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bitcoin price fell a fraction of a percent in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>trading at $63,006 As of 3:21 a.m. EST, trading volume fell 19% to $26.8 billion.
This comes after Peter Todd denied the conclusion of an HBO documentary, “Electric Money: The bitcoin Mystery.”He is the enigmatic creator of btc, Satoshi Nakamoto.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”9.6509433962264″>
HBO says twitter.com/peterktodd?ref_src=twsrc%5Etfw”>@peterktodd It's satoshi and his answer was perfect
“This is going to be really fun when you put it in the documentary and a bunch of bitcoiners see it.”
-Eric Yakes (@ericyakes) twitter.com/ericyakes/status/1843826753246245377?ref_src=twsrc%5Etfw”>October 9, 2024
“For the record. “I am not Satoshi,” Todd told CNN in a statement. Todd accuses the documentary of being “irresponsible” and endangering his life.
The documentary's conclusion that Todd is Satoshi was largely circumstantial. It focuses on Todd's early involvement with bitcoin and his connections with other key figures, such as prominent cryptographer Adam Back.
bitcoin price points to a breakout
This month, bitcoin price is seeing bulls trying to overcome the $63,576 resistance, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>Terminal Gecko. However, the price seems to be consolidating between this resistance and the support at $61,623 within a sideways pattern.
bitcoin price is currently between the 50 and 200 simple moving averages (SMA), often a zone of consolidation or indecision. A clear break above both SMAs could signal the start of bullish momentum, while rejection here could trigger a further decline.
The RSI is currently at 47.32, which is in neutral territory. This suggests that the price is neither very overbought nor oversold, indicating indecision or a possible consolidation phase.
There has been no clear bullish or bearish divergence visible, so the RSI alone does not indicate any significant price movement yet.
If the bulls gain momentum at this level, bitcoin price may break out of the sideways pattern as they target $64,975.
<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201273%20548'%3E%3C/svg%3E" alt="bitcoin Price Chart Analysis Source: GeckoTerminal.com” width=”1273″ height=”548″ data-lazy-srcset=”https://technicalterrence.com/wp-content/uploads/2024/10/Bitcoin-Price-Prediction-As-Peter-Todd-denies-new-HBO-documentary39s.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-300×129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-1024×441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-768×331.png 768w” data-lazy-sizes=”(max-width: 1273px) 100vw, 1273px” data-lazy-src=”https://technicalterrence.com/wp-content/uploads/2024/10/Bitcoin-Price-Prediction-As-Peter-Todd-denies-new-HBO-documentary39s.png”/>
<img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/10/Bitcoin-Price-Prediction-As-Peter-Todd-denies-new-HBO-documentary39s.png" alt="bitcoin Price Chart Analysis Source: GeckoTerminal.com” width=”1273″ height=”548″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/10/Bitcoin-Price-Prediction-As-Peter-Todd-denies-new-HBO-documentary39s.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-300×129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-1024×441.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-768×331.png 768w” sizes=”(max-width: 1273px) 100vw, 1273px”/>
On the contrary, if the bears take control, bitcoin price may drop below the support zone and fall back to the $60,000 support, which could form a double bottom pattern.
Meanwhile, some investors are diversifying their portfolios with the new meme currency. Flockerz (FLOCK)which has already accumulated more than $546,000 in pre-sales in just a few weeks since its launch.
According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 706,000 subscribers, $FLOCK has the potential to rise 100x after its launch.
Flockerz Pre-Sale Earns Over $546K in Pre-Sale
flockerz is a project that aims to redefine decentralization in the world of meme currencies by empowering its community, “The Flock”, to guide the future of the project.
The core of Flockerz is FlockTopia, where every holder has a say and earns rewards through an innovative Vote-To-Earn (V2E) system.
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The flock flies high! We have officially surpassed $300k! pic.twitter.com/MsLc5PeoyX
—Flockerz (@FlockerzToken) twitter.com/FlockerzToken/status/1840049282889724227?ref_src=twsrc%5Etfw”>September 28, 2024
In Flocktopia, “The Flock” makes collective decisions about the future of the project. Each member has a voice, creating a truly decentralized and inclusive environment.
In addition to V2E rewards, users can also earn passively through the platform. betting mechanismwith a very high annual return of 3,354%.
To join the pre-sale, You can buy $FLOCK on the official website here. for $0.005724 per token using BNB, eth, USDT or a bank card.
Buy before the price rises in just under 1 day to secure the best deal.
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