Bitcoin

Online

Green

Million

Passive Income

<div class="insidebitcoins">
 The Bitcoin price rose 6% in the last 24 hours to trade at $67,361 as of 03:41 a.m. EST on trading volume that dropped 12% to $57 billion.
 This comes as spot BTC ETFs (exchange-traded funds) record their third straight day of net outflows, with March 20 recording the second-largest outflow of $261.5 million. March 18 and 19 recorded outflows of $154.3 million and $326.2 million, respectively.
 <img decoding="async" class="alignnone wp-image-492234 size-full" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%20620%20651'%3E%3C/svg%3E" alt="btc etf flow table" width="620" height="651" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp 620w, https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp 286w" data-lazy-sizes="(max-width: 620px) 100vw, 620px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp">
 <noscript><img decoding="async" class="alignnone wp-image-492234 size-full" src="https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp" alt="btc etf flow table" width="620" height="651" srcset="https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp 620w, https://cdn.thebittimes.com/images/2024/03/21/552adc07f2d7aa250b6f2737fa9bc0ec.webp 286w" sizes="(max-width: 620px) 100vw, 620px">
 </noscript>
 <h2 id="span-style-font-weight-400-bitcoin-price-bulls-aim-to-sustain-the-bullish-momentum-past-70-000-span">Bitcoin Price Bulls Aim To Sustain The Bullish Momentum Past $70,000</h2>
 <figure id="attachment_492232" aria-describedby="caption-attachment-492232" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-492232" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201281%20555'%3E%3C/svg%3E" alt="Bitcoin Price Chart Analysis Source: Tradingview.com" width="1281" height="555" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 1281w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 300w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 1024w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 768w" data-lazy-sizes="(max-width: 1281px) 100vw, 1281px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp">
 <noscript><img decoding="async" class="size-full wp-image-492232" src="https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp" alt="Bitcoin Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 1281w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 300w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 1024w, https://cdn.thebittimes.com/images/2024/03/21/5c4d8cd72bf59e00d05d70133e95534e.webp 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 </noscript>
 <figcaption id="caption-attachment-492232" class="wp-caption-text">
 BTCUSD Chart Analysis Source: Tradingview.com
 </figcaption>
 </figure>
 The Bitcoin Price has been rising steadily since March, which saw it soar to a new all-time high (ATH) of $73,737, acting as the highest resistance level. This rejection allowed the bears to take control of the price, allowing for a retrace within the falling wedge pattern.
 BTC bulls have found support at the $60,731 level, which paved the way for a rebound to the resistance level of $68,244.
 The Bitcoin price is also trading above both the 50-day and 200-day Simple Moving Averages (SMAs), which is a confirmation of the possible uptrend and sustained bullish momentum.
 Additionally, The Relative Strength Index (RSI) is trading past the 50-midline level at 59, which shows that the price is still on a move to rebound further. If the bullish momentum is sustained, the RSI could soar past the 70-overbought region, which shows intense buying pressure.
 <img decoding="async" class="alignnone size-full wp-image-492233" src="data:image/svg+xml,%3Csvg%20xmlns='//www.w3.org/2000/svg'%20viewBox='0%200%201264%20260'%3E%3C/svg%3E" alt="BTCOS" width="1264" height="260" data-lazy-srcset="https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 1264w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 300w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 1024w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 768w" data-lazy-sizes="(max-width: 1264px) 100vw, 1264px" data-lazy-src="https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp">
 <noscript><img decoding="async" class="alignnone size-full wp-image-492233" src="https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp" alt="BTCOS" width="1264" height="260" srcset="https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 1264w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 300w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 1024w, https://cdn.thebittimes.com/images/2024/03/21/4fd1330a67097b4cb172351ab5703190.webp 768w" sizes="(max-width: 1264px) 100vw, 1264px">
 </noscript>
 The current movement by the RSI is further supported by the Average Directional Index (ADX), which is trading at 20, showing a strong trend with signs of a rally to the upside.
 Moreover, the Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange), which indicates a bullish moving average crossover, further supporting the incoming buys and upward movements.
 <h2 id="span-style-font-weight-400-bitcoin-price-prediction-span">Bitcoin Price Prediction</h2>
 The Bitcoin price <a rel="noopener noreferrer nofollow" title="Category Analysis" href="https://thebittimes.com/analysis.html">Analysis</a> shows a continuation of bullish momentum, with the bulls aiming to sustain the stance over the falling wedge. The RSI and Stochastic Oscillator offer a bullish prospect to the optimistic oscillator, with the current target set at $72,000.
 However, The Stochastic Oscillator has already crossed the oversold level at 70, which may suggest that the price may go through a short-term retrace. In this case, $66,000 acts as the immediate support level.
 Historically, BTC has fallen in the days leading up to the halving and has followed a similar trend this round, as the event enters into the final 30 days. Analysts are also predicting a price retrace before the event, and a rebound after.
 Meanwhile, the Green Bitcoin presale project is emerging as an attractive alternative way to play the Bitcoin bull run driven in part by the upcoming halving event.
 <h2 id="span-style-font-weight-400-green-bitcoin-blasts-past-7-million-best-alternative-to-bitcoin-span">Green Bitcoin Blasts Past $7 Million – Best Alternative To Bitcoin</h2>
 The Green Bitcoin (GBTC) presale continues to garner attention, having secured over $7.3 million in early funding, as it races toward its target of $7.4 million.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Only $400K away from the Green Bitcoin Presale BEING FILLED!
 Our journey starts HERE!
 Follow us and make sure to tag a friend for your chance to win $200 worth of Green Bitcoin! pic.twitter.com/9YQfzXilgJ
 — GreenBitcoin (@GreenBTCtoken) March 20, 2024
 </blockquote>
 
