Bitcoin Price Prediction: BTC Soars 4% Ahead of Donald Trump's Bitcoin 2024 Speech in Nashville and Traders Rush to Buy 99 BTC Before Listing

bitcoin price rose 4% over the past 24 hours to trade at $67,340 as of 07:23 am EST.

The announcement comes amid excitement for the 2024 bitcoin Conference in Nashville, Tennessee, where several billionaires from different industries are waiting to speak. Republican candidate and former US President Donald Trump is among them and will be the keynote speaker.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”7.2832369942197″>

He twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin The 2024 conference kicks off today in Nashville.

The speaker lineup looks crazy. image.twitter.com/98qdjaUVbB

— Lark Davis (@TheCryptoLark) twitter.com/TheCryptoLark/status/1816437526820696428?ref_src=twsrc%5Etfw”>July 25, 2024

Trump set a price of $844,600 (13.20 btc) for a panel discussion at the Nashville bitcoin Conference at his own private event. Photos with Trump cost $60,000 per person, or $100,000 per couple, as part of his presidential bid fundraising.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”12.991452991453″>

Absolutely crazy. In the twitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin At the 2024 conference, Trump will hold a “roundtable” session before his remarks. To attend with him, it will cost $844,000. If you don't want to attend the roundtable, but just want a photo with him, you can pay $100,000 per couple or $60,000 per person. image.twitter.com/4izWXW75sd

— DΛVID (@DavidShares) twitter.com/DavidShares/status/1814359587241275467?ref_src=twsrc%5Etfw”>July 19, 2024

Trump has given cryptocurrencies and bitcoin a key role in his presidential campaign ahead of the November election. This began with his decision to accept cryptocurrency donations to facilitate his campaign. Reports indicate that donations have surpassed $4 million as of July 26.

Trump campaign aide Brian Hughes stressed the importance of this new source of funding.

“Cryptocurrency innovators and others in the tech sector are under attack from Kamala Harris and the Democrats,” he said. bitcoin-other-cryptocurrencies.html” target=”_blank” rel=”nofollow noopener”>saying“While the Biden-Harris administration stifles innovation with more regulations and higher taxes, President Trump is eager to encourage American leadership in this and other emerging technologies.”

In a separate development, rival presidential candidate Robert Kennedy Jr., who is running independently, proposed a $615 billion investment in bitcoin if he wins the November election.

If successful, it will effectively equate the country's bitcoin reserves with its gold holdings. The commitment comes as it aims to make the United States the world's largest bitcoin holder.

bitcoin Price Prediction

bitcoin price is trading in an uptrend, holding well above the 50% Fibonacci level of $63,558. It comes after a series of higher highs over the past few weeks. The pioneer cryptocurrency has broken out of the Fibonacci golden zone as it crossed above the 38.2% Fibonacci level of $65,921.

There are prospects for further gains, with the Relative Strength Index (RSI) well above the mid-50 level. Similarly, the Moving Average Convergence Divergence (MACD) is above its signal line, showing that buying pressure is outstripping selling momentum. Notably, the RSI is also making higher highs, showing that momentum has been building over the past few days.

If the bulls increase their buying power, bitcoin price could extend the rise until it reaches the 23.6% Fibonacci retracement level of $68,844. A candle close above the mentioned level would encourage more buy orders, which could send the pioneer cryptocurrency further higher.

In a highly bullish scenario, gains could be extrapolated to the top of the market range at $73,570, levels last tested in mid-March. Surpassing this barrier would allow the pioneer cryptocurrency to record a new all-time high.

