2024

Bitcoin

April

Penny

The Bitcoin price has climbed almost 2% in the past 24 hours to trade for $62,774 as of 01:45 a.m. EST.
According to analysts at Coinglass, if the bulls are able to haul BTC back above the $63,000 threshold, it would induce strength among altcoins.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Crypto</a> Market RSI Heatmap（4H）
 Most altcoins are currently in a neutral .
 If <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> breaks above 63,000, altcoins will be stronger.
 👉<a href="https://t.co/nM8AMjt8L6" rel="noopener noreferrer nofollow">https://t.co/nM8AMjt8L6</a> <a href="https://t.co/9vjcibufeG" rel="noopener noreferrer nofollow">pic.twitter.com/9vjcibufeG</a>
 — CoinGlass (@coinglass_com) <a href="https://twitter.com/coinglass_com/status/1788791619216642509?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 10, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Elsewhere, Glassnode researchers say that the Bitcoin price has recorded the deepest correction on a closing basis since the FTX lows in November 2022. &nbsp;Despite holding over 20% below its $73,777 peak, the same analysts say that this macro uptrend still appears to be one of the most resilient in history.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Measured from the $73k ATH, <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> prices corrected by -20.3%, which is the deepest correction on a closing basis since the FTX lows in Nov-2022.
 That said, this macro uptrend still appears to be one of the more resilient in history, with comparatively shallow corrections… <a href="https://t.co/8WvCOGBV2R" rel="noopener noreferrer nofollow">pic.twitter.com/8WvCOGBV2R</a>
 — glassnode (@glassnode) <a href="https://twitter.com/glassnode/status/1788557758729437281?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">May 9, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Meanwhile, Twitter (now X) co-founder Jack Dorsey says that BTC will be worth “at least a million” by 2030, adding that it could go beyond that. Dorsey made this super-bullish prediction on May 9 during an <a href="https://www.piratewires.com/p/interview-with-jack-dorsey-mike-solana" target="_blank" rel="noopener noreferrer nofollow">interview</a> on Pirate Wires.
<h2 id="bitcoin-price-prediction">Bitcoin Price Prediction</h2>
The Bitcoin price has slipped below the centerline of the Bollinger band indicator as shown on GeckoTerminal chart for the WBTC/USD trading pair, suggesting increasing volatility towards the downside. The position of the relative Strength Index (RSI) below the mean level of 50 shows that the market may be primed for further downside before a correction. Notice the Awesome Oscillator (AO) is also still in negative territory, tilting the odds further in favor of the downside.
If selling pressure increases, the Bitcoin price could slip below the lower band of the Bollinger indicator at $59,076. Such a directional bias could see the Bitcoin price extend the fall to $57,829, or in a dire case, provide another buying opportunity around the $50,000 psychological level.
<a href="https://insidebitcoins.com/wp-content/uploads/2024/05/BTC.png" rel="noopener noreferrer nofollow"><img decoding="async" class="aligncenter wp-image-519275 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/05/BTC.png" alt="Bitcoin price" width="1361" height="767" srcset="https://insidebitcoins.com/wp-content/uploads/2024/05/BTC.png 1361w, https://insidebitcoins.com/wp-content/uploads/2024/05/BTC-300x169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/05/BTC-1024x577.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/05/BTC-768x433.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/05/BTC-269x153.png 269w" sizes="(max-width: 1361px) 100vw, 1361px"></a>
<a href="https://www.geckoterminal.com/eth/pools/0x4585fe77225b41b697c938b018e2ac67ac5a20c0" target="_blank" rel="noopener noreferrer nofollow">WBTC/USD 1-day chart</a>
On the other hand, if the bulls recover the market, the Bitcoin price could activate the falling wedge pattern. This would mean a bullish reversal to the 20% target objective of the technical formation. This target is measured by adding the maximum distance between the upper and lower trend lines to the expected breakout point.
Meanwhile, investors are flocking to 99BTC, a learn-to-earn platform that features among the top five meme coins to buy in May, according to Crypto YouTube channel 99Bitcoins.
<iframe title="THE TOP 5 MEME COINS TO BUY IN MAY!!! WITH 50X-100X POTENTIAL" width="640" height="360" src="https://www.youtube.com/embed/vnxPEIv26GY?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>
It’s already raised upwards of $1.168 million in its presale.
<h2 id="promising-alternative-to-bitcoin">Promising Alternative To Bitcoin</h2>
<a href="https://insidebitcoins.com/visit/99bitcoins" target="_blank" rel="noopener noreferrer nofollow">99Bitcoins</a> is a long-established educational platform that traces back to 2013, four years after Bitcoin’s 2009 launch, and two before Ethereum arrived.
Starting out as BitcoinWithPayPal.com, It’s transitioning to Web3 with its $99BTC token. 99Bitcoins promises a groundbreaking earn-as-you-learn experience for users of the website.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 🌟📚 Start Your $99BTC Journey with Our Free Crash Course! 🌟🎓
 Over 100,000 students have enjoyed our course, receiving daily emails with essential <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> alpha. ✅
