Bitcoin Price Prediction: BlackRock's BTC ETF Sees Biggest Inflows Since March as Investors Flock to the Learning-to-Make Token with 685% APY

bitcoin price fell 1% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>to be traded at $67,424 at 12:50 a.m. EST on trading volume that increased 46% to $42 billion.

This comes as bitcoin spot ETFs (exchange-traded funds) have racked up more than $17 billion in inflows since their launch in January, a new record driven primarily by BlackRock’s IBIT.

IBIT recorded its biggest day of inflows since March, with more than $523 million entering the fund on Monday. BlackRock purchased 7,759 bitcoins on July 22, bringing its total to 333,000 btc, equivalent to roughly $22 billion.

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BlackRock buys 7,759 btc ($523 million)!

HUGE image.twitter.com/RgFXSSjOt0

– Julián Conductor (@Julian__Fahrer) twitter.com/Julian__Fahrer/status/1815532825619435941?ref_src=twsrc%5Etfw”>July 22, 2024

bitcoin price continues its rise in the ascending triangle

The price of bitcoin has been on the rise in July, rising 16% in the past two weeks, according to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>GeckoTerminalIt rose from the $58,000 support zone to rise to $68,444, which acted as an immediate support zone as bitcoin price fluctuated within an ascending triangle pattern.

btc price is eyeing an upside breakout as the asset is trading above the 50-day and 200-day simple moving averages (SMA), confirming the bullish rally.

Moreover, the Relative Strength Index (RSI) is bouncing off the mid-50 level as it targets a breakout above. Trading within the mid-50 level shows that the price is in balance as bulls aim to push the token higher.

bitcoin Price Prediction

According to the bitcoin price analysis on the 1-hour chart, the bulls are aiming to use the ascending triangle pattern to propel the token higher as they target the $71,247 level.

Furthermore, according to 10X Research founder Markus Thielen, there is a strong possibility that Republican candidate Donald Trump will surprise everyone by announcing that he will make bitcoin a strategic reserve asset at the upcoming bitcoin 2024 conference in Nashville on July 25.

This could mean some bullish prospects for the bitcoin price in the coming weeks.

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BREAKING: Taking profits on bitcoin ahead of Trump conference could be a “costly exercise,” says analyst

Markus Thielen, founder of 10x Research, fully expects Trump to win the November election, which would trigger an early departure of SEC Chairman Gary Gensler.

— Best CallBot (@CallBotCrypto) twitter.com/CallBotCrypto/status/1815433648641839393?ref_src=twsrc%5Etfw”>July 22, 2024

However, if the bears take control of the price to break the critical support at $67,000, the btc price could retreat further to $62,684.

Meanwhile, bitcoin investors are also interested in another bitcoin-linked project called 99Bitcoins (99BTC), which has just surpassed $2.5 million in funds raised in its pre-sale.

Jacob Bury, a prominent cryptocurrency YouTuber, believes that 99BTC has the potential to turn $1,000 into $10,000 after launch.

99Bitcoins Pre-Sale Surpasses $2.5 Million: Best Cryptocurrency to Buy Now?

99Bitcoins has been a sensation in the cryptocurrency space. It is an educational platform with over 700,000 subscribers on its YouTube channel and over 2 million people enrolled in the website’s courses.

99Bitcoins uses a simplified approach to education with interactive videos to make learning about any topic in the space easier and more fun.

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

Deepen: 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 is now preparing to create a decentralized platform that will allow users to learn more about cryptocurrencies and earn tokens by leveraging their education.

It will enhance the learning experience by gamifying bitcoin education. Users who complete challenges and lessons will earn higher rankings and $99 btc tokens as rewards.

99Bitcoins also integrates with BRC-20, allowing users to easily build 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 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 to get 685% annual rewards

The team has already reserved 14% of the total supply of 99 billion tokens for staking rewards so you can earn passively through The platform's staking mechanismThis offers an impressive annual percentage yield (APY) of 685%.

You can buy 99 btc now for $0.00114. But, since the price will go up in about an hour, interested investors should buy quickly to secure the best deal.

To join the pre-sale, Buy $99 btc from the official website hereYou have the option to purchase the tokens using eth, USDT or a bank card.

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