Bitcoin Price Prediction: BTC Transaction Fees Soar After Bitcoin Halving as Traders Flog into This New BTC ICO for Supercharged Potential

bitcoin price fell a fraction of a percent in the last 24 hours bitcoin/”>listed at $64,252 As of 02:10 am EST trading volume fell 27% to $35.2 billion.

This comes as bitcoin's quadrennial halving event was triggered at block height 840,000. With the launch of the Runes protocol, there has been a frenzy on the bitcoin blockchain as speculators sought to mint new digital tokens, causing the average transaction fee per block to rise to 18.62 btc.

Medium priority transactions cost $146, while high priority transactions cost around $170.

bitcoin Price Prepares for Bullish Rally Over Bullish Pennant

bitcoin price has been on an upward trajectory since November, and the bulls have sustained the bullish momentum to push the price to new highs. However, as of January this year, btc rose dramatically to a new all-time high (ATH) of $73,737.

btc has been fluctuating within this range, forming a bullish pennant pattern, and the bulls found stable support around $62,200. This support aims to push the price towards the upper limit of the bullish pennant.

bitcoin price is trading above the 200-day SMA, a confirmation of the upside potential. A sustained bullish stance could eventually push the price above the 50-day SMA, indicating another leg above $63,398.

Furthermore, the Relative Strength Index (RSI) is recovering from the oversold levels of 30 towards the mid-level of 50 at 45, indicating intense buying pressure.

bitcoin Price Prediction: Bulls Target $85,000

bitcoin price analysis shows that btc bulls are staging an uptrend reversal at the $62,200 support level, aiming to push the price above the upper boundary, targeting $85,000.

The RSI and golden cross at $28,142 support the bullish sentiment.

However, if the bears exert more pressure to break the critical support level of $60,000, btc could pull back to the next support around $47,300, coinciding with the 200-day SMA.

Meanwhile, as btc bulls continue to push the price higher, investors are also looking to purchase $99BTC, a platform that rewards users for learning about cryptocurrencies.

99Bitcoins crypto ICO Surpasses $570K: Best bitcoin Alternative to Buy Now?

He 99Bitcoins (99BTC) The platform has been a beacon in crypto education, using a simplified approach with interactive videos to make learning about the blockchain space easier and more fun.

99Bitcoins has more than 700,000 subscribers on its YouTube channel and more than two million people registered for the website's courses. Now that bitcoin has halved, more people than ever are interested in gaining knowledge to invest wisely in cryptocurrencies.

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With the twitter.com/hashtag/BitcoinHalving?src=hash&ref_src=twsrc%5Etfw”>#bitcoin Halving event just 9 days away, speculation is increasing: Is it twitter.com/search?q=%24BTC&src=ctag&ref_src=twsrc%5Etfw”>$btcWill the price skyrocket after the halving?

Dive deeper into our analysis of the potential price impact of this major supply shock.

Read more: https://t.co/zTA3n26nDltwitter.com/hashtag/99Bitcoins?src=hash&ref_src=twsrc%5Etfw”>#99Bitcoins twitter.com/hashtag/Halving?src=hash&ref_src=twsrc%5Etfw”>#Reduce by half twitter.com/hashtag/BullMarket?src=hash&ref_src=twsrc%5Etfw”>#Bull market

— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1778338447922544707?ref_src=twsrc%5Etfw”>April 11, 2024

The 99Bitcoins ICO aims to create a decentralized platform where people can learn about cryptocurrencies and leverage their education to earn tokens.

The Learn-to-Earn model uses a combination of gamification and a leaderboard rewards system to make users feel like their learning is generating tangible (spendable) benefits. Simply put, users earn cryptocurrency while learning about cryptocurrency.

The gamification aspect emerges through different learning resources, including interactive learning modules, quizzes and tutorials. Successful completion of these challenges raises a user's 99Bitcoins ranking, so the higher the ranking, the higher the payout.

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What is spatial computing? Discover how twitter.com/hashtag/Blockchain?src=hash&ref_src=twsrc%5Etfw”>#blockchain is transforming AR/VR, making immersive digital worlds more interactive and safe.

Dive deeper: https://t.co/2hlZYRFHBvtwitter.com/hashtag/99BTC?src=hash&ref_src=twsrc%5Etfw”>#99BTC twitter.com/hashtag/SpatialComputing?src=hash&ref_src=twsrc%5Etfw”>#SpatialComputing twitter.com/hashtag/Web3?src=hash&ref_src=twsrc%5Etfw”>#web3

— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1777275219423490318?ref_src=twsrc%5Etfw”>April 8, 2024

Initially launched as an ERC-20 cryptocurrency, 99BTC will join the BRC-20 token standard and later Join the growing ecosystem of projects built on the bitcoin blockchain.

99Bitcoins is also doing a massive airdrop worth $99,999 worth of bitcoin. This will only be for the first few followers who follow the instructions on the official website.

There is also another giveaway worth $9,999 bitcoin for three participants for following, retweeting or registering on the website.

There is also a participation mechanism that offers an annual percentage return of 3.385%.

crypto analysts and YouTuber Jacob Bury say 99BTC can turn a $1,000 investment into $10,000 upon launch.

The project has already amassed more than $578,000 in funds raised in 10 days as it moves toward the $1.1 million stage goal.

You can buy $99 btc now for $0.00101 per token. There will be a price increase in about three days, so shop soon if you're interested.

To participate in the pre-sale, You can buy $99BTC from the official website here.. You can use eth, USDT or a bank card.

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99Bitcoins (99BTC) – New token to learn how to earn

• Audited by solid evidence
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• Learn to Earn: Earn money to complete trading courses
• More than 700,000 YouTube communities