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bitcoin price fell 3% in the last 24 hours bitcoin/”>trading at $57,656 at 02:34 am EST on trading volume which increased 1% to $43.9 billion.
The announcements came at the end of the two-day meeting of the Federal Open Market Committee (FOMC). Pressing the pause button again, interest rates remained at 5.25%.
bitcoin price to surpass $66,766 resistance
bitcoin price has been trading within a consolidation channel around the $72,000 and $64,000 range, with bulls and bears fighting for dominance. The bears won the fight, which pushed the price to $60,000 and rose again to the resistance of $66,766, forming a rounded bottom pattern.
However, the bears appear to have taken control, pushing btc down through a falling wedge pattern. The bearish trend is dominant and the price falls below the lower boundary of the descending wedge.
btc is also trading below the 50- and 200-day SMA, coinciding with the price falling further below the critical support at $64,000.
Furthermore, the Relative Strength Index (RSI) is also trading below the mid-50 level in the oversold region of 30 at 34 and aims to move north as the price rises. If the bulls maintain the breakout above $56,500, the RSI could spike to the mid-50 level, an indication of intense buying pressure.
bitcoin price prediction
bitcoin price analysis indicates that btc bulls are making a break above the $56,500 support zone.
The bulls aim to capitalize on the rounded bottom formation and falling wedge patterns to push the price above the resistance at $66,766, while targeting $70,000.
However, if the bears continue to apply pressure, btc could still fall to the next support around $55,800.
Meanwhile, as btc bulls aim to push the price higher, investors are also buying $99 btc as its pre-sale soars to near $1 million raised.
99Bitcoins: The Next 100X Cryptocurrency to Buy Now?
99Bitcoins (99BTC) is one of the leading crypto educators, with over 700,000 subscribers on the YouTube channel and over two million registered courses on the website.
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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.
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— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1777275219423490318?ref_src=twsrc%5Etfw”>April 8, 2024
The project's ICO aims to revolutionize crypto education with its Learn-to-Earn model, which gives investors the opportunity to earn passively by learning about blockchain. Completing courses earns $99BTC, which is similar to a cashback rewards program.
The project also integrates with BRC-20, allowing the creation of dApps on the bitcoin network.
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Introducing $99BTC in BRC-20!
Since 2013, twitter.com/hashtag/99Bitcoins?src=hash&ref_src=twsrc%5Etfw”>#99Bitcoins has been the reference resource to learn about twitter.com/hashtag/Cryptocurrency?src=hash&ref_src=twsrc%5Etfw”>#Cryptocurrency.
We are launching a platform that allows the construction of twitter.com/hashtag/dApps?src=hash&ref_src=twsrc%5Etfw”>#dApps at the top of the twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin network!twitter.com/hashtag/LearnToEarn?src=hash&ref_src=twsrc%5Etfw”>#LearnToWin rewards users on the bitcoin blockchain.
— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1785308220677853254?ref_src=twsrc%5Etfw”>April 30, 2024
99Bitcoins also has a betting platform, where investors can bet $99 btc for an impressive 1,855% Annual Percentage Yield (APY). Users can also benefit from the ongoing $99,999 btc community airdrop, with winners to be announced on July 19.
According to Jacob Bury, a YouTuber and crypto analyst, investing in 99BTC could turn $1,000 into $10,000.
You can buy 99BTC tokens now for $0.00103. With a price increase in less than five days, buy soon for the best price.
To join the pre-sale, You can buy $99BTC from the official website here.. You have the option to purchase the tokens using eth, USDT or a bank card.
Related news
99Bitcoins (99BTC) – New token to learn how to earn
- Audited by solid evidence
- Established brand: founded in 2013
- Free Airdrop – Win a Share of $99,999
- Learn to Earn: Earn money to complete trading courses
- More than 700,000 YouTube communities
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