 From over 750 participants, it's designed to be short, sweet, and super educational!
 👉 <a href="https://t.co/PepIrsQGUi" rel="noopener noreferrer nofollow">https://t.co/PepIrsQGUi</a> <a href="https://t.co/UohphNbGbS" rel="noopener noreferrer nofollow">pic.twitter.com/UohphNbGbS</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1784945905839333719?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 29, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
99Bitcoins incentivizes learning through a unique mix of gamification and a leaderboard reward system. This ensures users feel like their learning is bearing tangible and therefore spendable benefits. You basically earn crypto while learning about crypto.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Exclusive access to advanced modules is available for $99BTC token holders. 🏆
 Dive into topics from sophisticated trading strategies to in-depth <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> technology applications.
 Join the <a href="https://twitter.com/hashtag/Presale?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Presale</a> now! 👉 <a href="https://t.co/NXD7DAamqr" rel="noopener noreferrer nofollow">https://t.co/NXD7DAamqr</a><a href="https://twitter.com/hashtag/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99Bitcoins</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://twitter.com/hashtag/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoNews</a> <a href="https://t.co/M5p0dtDc9f" rel="noopener noreferrer nofollow">pic.twitter.com/M5p0dtDc9f</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1784583408183660750?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 28, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Out of a total of 99 billion 99BTC tokens, 15% have been set aside to be sold over the course of a fourteen-round presale. The objective is to raise the funds required to expedite cutting-edge development around the project’s BRC-20 integration.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Our <a href="https://twitter.com/hashtag/Learn2Earn?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Learn2Earn</a> platform is at the heart of our mission to educate. 🤝
 You’ll be able to dive into a wide array of topics, from <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> basics to advanced trading strategies, all while unlocking rewards!
 Discover More: <a href="https://t.co/NXD7DAamqr" rel="noopener noreferrer nofollow">https://t.co/NXD7DAamqr</a><a href="https://twitter.com/hashtag/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99Bitcoins</a> <a href="https://twitter.com/hashtag/CryptoNews?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#CryptoNews</a> <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> <a href="https://t.co/l9sjDsjOAb" rel="noopener noreferrer nofollow">pic.twitter.com/l9sjDsjOAb</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1784221058481938450?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 27, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Buyers can stake 99BTC tokens for an annual return of 1,476%. So far, upwards of 737 million 99BTC tokens have been staked.
The 99BTC token is currently selling for $0.00104, but with a price increase coming in about four days, buy soon if you are interested.
<a href="https://insidebitcoins.com/visit/99bitcoins" target="_blank" rel="noopener noreferrer nofollow">Visit and buy 99Bitcoins here</a>.
<h3 id="also-read">Also Read:</h3>
<ul>
 <li><a href="https://insidebitcoins.com/buy-cryptocurrency/99bitcoins-price-prediction" rel="noopener noreferrer nofollow">99Bitcoins Price Prediction – $99BTC Profit Potential in 2024</a></li>
 <li><a href="https://insidebitcoins.com/news/99bitcoins-launches-new-learn-to-earn-airdrop-presale-todaytrader-video-review" rel="noopener noreferrer nofollow">99Bitcoins Launches New Learn-to-Earn Airdrop Presale – TodayTrader Video Review</a></li>
 <li><a href="https://insidebitcoins.com/news/99bitcoins-token-unveils-learn-2-earn-crypto-ico-next-brc-20-project-to-explode" rel="noopener noreferrer nofollow">99Bitcoins Token Unveils Learn 2 Earn Crypto ICO, Next BRC-20 Project To Explode?</a></li>
 <li><a href="https://insidebitcoins.com/news/top-gaming-coins-to-buy-in-the-upcoming-bull-run-99bitcoins-video-review" rel="noopener noreferrer nofollow">Top Gaming Coins to Buy Before the Upcoming Bull Run – 99Bitcoins Video Review</a></li>
 <li><a href="https://www.linkedin.com/pulse/best-penny-crypto-investments-top-picks-explosive-growth-calsona-j8nhe" rel="noopener noreferrer nofollow">Best Penny Crypto Investments: Top Picks for Explosive Growth in 2024!</a></li>
</ul>

Bitcoin Price Prediction As Jack Dorsey Says BTC Will Hit $1M By 2030 And This Learn-To-Earn Crypto ICO Races Towards $2M

Obsah

Inside Bitcoins

Ďalšie články zverejnené 10. 5. 2024

User Engagement In Polkadot Rises, Will DOT Stop Consolidating Soon?

Penguiana, A Penguin-Themed Meme Coin, Set To Launch Demo Of Its Play To Earn Game, Fills Almost ...

Zilliqa Network Resolves Recent Setbacks

Jack Dorsey Predicts Bitcoin Price To Hit At Least $1M By 2030: 'Hits That Number And Goes Beyond'

Genesis Trading Deposits $33.67M The Graph (GRT), Injective (INJ), and These Cryptos to Major Exc...

What’s a BFG Token? | 100% Project’s Revenue for BFG Support

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!