Bitcoin Price Prediction: BTC Jumps 5% as BlackRock Closes Grayscale and This Green ICO Soars Towards $9 Million

bitcoin price rose 5% in the last 24 hours bitcoin/”>listed at $67,502 at 00:01 am EST on trading volume increasing 29% to $30 billion.

This comes as analysis shows that BlackRock's bitcoin Spot ETF could overtake Grayscale's GBTC ETF in terms of bitcoin holdings in the next three weeks if the current pace of flows remains unchanged. changes.

The BlackRock ETF holds 243,500 btc as of March 24, worth more than $16 billion, with a daily inflow of approximately 4,120 in new btc. Grayscale, on the other hand, has an estimated amount of 350,252 btc worth $23 billion, but experiences outflows of approximately 4,140 btc per day.

BlackRock bitcoin ETF, $IRIt's been a huge success ($16 billion/243,000 btc in 11 weeks), but we're still very early pic.twitter.com/rGTTWMAjF0

— HODL15Capital (@HODL15Capital) March 25, 2024

bitcoin Price Bulls Prepared to Maintain Bullish Stance Above Ascending Triangle

The price of bitcoin has risen in recent weeks, reaching all-time highs of $73,737.

The recent price movements, trading within the ranges of $60,500 and $71,134, resemble a bullish ascending triangle pattern, suggesting potential for further price rise by the bulls, above the upper boundary of the pattern.

btc is trading above the 50-day and 200-day simple moving averages (SMA), affirming the collective bullish price sentiment.

Furthermore, the Relative Strength Index (RSI) is recovering from the mid-level of 50, currently at 65, showing intense buying pressure. If the bulls continue to push the price higher, the RSI could surpass the 70 overbought region, showing growing investor optimism.

The moving average convergence divergence (MACD) is also bullish as the moving average line (blue) crosses above the signal line (orange), representing a bullish crossover. A bullish crossover is an indication for bulls to increase their buying as the price may continue to rise.

Furthermore, the green bars on the histogram form above the neutral line, showing that btc is currently in bullish momentum. The 14 3 3 Stochastic Oscillator line (green) crosses above the trigger line (orange) and trades above oversold levels at 99, showing a bullish moving average crossover.

bitcoin price prediction

bitcoin price analysis shows a bullish bias as the bulls aim to break above the upper boundary of the ascending triangle, targeting $80,000. Both the Stochastic Oscillator and the MACD offer optimistic investors a bullish outlook for the price.

However, both the stochastic oscillator and the RSI show that the asset is overbought, which could lead to a price correction. In this scenario, the bears could take control of the price, pushing it through a pullback, with $63,000 acting as the immediate support zone.

As the price of btc soars, investors may consider diversifying their holdings through Green bitcoin, a btc alternative that analysts say has the potential to rise 10x upon launch.

Green bitcoin surpasses $8.7 million: last buying opportunity before pre-sale ends

He Green bitcoin (GBTC) The pre-sale is coming to an end, having already raked in over $8.7 million as it approaches the $9 million mark. Green bitcoin is an eco-friendly alternative to bitcoin that focuses on environmental sustainability.

With the listings of decentralized and centralized exchanges not far behind, the momentum that green bitcoin is generating is becoming intense.

We love movement! pic.twitter.com/QeOhyUA35f

—GreenBitcoin (@GreenBTCtoken) March 23, 2024

The project merges the traditional attributes of bitcoin with the ecological characteristics of the ethereum network.

Introducing Green bitcoin – a revolutionary prediction-to-earn token.

Join us on our gamified green betting platform, where your predictions can turn into profits!

Website: https://t.co/dG5cEeCtRs
Telegram: https://t.co/bWanoe0vHv pic.twitter.com/eXuGQBkxio

—GreenBitcoin (@GreenBTCtoken) December 3, 2023

Green bitcoin introduces the Gamified Green Staking system, which allows users to stake the native GBTC tokens while earning rewards for accurately predicting the price of bitcoin.

Buy and stake $GBTC, earn rewards

You also can $GBTC stake, which earns an impressive 77% Annual Percentage Yield (APY). Investors on the platform have already staked over 7.5 million tokens.

According to Jacob Bury, a popular crypto analyst and YouTuber, green bitcoin has the potential to grow 10x after launch.

To participate in the pre-sale, you can invest now for only $1.1062 before the pre-sale ends.

You can buy $GBTC tokens at the official website of bitcoin Verdewhere you can exchange eth or USDT for $GBTC, or buy them directly with your bank card.

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Green bitcoin: gamified green bet

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• Contract audited by Coinsult
• Early Access Presale Live Now – greenbitcoin.xyz
• Predict to Win – Featured on Cointelegraph
• Staking Rewards and Token Bonuses
• Over $7 million raised – Ends soon

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