Token

Bitcoin

April

Rewards

The Bitcoin price dropped by a fraction of a percent in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">to trade at $67,403</a> as of 00:37 a.m. EST on trading volume that rose 15% to $33 billion.
This comes as a Bitcoin address that has remained dormant for over five years became active, transferring a massive 8,000 BTC, worth approximately $535 million, to the <a href="https://insidebitcoins.com/cryptocurrency-exchanges/binance-review" rel="noopener noreferrer nofollow">Binance Exchange</a>.
<img decoding="async" class="alignnone size-full wp-image-535220" src="https://insidebitcoins.com/wp-content/uploads/2024/06/GP1PzPJXkAAu3_h.jpeg" alt="btc transaction" width="1149" height="580" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/GP1PzPJXkAAu3_h.jpeg 1149w, https://insidebitcoins.com/wp-content/uploads/2024/06/GP1PzPJXkAAu3_h-300x151.jpeg 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/GP1PzPJXkAAu3_h-1024x517.jpeg 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/GP1PzPJXkAAu3_h-768x388.jpeg 768w" sizes="(max-width: 1149px) 100vw, 1149px">
The BTC wallet was last active in 2018 when it received 8,000 BTC through six separate transactions on December 5. The transactions were carried out when BTC was priced at around $3,810 per coin.
With BTC rising over the years, the holder’s initial investment of $30.4 million has skyrocketed to roughly $535 million.
The transfer has elicited some speculation in the crypto community, ranging from profit-taking, to signifying a possible impending bear market.&nbsp;
However, the 1-day chart shows that BTC could be gearing up for a bullish rally, with the token trading within the symmetrical triangle pattern and well above the $60,737 support zone, data from <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">GeckoTerminal</a> shows.
<h2 id="span-style-font-weight-400-bitcoin-price-set-for-a-bullish-rally-over-the-symmetrical-triangle-span">Bitcoin Price Set For A Bullish Rally Over The Symmetrical Triangle</h2>
<img decoding="async" class="alignnone size-full wp-image-535221" src="https://insidebitcoins.com/wp-content/uploads/2024/06/WBTC_2024-06-12_07-37-00.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/06/WBTC_2024-06-12_07-37-00.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/06/WBTC_2024-06-12_07-37-00-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/06/WBTC_2024-06-12_07-37-00-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/06/WBTC_2024-06-12_07-37-00-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
The <a href="https://insidebitcoins.com/cryptocurrency-price/bitcoin-price/" rel="noopener noreferrer nofollow">Bitcoin price</a> still trades well above both the 50-day and 200-day Simple Moving Averages (SMAs), which is an indication that the bulls are still maintaining the token on a bullish stance.
In the last week, Bitcoin has been down 5%, which coincides with the Relative Strength Index (RSI) trading towards the 30-oversold levels, currently at 47.
The general Bitcoin price analysis indicates that the asset is currently on a slight retrace, but still trades within the symmetrical triangle, which indicates that the bulls could push the token over the upper boundary.
Major indicators also show that BTC could be gearing up on an upward trajectory. The RSI opens up positions for the bulls to stage a buy-back campaign, which could propel the price above. Currently, BTC bulls are targeting a new ATH at $90,000 in the long term.
<h2 id="bitcoin-price-might-retrace">Bitcoin Price Might Retrace</h2>
However, if the bears exert more pressure at this level, the Bitcoin price could retrace further below the lower boundary of the triangle. In such a scenario, the bulls could retreat to the $56,047 support level, which coincides with the 200-day SMA.
Meanwhile, as the Bitcoin bulls search for more signals to buy, other investors are piling into $99BTC, an ICO that’s already raised more than $2.1 million.
<h2 id="span-style-font-weight-400-99bitcoins-presale-surges-past-2-1-million-in-funding-best-alternative-to-buy-now-span">99Bitcoins Presale Surges Past $2.1 Million In Funding – Best Alternative To Buy Now?</h2>
The <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">99Bitcoins (99BTC)</a> platform has been a major pillar of crypto education, addressing the need with a comprehensive library of resources and a groundbreaking Learn-to-Earn (L2E) model. It’s well positioned to meet the exploding demand for crypto education.
The platform has over 2 million registered users, with more than 700,000 subscribers on its YouTube channel. With its 99BTC ICO, the project is set to gamify crypto education by allowing users to complete lessons and tackle challenges to earn higher rankings and rewards through $99BTC tokens.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What is Spatial Computing? Discover how <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> is transforming AR/VR, making immersive digital worlds more interactive and secure.
 Dive deeper: <a href="https://t.co/2hlZYRFHBv" rel="noopener noreferrer nofollow">https://t.co/2hlZYRFHBv</a><a href="https://twitter.com/hashtag/99BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99BTC</a> <a href="https://twitter.com/hashtag/SpatialComputing?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpatialComputing</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1777275219423490318?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 8, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Moreover, 99Bitcoins integrates with BRC-20, which makes it easy for developers to create dApps on the Bitcoin network.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing $99BTC on BRC-20! 🎓
 Since 2013, <a href="https://twitter.com/hashtag/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99Bitcoins</a> has been the go-to resource for learning about <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Cryptocurrency</a>.
 We're launching a platform that enables the building of <a href="https://twitter.com/hashtag/dApps?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#dApps</a> on top of the <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> network!💡<a href="https://twitter.com/hashtag/LearnToEarn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#LearnToEarn</a> rewards users on the Bitcoin blockchain.🙌
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1785308220677853254?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 30, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<h2 id="span-style-font-weight-400-buy-and-stake-99btc-783-annual-rewards-span">Buy And Stake $99BTC, 783% Annual Rewards</h2>
Apart from its L2E earning model, token holders can also <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">stake $99BTC</a> for an annual percentage yield (APY) of 783%.
According to Jacob Bury, a popular crypto analyst on YouTube, 99Bitcoins has the potential to surge 10X after launch.
<iframe title="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!" width="640" height="360" src="https://www.youtube.com/embed/G2trqq3KNYE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
You can buy $99BTC tokens for $0.00109 each. With a price hike coming in about 6 days, buy soon to lock in the best deal.
To join the presale, <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">buy $99BTC from the official website here</a> using ETH, USDT, or a bank card.
<h2 id="span-style-font-weight-400-related-news-span">Related News</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/what-crypto-presale-quick-guide-getting-ground-floor-new-calsona-mwpve" rel="noopener noreferrer nofollow">🚀🤑 What is a crypto Presale? A Quick Guide to Getting in on the Ground Floor of New Cryptocurrencies!</a></li>
 <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">🚀💰 Are Crypto Presales Worth It? The Pros and Cons You Need to Know! 💸🤔</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin/credit-card/" rel="noopener noreferrer nofollow">How to Buy Bitcoin with Credit Card</a></li>
</ul>

Bitcoin Price Prediction: Whale Ends 5-Year Hiatus With 8,000 BTC Transfer As Investors Flock To This Learn to Earn Token And Its 783% APY

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Inside Bitcoins

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