TRUMP

Bitcoin

Yakuza

Donald Trump

<p><span style="font-weight: 400;">The Bitcoin price fell a fraction in the past 24 hours to trade at <a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow">$50.9K</a> at 1:30 a.m. EST as the crypto king continues to consolidate.</span></p>
<p><span style="font-weight: 400;">This comes after former US president Donald Trump appeared to soften his stance on BTC, saying ”it’s taken a life of its own” and that he can ”live with it.”</span></p>
<p><span class="r-36ujnk">”More and more, I’m seeing people wanting to pay bitcoin,” he added. ”And you’re seeing something that’s interesting.”</span></p>
<p>That’s quite a shift from a man who back in 2021 said Bitcoin ”seems like a scam,” and who might be the next president.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">🇺🇸 TRUMP SHARES HIS THOUGHTS ON BITCOIN</p>
 <p>"Well, a lot of people are doing it. I always liked one currency. I call it a currency.</p>
 <p>I like the dollar. But a lot of people are doing it, and frankly, it's taken a life of its own.</p>
 <p>You probably have to do some regulation, as you… <a href="https://t.co/mLrblAQBUi" rel="noopener noreferrer nofollow">pic.twitter.com/mLrblAQBUi</a></p>
 <p>— Mario Nawfal (@MarioNawfal) <a href="https://twitter.com/MarioNawfal/status/1760928646691229754?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 23, 2024</a></p>
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<h2 id="span-style-font-weight-400-bitcoin-price-prediction-bitcoin-markets-exhibit-uncertainty-span"><span style="font-weight: 400;">Bitcoin Price Prediction: Bitcoin Markets Exhibit Uncertainty</span></h2>
<p><span style="font-weight: 400;">The Bitcoin price has exhibited a downtrend over the past few days, indicated by a general decline in the highs and lows of the candlesticks. This has been accompanied by periods of high volatility, as indicated by the long wicks on the green and red candlesticks, suggesting significant market buying and selling pressure and uncertainty.&nbsp;</span></p>
<p><span style="font-weight: 400;">Checking the indicators in the Bitcoin chart below, we see the Money Flow Index (MFI) is currently at 20, typically in the oversold region. This suggests that the asset might be undervalued at this point, and there could be potential for a price increase if buyers enter the market.</span></p>
<p><span style="font-weight: 400;">On the other hand, the Average Directional Index (ADX) value is at 24.45. Generally, an ADX value below 25 indicates a weak or non-trending market. However, since it’s close to 25, the market may start trending soon or be in the early stages of forming a trend. </span><span style="font-weight: 400;">Analysts, however, speculate a retracement to as low as $46K amid the consolidation. Yakuza told his 21K followers on X that there’s only a slim chance of that happening.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Is <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> preparing for another move to the upside?</p>
 <p>BTC price is caught up in a channel consolidating</p>
 <p>Currently, there is no clear direction as to where it will go next.</p>
 <p>There is a slim chance we retrace back to $46k the 0.5 fibs level, or to the 0.618 nominal retracement… <a href="https://t.co/wB9yNfGEvN" rel="noopener noreferrer nofollow">pic.twitter.com/wB9yNfGEvN</a></p>
 <p>— Yakuza (@YakuzaInCrypto) <a href="https://twitter.com/YakuzaInCrypto/status/1761130756170998148?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 23, 2024</a></p>
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<h2 id="span-style-font-weight-400-bitcoin-price-prediction-should-we-expect-another-breakout-soon-span"><span style="font-weight: 400;">Bitcoin Price Prediction: Should We Expect Another Breakout Soon?</span></h2>
<p><span style="font-weight: 400;">The formation of a bullish falling wedge, which means a likely breakout, adds more weight to the prospects of another breakout in the short term. We expect a short downward momentum, as evidenced by the last candle stick, which is bearish, before breaking out of the wedge resistance.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-483288" src="https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205.png" alt="" width="2536" height="1202" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205.png 2536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-300x142.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-1024x485.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-768x364.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-83x40.png 83w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-1536x728.png 1536w, https://insidebitcoins.com/wp-content/uploads/2024/02/Apex_1708758605205-2048x971.png 2048w" sizes="(max-width: 2536px) 100vw, 2536px"></p>
