2024

Bitcoin

Green

Rewards

<p><span style="font-weight: 400;">The Bitcoin price dropped 5% 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 $61,136</span></a><span style="font-weight: 400;"> as of 00:18 a.m. EST on trading volume that surged 31% to $73 billion.</span></p>
<p><span style="font-weight: 400;">This comes as MicroStrategy bought another 9,245 BTC on March 19, using $592.3 million from a recent convertible debt offering and $30.7 million in excess funds. With this purchase, the company’s total Bitcoin holdings reached approximately 214,246 BTC, surpassing 1% of the total 21 million Bitcoin supply.&nbsp;</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">MicroStrategy now hodls 214,246 BTC with approximately 16,970,000 shares outstanding.</p>
 <p>• BTC/Share = 0.01262499 sats</p>
 <p>• Price of 0.0126 <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a> ~ $791</p>
 <p>• Price of 1.0 <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MSTR</a> ~ $1,339</p>
 <p>🚨 THERE IS NO SECOND BEST ‼️</p>
 <p>— The ₿itcoin Therapist (@TheBTCTherapist) <a href="https://twitter.com/TheBTCTherapist/status/1770284616739336512?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 20, 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;"> Could substantial institutional purchases like MicroStrategy’s reverse BTC’s downtrend?</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-bulls-set-for-a-rally-above-the-bullish-pennant-span"><span style="font-weight: 400;">Bitcoin Price Bulls Set For A Rally Above The Bullish Pennant</span></h2>
<figure id="attachment_491367" aria-describedby="caption-attachment-491367" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-491367" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-20_08-18-10.png" alt="Bitcoin Price Chart Analysis Source: TradingView.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-20_08-18-10.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-20_08-18-10-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-20_08-18-10-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-20_08-18-10-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
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  BTCUSD Chart Analysis Source: TradingView.com
 </figcaption>
</figure>
<p><span style="font-weight: 400;">The Bitcoin price surged past its previous all-time high of $69,000, reaching a new high of $73,737. The price has since fluctuated within this range, forming a bullish pennant pattern, indicating the possibility of further price increases.</span></p>
<p><span style="font-weight: 400;">However, the bears seem to have won the struggle, driving it down through a corrective stage within the channel, touching the lower boundary of the bullish pennant.</span></p>
<p><span style="font-weight: 400;">The price trades below both the 50-day and 200-day Simple Moving Averages (SMAs), coinciding with the current price correction. However, the 50-day SMA crosses above the 200-day SMA at $43,248, which confirms the general bullish momentum.</span></p>
<p><span style="font-weight: 400;">Additionally, the Relative Strength Index (RSI) trades at 28, as it retraces deeper into the oversold region. This is an indication of intense selling pressure by the bulls.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-prediction-btc-bulls-eye-a-potential-reversal-to-80-000-span"><span style="font-weight: 400;">Bitcoin Price Prediction – BTC Bulls Eye A Potential Reversal To $80,000</span></h2>
<p><span style="font-weight: 400;">The Bitcoin price analysis shows that BTC is currently on a downtrend, but with signs of a trend reversal to the upside, as supported by the formation of the bullish pennant and the golden cross. If this happens, the bulls could be targeting a new ATH at $80,000.</span></p>
<p><span style="font-weight: 400;">However, if the bears sustain the current downtrend, the price may slip back to the critical support zone at $59,533. If this level is breached, it may signal the start of a bearish trend, as many analysts have indicated that BTC is expected to retrace in the period&nbsp; before the Bitcoin halving event.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Let’s put things into context. This was the market in 2020 before and after the Bitcoin halving event on May 11th 2020.</p>
 <p>BTC is following the same trend before the halving event with a heavy retrace. BTC went from $3700 to $61400 in 12 months. The incline will be slow and steady… <a href="https://t.co/6dOtLn2kvf" rel="noopener noreferrer nofollow">pic.twitter.com/6dOtLn2kvf</a></p>
 <p>— CarloDC.GRV (@CarloDCGT) <a href="https://twitter.com/CarloDCGT/status/1770238681229803718?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 19, 2024</a></p>
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<p><span style="font-weight: 400;">Meanwhile, you may want to play the Bitcoin halving event by buying a hot new presale project called Green Bitcoin. Its predict-to-earn feature and its annual percentage yield (APY) of 89% are things many investors are eyeing.</span></p>
<h2 id="span-style-font-weight-400-green-bitcoin-presale-closes-in-on-7-4-million-target-span"><span style="font-weight: 400;">Green Bitcoin Presale Closes In On $7.4 Million Target</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;"> is an eco-friendly alternative to Bitcoin that introduces Gamified Green Staking, allowing users to earn exponential rewards and token bonuses. Focusing on environmental sustainability, the project merges Bitcoin’s legacy with the more eco-conscious characteristics of the Ethereum blockchain.</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>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Using the Gamified Green Staking initiative, Green Bitcoin allows users to earn rewards through the unique Predict-to-Earn feature. You predict Bitcoin’s daily price movements and earn rewards based on accuracy and how much you stake.</span></p>
<p><span style="font-weight: 400;">Such an interesting approach has continued to attract attention from the community, with the presale already garnering over $6.7 million as it hurtles toward its target of $7.4 million.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">To celebrate $6M we’re launching our GBTC GIVEAWAYS!</p>
 <p>To enter, simply: Like + RT + Tag a friend!</p>
 <p>The first prize is a $200 GBTC Airdrop. THERE WILL BE MANY MORE! Winner will be announced in replies in 24hrs. <a href="https://t.co/k0sxIFOMnQ" rel="noopener noreferrer nofollow">pic.twitter.com/k0sxIFOMnQ</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1769775587714039959?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 18, 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-stake-gbtc-89-annual-rewards-span"><span style="font-weight: 400;">Stake $GBTC, 89% Annual Rewards</span></h2>
<p><span style="font-weight: 400;">You can also earn passively through the platform’s staking option, where you </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">stake $GBTC</span></a><span style="font-weight: 400;"> for an 89% annual percentage yield (APY). Holders on the platform have already staked 6.4 million $GBTC tokens.</span></p>
<p><span style="font-weight: 400;">Popular YouTuber and crypto analyst Matthew Perry says that he is a fan of the predict-to-earn model and that the token’s potential “looks absolutely amazing.”</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;">To participate early in the project, you can invest just $1.1062 before the price increases in slightly more than four days.</span></p>
<p><span style="font-weight: 400;">You can purchase $GBTC tokens on </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;">, where you can exchange ETH or USDT for $GBTC, or buy them directly with your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News&nbsp;</span></h2>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/next-crypto-explode-unveiling-potential-market-shaker-calsona-hmwze" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 🚀💥</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/best-altcoins-invest-unveiling-top-picks-maximum-returns-calsona-9ceye" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</span></a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">How to Buy Bitcoin Online Safely</span></a></li>
</ul>
<p><span style="font-weight: 400;"> </span></p>
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Bitcoin Price Prediction: As MicroStrategy Buys More Bitcoins, Traders Snap Up This BTC ICO With An 89% APY

Table of Contents

Inside Bitcoins

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