bullish

2024

Bitcoin

April

The Bitcoin price surged 3% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">to trade at $69,305</a> as of 00:32 p.m. EST on trading volume that dropped 40% to $21 billion.
This comes as the University of Wyoming prepares to make significant strides in cryptocurrency research with the launch of the Bitcoin Research Institute (BRI).
Scheduled to open next month, the institute aims to provide high-quality, peer-reviewed studies on Bitcoin, which will position the BRI as a crucial resource for both academic and public understanding of the technology.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 ANNOUNCEMENT: The University of Wyoming has established the UW Bitcoin Research Institute. <a href="https://t.co/qDuYZGmnxo" rel="noopener noreferrer nofollow">https://t.co/qDuYZGmnxo</a>
 The BRI aims to produce high-quality peer-reviewed publications about bitcoin from all academic disciplines.
 First act: hiring <a href="https://twitter.com/resistancemoney?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@resistancemoney</a>!
 1/
 — ₿radley Rettler (@rettlerb) <a href="https://twitter.com/rettlerb/status/1817560448302031338?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">July 28, 2024</a>
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Bradley Rettler, a Bitcoin activist and Associate Professor at the University of Wyoming, will serve as the institute’s director.
According to Rettler, the industry needs more high-quality peer-reviewed publications, ensuring that the public is informed about Bitcoin and how it works.
<h2 id="bitcoin-price-to-continue-with-the-bullish-trend-over-70-000">Bitcoin Price To Continue With The Bullish Trend Over $70,000</h2>
<figure id="attachment_558054" aria-describedby="caption-attachment-558054" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-558054" src="https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-29_07-32-57.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-29_07-32-57.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-29_07-32-57-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-29_07-32-57-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-29_07-32-57-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
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 Bitcoin Price Chart Analysis Source: GeckoTerminal.com
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The Bitcoin price has been in a tear in the last two weeks with an 11% surge. However, on Jul 25, BTC took a slight tumble to the $64,000 support level before rebounding to cross the $69,000 resistance yesterday, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">GeckoTerminal</a>.
The price movements over the past four days have formed an ascending triangle pattern, with the price of Bitcoin already retrying the upper boundary of the triangle.
BTC price also trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the sustained bullish momentum to the upside.
Moreover, the Relative Strength Index (RSI) line indicates that the asset is under intense buying pressure, as it hurtles towards the 70-overbought region, currently at 63.
The Moving Average Convergence Divergence (MACD) could encourage the buying action, as the MACD lines trade above the neutral line. The blue MACD line also crosses above the orange signal line, indicating a bullish crossover, which could encourage buyers to take more positions.
<h2 id="bitcoin-price-prediction">Bitcoin Price Prediction</h2>
According to the Bitcoin price analysis on the 1-hour chart, BTC is currently on strong bullish momentum. The bulls aim to push the token further above the ascending triangle, targeting $72,000.
The RSI and MACD show strong buying positions from investors, which could be a bullish factor for the BTC price.
However, if the bears take control of the price at this level, the price of Bitcoin could retrace to $66,565 (200-day SMA), which acts as a cushion against downward pressure in the short term.
Meanwhile, other investors are rushing to buy the new <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">99Bitcoins (99BTC)</a> presale with only 8 days left until it closes.
<h2 id="99bitcoins-presale-raises-over-2-5-million-buy-now-before-presale-ends-on-august-6">99Bitcoins Presale Raises Over $2.5 Million – Buy Now Before Presale Ends On August 6</h2>
The 99Bitcoins platform has become a crucial resource for newcomers navigating the complexities of the crypto world, especially with the recent surge in its popularity. The platform has over 2 million registered users for its courses and more than 700,000 subscribers on its YouTube channel.
Its latest innovation is the launch of its ICO, which is fueling a groundbreaking Learn-to-Earn (L2E) model. The project is set to gamify crypto education by allowing its users to tackle challenges and complete lessons 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>
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99Bitcoins is set to launch its token initially as an ERC-20 token but will integrate it later into the Bitcoin network using the BRC-20 token standard.
<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>
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<h2 id="buy-and-stake-99btc-for-675-annual-return">Buy And Stake $99BTC For 675% Annual Return</h2>
Token holders can also earn passively from <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">the project’s staking option</a>, which offers an annual percentage yield (APY) of 675%.
Influential crypto YouTuber Jacob Bury says that the 99Bitcoins token could turn a $1K investment into $10K after its 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 now for $0.00115 each. With a price hike in about one day, 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="related-news">Related News</h2>
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 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/where-buy-presale-crypto-unlock-exclusive-early-now-calsona-q7xie" rel="noopener noreferrer nofollow">Where to Buy Presale Crypto: Unlock Exclusive Early Investments Now! 🎉🎉</a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/upcoming-crypto-presales-unlock-early-investment-calsona-plu5e" rel="noopener noreferrer nofollow">Upcoming Crypto Presales: Unlock Early Investment Opportunities! 🚀🌟</a></li>
 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/best-cheap-crypto/" rel="noopener noreferrer nofollow">Best Cheap Crypto to Buy Now In 2024 – Low Cost Coins</a></li>
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Bitcoin Price Prediction: As Wyoming University Launches BTC Research Institute, Investors Flock To This Learn-To-Earn Crypto With A 675% AP...

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Inside Bitcoins

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