Bitcoin Price Prediction: As University of Wyoming Launches BTC Research Institute, Investors Flock to This 675% APY Cryptocurrency to Learn How to Earn

bitcoin price rose 3% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>to be traded at $69,305 at 12:32 p.m. EST on trading volume that fell 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).

The institute, which is set to open next month, aims to provide high-quality, peer-reviewed studies on bitcoin, positioning the BRI as a crucial resource for academic and public understanding of the technology.

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ANNOUNCEMENT: The University of Wyoming has established the UW bitcoin Research Institute. https://t.co/qDuYZGmnxo

The BRI aims to produce high-quality peer-reviewed publications on bitcoin from all academic disciplines.

First act: hiring twitter.com/resistancemoney?ref_src=twsrc%5Etfw”>@ResistenciaMoney!

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– ₿radley Rettler (@rettlerb) twitter.com/rettlerb/status/1817560448302031338?ref_src=twsrc%5Etfw”>July 28, 2024

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 to ensure the public is informed about bitcoin and how it works.

bitcoin Price to Continue Uptrend Above $70,000

bitcoin price has been on the rise over the past two weeks with an increase of 11%. However, on July 25, btc suffered a slight drop to the $64,000 support level before recovering to cross the $69,000 resistance yesterday, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>GeckoTerminal.

The price movements of the past four days have formed an ascending triangle pattern, with the bitcoin price already retrying the upper boundary of the triangle.

btc price is also trading above the 50-day and 200-day simple moving averages (SMA), confirming sustained bullish momentum on the upside.

Moreover, the Relative Strength Index (RSI) line indicates that the asset is under intense buying pressure, as it rushes towards the overbought region of 70, currently at 63.

The moving average convergence divergence (MACD) pattern could encourage buying action as the MACD lines are trading above the neutral line. The blue MACD line is also crossing above the orange signal line, indicating a bullish crossover, which could encourage buyers to take more positions.

bitcoin Price Prediction

According to bitcoin price analysis on the 1-hour chart, btc is currently in a strong bullish momentum. The bulls are aiming to propel 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, bitcoin price could retrace to $66,565 (200-day SMA), which acts as a cushion against downside pressure in the near term.

Meanwhile, other investors are rushing to buy the new 99 Bitcoins (99 btc) Pre-sale with only 8 days left until closing.

99Bitcoins Pre-Sale Raises Over $2.5 Million – Buy Now Before Pre-Sale Ends on August 6

The 99Bitcoins platform has become a vital resource for newcomers delving into the intricacies of the cryptocurrency world, especially with the recent surge in popularity. The platform has over 2 million registered users on its courses and over 700,000 subscribers on its YouTube channel.

Its latest innovation is the launch of its ICO, which is driving an innovative Learn-to-Earn (L2E) model. The project is designed to gamify cryptocurrency education by allowing its users to take on challenges and complete lessons to earn higher rankings and rewards via $99 btc tokens.

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Go 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”>#Spatial Computing 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

99Bitcoins will initially launch its token as an ERC-20 token, but will later integrate it into the bitcoin network using the BRC-20 token standard.

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Introducing $99BTC in BRC-20!

Since 2013, twitter.com/hashtag/99Bitcoins?src=hash&ref_src=twsrc%5Etfw”>#99Bitcoins It has been the reference resource for learning 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”>#DecentralizedApplications at the top of the twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin net!twitter.com/hashtag/LearnToEarn?src=hash&ref_src=twsrc%5Etfw”>#LearnToWin Reward users on the bitcoin blockchain.

— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1785308220677853254?ref_src=twsrc%5Etfw”>April 30, 2024

Buy and stake $99 btc for 675% annual return

Token holders can also earn passively the project participation optionoffering an annual percentage yield (APY) of 675%.

Cryptocurrency YouTube influencer Jacob Bury says the 99Bitcoins token could turn a $1,000 investment into $10,000 after its launch.

You can buy $99BTC tokens now for $0.00115 each. The price will go up in about a day, so buy early to get the best deal.

To join the pre-sale, Buy $99 btc from the official website here using eth, USDT or a bank card.

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