<img decoding="async" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201366%20768'%3E%3C/svg%3E" alt="bitcoin Price” width=”1366″ height=”768″ data-lazy-srcset=”https://technicalterrence.com/wp-content/uploads/2024/07/Bitcoin-Price-Prediction-BTC-Soars-4-Ahead-of-Donald-Trump39s.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-300×169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-1024×576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-768×432.png 768w” data-lazy-sizes=”(max-width: 1366px) 100vw, 1366px” data-lazy-src=”https://technicalterrence.com/wp-content/uploads/2024/07/Bitcoin-Price-Prediction-BTC-Soars-4-Ahead-of-Donald-Trump39s.png”/>

<img decoding="async" src="https://technicalterrence.com/wp-content/uploads/2024/07/Bitcoin-Price-Prediction-BTC-Soars-4-Ahead-of-Donald-Trump39s.png" alt="bitcoin Price” width=”1366″ height=”768″ srcset=”https://technicalterrence.com/wp-content/uploads/2024/07/Bitcoin-Price-Prediction-BTC-Soars-4-Ahead-of-Donald-Trump39s.png 1366w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-300×169.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-1024×576.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/Bdd-768×432.png 768w” sizes=”(max-width: 1366px) 100vw, 1366px”/>

eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed” target=”_blank” rel=”nofollow noopener”>GeckoTerminal: btc/USD 1-day chart

Conversely, if traders start booking profits on the gains made, the bitcoin price could start falling. A break and close below the 50% Fibonacci level of $63,558 would increase the odds of a further decline. However, the bullish thesis can only be invalidated once btc breaks and closes below $53,547. This lower low would signify a change in the market structure.

As bitcoin begins to play a larger role in American politics, traders are rushing to buy 99Bitcoins (99BTC), which has just surpassed $2.5 million in funds raised.

According to Gossipator, a popular YouTube channel with over 11,600 subscribers, the project offers an “easy 100X.”

Promising alternative to bitcoin

99BTC is the native cryptocurrency of the 99Bitcoins ecosystem, a long-standing educational platform that is pioneering a new “learn to earn” rewards model.

This innovative project incentivizes learning through a unique combination of gamification and a leaderboard reward system.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”12.473087818697″>

Revolutionizing twitter.com/hashtag/Learn2Earn?src=hash&ref_src=twsrc%5Etfw”>#LearnToWin!

Why it's the future:

With the $99BTC token, you can earn rewards by simply expanding your twitter.com/hashtag/Cryptocurrency?src=hash&ref_src=twsrc%5Etfw”>#Cryptocurrency knowledge.

The numbers:

– 79 hours of courses
– 709 thousand followers
– 2.85 million subscribers

Have a look: https://t.co/NXD7DAamqrtwitter.com/hashtag/bitcoin?src=hash&ref_src=twsrc%5Etfw”>#bitcoin image.twitter.com/rtBrEJjaZA

— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1787063963382939801?ref_src=twsrc%5Etfw”>May 5, 2024

This ensures that users feel that their learning is generating tangible and therefore usable benefits. You earn crypto while learning about crypto.

<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”9.7964285714286″>

Our twitter.com/hashtag/Presale?src=hash&ref_src=twsrc%5Etfw”>#Presale It's almost over!

Secure your $99 btc tokens now before the final price increase!

Pre-sale ends on August 6th at 14:00 UTC. Don't miss out! twitter.com/hashtag/99Bitcoins?src=hash&ref_src=twsrc%5Etfw”>#99Bitcoins twitter.com/hashtag/btc?src=hash&ref_src=twsrc%5Etfw”>#btc twitter.com/hashtag/crypto?src=hash&ref_src=twsrc%5Etfw”>#Cryptocurrencies photo.twitter.com/ggU70617jT

— 99Bitcoins (@99BitcoinsHQ) twitter.com/99BitcoinsHQ/status/1815681279595049211?ref_src=twsrc%5Etfw”>July 23, 2024

Investors can also earn passive returns through the project’s staking model, which offers an astonishing 681% annual percentage yield (APY). Staking is an opportunity to passively increase your income, while holding your tokens in reserve and waiting for the launch.

99BTC tokens are priced at $0.00115. In less than 4 days there will be a price increase and the pre-sale will end on August 6th, so buy now at the best price before it's too late.

Visit and buy 99Bitcoins here.

Read also: