Rally

FOMC

Bitcoin

April

Resistance

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 The Bitcoin price dropped 3% in the last 24 hours to trade at $57,656 as of 02:34 a.m. EST on trading volume that rose 1% to $43.9 billion.
 The announcements came at the end of the two-day Federal Open Market Committee (FOMC) meeting. With the pause button hit again, interest rates were held at 5.25%.
 <h2 id="span-style-font-weight-400-bitcoin-price-to-rally-above-the-66-766-resistance-span">Bitcoin Price To Rally Above The $66,766 Resistance</h2>
 <figure id="attachment_515570" aria-describedby="caption-attachment-515570" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-515570" 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/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 1281w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 300w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 1024w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 768w" data-lazy-sizes="(max-width: 1281px) 100vw, 1281px" data-lazy-src="https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp">
 <noscript><img decoding="async" class="size-full wp-image-515570" src="https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp" alt="Bitcoin Price Chart Analysis Source: Tradingview.com" width="1281" height="555" srcset="https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 1281w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 300w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 1024w, https://cdn.thebittimes.com/images/2024/05/02/5ad3a05275282911ba3b1b5111e91d35.webp 768w" sizes="(max-width: 1281px) 100vw, 1281px">
 </noscript>
 <figcaption id="caption-attachment-515570" class="wp-caption-text">
 BTCUSD Chart Analysis Source: Tradingview.com
 </figcaption>
 </figure>
 The Bitcoin price has been trading within a consolidation channel around the $72,000 and $64,000 range, with bulls and bears struggling for dominance. The bears won the struggle, which pushed the price down to $60,000 and surged again to the resistance at $66,766, forming a rounding bottom pattern.
 However, the bears seem to have taken control, pushing BTC down through a falling wedge pattern. The bearish trend is dominant, with the price falling below the lower boundary of the falling wedge.
 BTC is also trading below both the 50-day and 200-day Simple Moving Averages (SMAs), which coincides with the price falling further down below the $64,000 critical support.
 Moreover, the Relative Strength Index (RSI) is also trading below the 50-midline level at the 30-oversold region at 34 and aims to move to the north as the price moves up. If the bulls sustain the breakout above $56,500, the RSI could soar to the 50-midline level, an indication of intense buying pressure.
 <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> indicates that the BTC bulls are staging a breakout above the $56,500 support zone.
 The bulls aim to capitalize on the formation of the rounding bottom and falling wedge patterns to push the price to breach the $66,766 resistance, as they target $70,000.
 However, if the bears continue exerting pressure, BTC could still fall to the next support of around $55,800.
 Meanwhile, as the BTC bulls aim to push the price higher, investors are also buying $99BTC as its presale soars to within a whisker of $1 million raised.
 <h2 id="span-style-font-weight-400-99bitcoins-the-next-100x-crypto-to-buy-now-span">99Bitcoins: The Next 100X Crypto To Buy Now?</h2>
 99Bitcoins (99BTC) is one of the leading crypto educators, boasting over 700,000 subscribers on the YouTube channel and more than two million registered for the website’s courses.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What is Spatial Computing? Discover how #Blockchain is transforming AR/VR, making immersive digital worlds more interactive and secure.
 Dive deeper: https://t.co/2hlZYRFHBv#99BTC #SpatialComputing #Web3
 — 99Bitcoins (@99BitcoinsHQ) April 8, 2024
 </blockquote>
 
 The project’s ICO aims to revolutionize crypto education with its Learn-to-Earn model, which gives investors an opportunity to earn passively by learning about blockchain. Completing courses earns $99BTC, which is similar to a cashback rewards program.
 The project also integrates with BRC-20, enabling the building of dApps on the Bitcoin network.
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Introducing $99BTC on BRC-20! 🎓
 Since 2013, #99Bitcoins has been the go-to resource for learning about #Cryptocurrency.
 We're launching a platform that enables the building of #dApps on top of the #Bitcoin network!💡#LearnToEarn rewards users on the Bitcoin blockchain.🙌
 — 99Bitcoins (@99BitcoinsHQ) April 30, 2024
 </blockquote>
 
 99Bitcoins also has a staking platform, where investors can stake $99BTC for an impressive 1,855% annual percentage yield (APY). Users can also benefit from the ongoing $99,999 BTC airdrop for the community, with winners to be announced on July 19.
 According to Jacob Bury, a YouTuber and crypto analyst, investing in 99BTC could potentially turn $1k into $10K.
 
 <div class="rll-youtube-player" data-src="https://thebittimes.com/image/getimage/?url=https://www.youtube.com/embed/G2trqq3KNYE" data-id="G2trqq3KNYE" data-query="feature=oembed" data-alt="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!"></div>
 <noscript><iframe title="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!" width="640" height="360" src="https://thebittimes.com/image/getimage/?url=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>
 </noscript>
 
 You can buy 99BTC tokens now for $0.00103. With a price hike coming in less than five days, buy soon for the best price.
 To join the presale, you can buy $99BTC from the official website here. You have the option of buying the tokens 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;">Best Crypto to Buy Now (2024): Top Picks for Explosive Growth! 🚀💸</li>
 <li style="font-weight: 400;">Next Crypto to Explode: Unveiling the Potential Market Shaker of 2024 🚀💥</li>
 <li style="font-weight: 400;">How to Buy Bitcoin with Credit Card</li>
 </ul>
 Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-price-prediction-btc-plunges-3-as-the-fomc-keeps-rates-unchanged-but-the-99btc-learn-to-earn-crypto-ico-closes-on-1-million-tbt87255.html">https://thebittimes.com/bitcoin-price-prediction-btc-plunges-3-as-the-fomc-keeps-rates-unchanged-but-the-99btc-learn-to-earn-crypto-ico-closes-on-1-million-tbt87255.html</a>
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Bitcoin Price Prediction: BTC Plunges 3% As The FOMC Keeps Rates Unchanged, But The 99BTC Learn-To-Earn Crypto ICO Closes On $1 Million

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