Bitcoin Price Prediction: As Microsoft Asks Shareholders to Vote Against Investing in BTC, Traders Rush To This Vote Meme Coin to Win with 1,618% APY

bitcoin price rose 1% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>trading at $68,037 at 00:13 am EST on trading volume that fell 12% to $30 billion.

This comes after Microsoft announced that its shareholders will vote on December 9 on a shareholder proposal to invest in bitcoin, as detailed in an SEC filing on October 24. However, the company's board of directors recommends voting against this proposal.

Microsoft currently accepts bitcoin for online purchases, but has not invested in the cryptocurrency.

bitcoin Price Points to Continued Bullish Rally

bitcoin price has been moving within an ascending channel pattern, defined by the parallel orange trend lines, indicating a series of higher lows and higher highs, as the bulls took charge of the price around the support zone of $53,800, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>Terminal Gecko.

Support levels around $56,320 (horizontal dotted line) and $61,500 are holding well, providing a foundation for the current uptrend.

btc is now trading above the 50-day and 200-day SMA on the 1-day period, confirming the current long-term uptrend. Furthermore, the 50-day SMA seems to be approaching the 200-day SMA, which could form a golden cross in the coming days, supporting the incoming bullish rally.

The Relative Strength Index (RSI) is currently at 60.65, which is in bullish territory but not overbought. This suggests there is still room for a bullish move without the asset overextending, which aligns with the possibility of further gains if resistance is broken.

bitcoin price prediction

btc/USD chart analysis supports the bullish sentiment, and leading indicators including the SMA and RSI show that bitcoin price could skyrocket further. If the bulls maintain this trend, bitcoin price could skyrocket as the bulls target $76,000.

However, if the bears take over the price at this level, bitcoin price could fall back to the immediate support level of $61,500.

Meanwhile, investors looking for investment options that give them a strong say in the asset's strategy could consider a new vote-to-earn (V2E) crypto called FLOCKERZ (BAND)which has just surpassed one million dollars in funds raised in the pre-sale.

According to crypto Zeus, a YouTuber with over 79,000 subscribers, Flockerz “could be huge.”

Flockerz Passes $1 Million Pre-Sale Milestone – Best Cryptocurrency to Buy Now?

flockerz is an innovative meme coin that empowers its community, known as The Flock, through its V2E system that allows token holders to vote on important decisions and earn $FLOCK tokens as a reward.

At the heart of Flockerz is Flocktopia, a DAO where every voice counts, ensuring active members are rewarded for their participation.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”7.1176470588235″>

One million, so close, Flockers, let's cheer up! pic.twitter.com/is7WuaNGXU

—Flockerz (@FlockerzToken) twitter.com/FlockerzToken/status/1848497129473389043?ref_src=twsrc%5Etfw”>October 21, 2024

In addition to V2E rewards, users can Earn a whopping 1,618% annual return by staking your FLOCK tokens.

With its community-driven approach, Flockerz sets a new standard for meme coins, prioritizing collective governance over rule by a few.

Flockerz is selling tokens for $0.0058394 right now. Since the price will increase in about an hour, shop quickly to secure the best price.

Can buy $FLOCK on the official website using BNB, eth, USDT or a bank card.

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