<p style="text-align: center;">2-hour BTC/USD chart | Source: <a href="https://www.tradingview.com/chart/mBPnB4WJ/?symbol=CRYPTO%3ABTCUSD" rel="noopener noreferrer nofollow">TradingView</a></p>
<p><span style="font-weight: 400;">Meanwhile, Bitcoin Minetrix, a cloud mining project, is presenting itself as a good investment option for investors seeking explosive gains with analysts ranking the project among </span><a href="https://www.linkedin.com/pulse/best-crypto-watch-2024-top-5-cryptocurrencies-high-calsona-f8pve/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">2024’s best presales</span></a><span style="font-weight: 400;">.</span></p>
<h2 id="span-style-font-weight-400-a-good-alternative-span"><span style="font-weight: 400;">A Good Alternative</span></h2>
<p><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow">Bitcoin Minetrix</a> combines cloud mining and staking to replace the need for costly equipment, space and energy, making Bitcoin mining affordable for almost anyone.</p>
<p>Investors can buy its native token, BTCMTX, and stake it on its platform in return for credits that allow the mining of Bitcoin.</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Illustrating the distinctions between <a href="https://twitter.com/hashtag/BTCMTX?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTCMTX</a> and conventional cloud mining. ⛏️🪙</p>
 <p>1️⃣ Utilizing ERC-20 <a href="https://twitter.com/hashtag/Tokens?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Tokens</a> eliminates transaction requirements.</p>
 <p>2️⃣ Miners manage their power by accruing credits through staking.</p>
 <p>3️⃣ Smart contracts on <a href="https://twitter.com/hashtag/ETH?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#ETH</a> streamline security and staking. 📜🔒 <a href="https://t.co/RlrQRx20RW" rel="noopener noreferrer nofollow">pic.twitter.com/RlrQRx20RW</a></p>
 <p>— Bitcoinminetrix (@bitcoinminetrix) <a href="https://twitter.com/bitcoinminetrix/status/1760711186146873673?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 22, 2024</a></p>
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<p><span style="font-weight: 400;">Staking offers an amazing 60% annual yield (APY) and investors </span><span style="font-weight: 400;">may also enter the project’s $30,000 minedrop competition and win one of 10 $3,000 prizes. More than 696 million BTCMTX tokens have already been staked.&nbsp;</span></p>
<p><span style="font-weight: 400;">With analysts </span><a href="https://www.linkedin.com/pulse/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">anticipating</span></a><span style="font-weight: 400;"> a pump in the Bitcoin price in the run up to the Bitcoin halving in April, BTCMTX looks very well positioned for gains in the upcoming Bitcoin bull run.</span></p>
<p><span style="font-weight: 400;">Jacob Bury, a well-known cryptocurrency analyst and YouTuber, says BTCMTX has the potential to be the next 10X gainer on debut.</span></p>
<p><iframe title="Bitcoin Minetrix ICO Hits $10M - Next 10X Potential Crypto?!" width="640" height="360" src="https://www.youtube.com/embed/Q3LtZHfZN_w?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;">The </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;"> (BTCMTX) presale has already raised over $11.3 million in initial fundraising and is rapidly approaching its $12.178 million goal. </span></p>
<p><span style="font-weight: 400;">B</span><span style="font-weight: 400;">TCMTX tokens are currently priced at $0.0136, but to acquire them at that level you must act soon with a price hike coming in about 21 hours.</span></p>
<p><span style="font-weight: 400;">To participate in the presale, </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">visit the official BTCMTX website</span></a><span style="font-weight: 400;"> and exchange your ETH or USDT for BTCMTX. You may also use your bank card to make direct purchases.</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;" aria-level="1"><a href="https://insidebitcoins.com/news/bitcoin-price-prediction-ecb-officials-say-btc-fair-value-is-zero-arthur-hayes-sees-it-at-unfathomable-heights-and-experts-say-this-bitcoin-derivative-might-go-ballistic" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Price Prediction: ECB Officials Say BTC Fair Value Is Zero, Arthur Hayes Sees It At “Unfathomable Heights,” And Experts Say This Bitcoin Derivative Might Go Ballistic</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin-minetrix" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">How To Buy Bitcoin Minetrix – BTCMTX Presale 2024 Review</span></a></li>
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Bitcoin Price Prediction: As Donald Trump Fails To Diss “Interesting’’ BTC, Is This ICO The Best Crypto To Buy Before The Bitcoin Halving?

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