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bitcoin price soared 3% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>to be traded at $63,375 at 12:50 a.m. EST even as trading volume fell 11% to $41.7 billion.
This comes after the Bank of Japan (BOJ) left key interest rates unchanged at its September monetary policy meeting and indicated it is in no rush to raise rates.
bitcoin price prepares for a continuation of the bullish trend
bitcoin price has recently taken advantage of the cup and handle pattern to surge above the $63,000 level, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>GeckoTerminal.
btc has now broken above the 50-day and 200-day simple moving averages (SMA), confirming the bullish trend.
The Relative Strength Index also appears to be recovering above the mid-50 level, currently at 64, while rising towards the overbought region of 70, showing that the token is currently under intense buying pressure.
Furthermore, the moving average convergence/divergence shows that the bitcoin price is currently in positive momentum.
If this momentum continues, btc could continue to rise as bulls target $66,600.
However, if the bears take control of the price at this level, the bitcoin price could again drop to the 50-day simple moving average (SMA) at $59,774.
<img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/09/Bitcoin-Price-Prediction-As-BTC-Surges-3-Traders-Turn-to.png" alt="Graphical analysis of the price of bitcoin Source: GeckoTerminal.com” width=”1273″ height=”532″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/09/Bitcoin-Price-Prediction-As-BTC-Surges-3-Traders-Turn-to.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-20_10-32-19-300×125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-20_10-32-19-1024×428.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-20_10-32-19-768×321.png 768w” sizes=”(max-width: 1273px) 100vw, 1273px”/>
Meanwhile, investors are also buying into the new Solana project GameFi Mega Dice (DICE)which has raised over $1.87 million in pre-orders, with just 9 days left.
According to 99Bitcoins, a prominent cryptocurrency YouTube channel with over 706,000 subscribers, $DICE has the potential to skyrocket 100x after its launch.
Mega Dice Pre-Sale Surpasses $1.87 Million: The Next Rollbit Coin?
Mega Dice The casino has over 11,000 monthly active users wagering over $50 million each month.
It offers a wide selection of over 4,000 casino games, along with over 50 options for sports and eSports betting, making it a top-notch destination for crypto gaming enthusiasts.
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Another impressive one twitter.com/hashtag/BIGWIN?src=hash&ref_src=twsrc%5Etfw”>#BIG WIN in twitter.com/hashtag/FistOfDestruction?src=hash&ref_src=twsrc%5Etfw”>#FistOfDestruction by twitter.com/hacksawgaming?ref_src=twsrc%5Etfw”>@gamesofthedeerformen
This Mega Dice player won $7609.20 on a $3 bet
Watch the BIG win here image.twitter.com/Mr3sRk1k21
-Mega Dice Casino (@megadice) twitter.com/megadice/status/1813861333692989537?ref_src=twsrc%5Etfw”>July 18, 2024
Token holders also have the opportunity to share in the casino's daily profits through its unique staking system.
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Start betting your twitter.com/search?q=%24DICE&src=ctag&ref_src=twsrc%5Etfw”>$DICE tokens!
We are pleased to announce that our staking pools are officially open – stake your tokens now! twitter.com/search?q=%24DICE&src=ctag&ref_src=twsrc%5Etfw”>$DICE to get amazing APYs
This solidifies twitter.com/search?q=%24DICE&src=ctag&ref_src=twsrc%5Etfw”>$DICE as the #1 GameFi token in SOL. Whether you choose to play or gamble, you'll win BIG with Mega Dice! … photo.twitter.com/dKcwvGomO7
-Mega Dice Casino (@megadice) twitter.com/megadice/status/1808440395296026872?ref_src=twsrc%5Etfw”>July 3, 2024
To join the pre-sale, You can buy $DICE on the official website here for $0.116056 per token using BNB, eth or SOL. You can also earn 10% on any purchases made by the investors you refer.
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Mega Dice: GambleFi's Newest Token
- Established crypto Betting Brand
- Featured on Cointelegraph: Telegram's first licensed casino
- Pre-sale is now available: megadicetoken.com
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