Let's hear it for GREEN! <a href="https://t.co/mk0kGrXrVn" rel="noopener noreferrer nofollow">pic.twitter.com/mk0kGrXrVn</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1767971161508556980?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 13, 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;">Green Bitcoin is an eco-friendly alternative to Bitcoin that combines the legacy of Bitcoin with the more environmentally friendly Ethereum blockchain. The project offers users an opportunity to predict the price of Bitcoin and earn rewards through the Gamified Green Staking model.</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;">Stakers who make successful predictions earn rewards based on the accuracy of the forecast and how much they stake.</span></p>
<h2 id="span-style-font-weight-400-buy-and-stake-gbtc-107-annual-rewards-span"><span style="font-weight: 400;">Buy And Stake $GBTC, 107% Annual Rewards</span></h2>
<p><span style="font-weight: 400;">You can also earn passively through the platform’s staking option, which offers </span><span style="font-weight: 400;">a 107% annual percentage yield (APY).</span></p>
<p><span style="font-weight: 400;">According to Matthew Perry, a prominent crypto YouTuber, Green Bitcoin has the potential to explode on launch.</span></p>
<p><iframe title="🚨BRAND NEW PRESALE! Green #Bitcoin Is Turning Heads || Check It Out!!!" width="640" height="360" src="https://www.youtube.com/embed/9YlqD8bK0Mc?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">$GBTC tokens are priced at $0.9922 each and, with a price increase coming in about four days, now is the best time to buy.</span></p>
<p><span style="font-weight: 400;">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 and participate in the presale. 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>
<ul>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/dogecoin-price-prediction-as-doge-plummets-11-enter-new-ico-dogecoin20-with-250k-raise-in-a-day" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Dogecoin Price Prediction: As DOGE Plummets 11%, Enter New ICO Dogecoin20 With $250K Raise In A Day</span></a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/news/early-dogwifhat-investor-misses-out-on-28-8-million-fortune-as-wif-hits-a-new-ath" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Early Dogwifhat Investor Misses Out On $28.8 Million Fortune As WIF Hits A New ATH</span></a></li>
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Bitcoin Price Prediction: As MicroStrategy Upsizes Debt Offering To Buy More BTC, This Green Bitcoin Alternative Blasts Past $5M

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