 Green Bitcoin functions as an eco-friendly alternative to Bitcoin, merging Bitcoin’s legacy with the environmental consciousness of the Ethereum blockchain. The project introduces Gamified Green Staking, which allows users to earn lucrative rewards and token bonuses.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing Green Bitcoin: A Revolutionary Predict-To-Earn Token.
 Join us on our Gamified Green Staking Platform, where your predictions can turn into profits!
 Website: https://t.co/dG5cEeCtRs Telegram: https://t.co/bWanoe0vHv pic.twitter.com/eXuGQBkxio
 — GreenBitcoin (@GreenBTCtoken) December 3, 2023
 </blockquote>
 
 The green staking model allows you to earn rewards through its predict-to-earn feature. By predicting Bitcoin’s daily price movements, holders earn rewards based on accuracy and how much is staked.
 <h2 id="span-style-font-weight-400-buy-and-stake-gbtc-earn-passive-income-span">Buy And Stake $GBTC, Earn Passive Income</h2>
 You can also earn passively with Green Bitcoin, where you stake $GBTC for an 86% annual percentage yield (APY). Holders on the platform have already staked over 6.7 million $GBTC tokens.
 According to Matthew Perry, a crypto analyst and YouTuber, the project’s predict-to-earn model has good potential.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/9YlqD8bK0Mc" data-id="9YlqD8bK0Mc" data-query="feature=oembed" data-alt="🚨BRAND NEW PRESALE! Green #Bitcoin Is Turning Heads || Check It Out!!!"></div>
 <noscript><iframe title="🚨BRAND NEW PRESALE! Green #Bitcoin Is Turning Heads || Check It Out!!!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=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>
 </noscript>
 
 To take part in the presale, you can invest now for just $1.1062 before the price is hiked in three days.
 You can purchase $GBTC tokens on the official Green Bitcoin website, where you can exchange ETH or USDT for $GBTC, or buy them directly with your bank card.
 <h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
 <ul>
 <li style="font-weight: 400;">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 🚀💥</li>
 <li style="font-weight: 400;">Best Altcoins to Invest In: Unveiling Top Picks for Maximum Returns!</li>
 <li style="font-weight: 400;">How to Buy Bitcoin Online Safely</li>
 </ul>
 
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-price-prediction-as-spot-btc-etfs-suffer-a-3rd-day-of-outflows-this-bitcoin-alternative-blasts-past-7-million-tbt83180.html">https://thebittimes.com/bitcoin-price-prediction-as-spot-btc-etfs-suffer-a-3rd-day-of-outflows-this-bitcoin-alternative-blasts-past-7-million-tbt83180.html</a>
</div>

Bitcoin Price Prediction: As Spot BTC ETFs Suffer A 3rd Day Of Outflows, This Bitcoin Alternative Blasts Past $7 Million

Table of Contents

TheBitTimes

Other articles published on Mar 21, 2024

Crypto Markets Surge as Bitcoin and Altcoins Hit Record Highs

First Bank launches digital experience centre in Banana Island, to launch 5 more in 2024

New SHIB Competitor Profits Shiba Inu Holders In 420% Price Surge

Cardano (ADA) Price Prediction for March 21

Can Nvidia’s AI-Powered Digital Human Technologies Blur the Lines Between Reality and Virtuality?

Shiba Inu Receives Adoption Boost With Major New Exchange's Addition of BONE

Join our free newsletter for daily crypto updates!