Bitcoin Price Prediction: BTC Surpasses $67,000 as Elon Musk's Tesla Moves $760 Million in Bitcoin, and Traders Float This ICO with 2.367% APY

bitcoin price rose 2% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>trading at $67,051 at 03:42 am EST, trading volume increased 22% to $49 billion.

This comes as Elon Musk's Tesla, one of the largest corporate owners of bitcoin (btc), transferred almost all of its $760 million btc holdings to unknown wallets, sparking speculation that the company could be selling.

crypto data firm Arkham Intelligence reported that Tesla-linked wallets moved more than 11,500 btc on Tuesday, leaving only about $6.65 worth of btc in the wallets.

bitcoin price on a bullish rally

According to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>Terminal Geckobitcoin price has been in a sustained consolidation phase since mid-September, within the $57,500 support and $66,000 resistance.

bitcoin price finally crossed the upper boundary of the sideways pattern at $66,000, which could affirm the bullish rally.

btc is now trading above the 50-day and 200-day SMA, holding the golden cross at $58,929. This confirms the recent upward trend in prices.

Additionally, the Relative Strength Index (RSI) is at 70.16, hovering around overbought territory. This indicates that the asset could be overbought and a pullback or consolidation could be expected in the short term. However, the RSI in overbought regions during a strong uptrend can remain elevated for an extended period before any correction occurs.

The Moving Average Convergence Divergence (MACD) further supports the overall uptrend as the blue MACD line crosses above the orange signal line, forming a bullish crossover.

If the current bullish stance continues, bitcoin price could skyrocket further as bulls target the psychological resistance at $72,000.

However, if the bears take over the price at this level, btc could fall back to the $62,000 support zone, which now acts as a cushion against downward pressure.

Meanwhile, investors looking to diversify their portfolios with higher-risk, higher-reward meme coins could consider the new pre-sale. Flockerz (FLOCK)which has accumulated more than $733,000 in less than a month.

According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 706,000 subscribers, $FLOCK has the potential to rise 100x after its launch.

Flockerz Pre-Sale Earns Over $733K in Pre-Sale

flockerz is a project that redefines decentralization in the world of meme currencies by encouraging its holders, “The Flock”, to guide the future of the project.

It does this through a Vote-to-Earn (V2E) model that rewards token holders with FLOCK for voting on decisions.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.3925925925926″>

The flock flies high! We have officially surpassed $300k! pic.twitter.com/MsLc5PeoyX

—Flockerz (@FlockerzToken) twitter.com/FlockerzToken/status/1840049282889724227?ref_src=twsrc%5Etfw”>September 28, 2024

In Flocktopia, decisions about the future of the project are made collectively by “The Flock”. Each member has a say, making the platform a truly decentralized and inclusive environment.

In addition to V2E rewards, users can also earn passively through the platform. betting mechanismwhich offers a very high annual return of 2,367%.

To join the pre-sale, You can buy $FLOCK on the official website here. for $0.005793 per token using BNB, eth or USDT. You can also make a purchase with your bank card.

Buy before prices rise in less than three days to get the best deal.

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