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bitcoin price soared almost 4% in the last 24 hours eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>trading at $62,759 at 11:12 pm EST on trading volume which increased 1% to $30 billion.
This comes as MicroStrategy co-founder Michael Saylor says the company aims to become a “bitcoin bank” with a $1 trillion valuation.
bitcoin Price Points to Sustained Bullish Rally
According to data from eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed”>Terminal Geckobitcoin price has been consolidating since early September, trading within the $57,000 and $66,000 resistance.
btc has recently bounced from the fair value gap (FVG) around $59,000, supporting the bullish rally, crossing the resistance at $62,500.
bitcoin price is now trading above the 50-day and 200-day SMA, further supporting bullish sentiments.
Furthermore, the Relative Strength Index (RSI) is rising above the mid-level of 50, currently at 57 and rising, proving that the bulls have the upper hand.
The moving average convergence divergence (MACD) also supports the bullish movement when it crosses the neutral line. The blue MACD line also crosses above the orange signal line, indicating that btc is currently in positive momentum.
bitcoin price prediction
Based on the btc/USD chart analysis on the 4-hour period, bitcoin price could continue to rise as bulls aim to push btc to the next resistance of $66,000 in the coming days.
However, if the bears take control here, bitcoin price may fall back to the $60,000 support level at the FVG upper boundary.
Meanwhile, as bitcoin price points to a bullish rally, some investors are turning to pre-sale meme coins like the newly launched one. Flockerz (FLOCK) for more explosive upside potential.
The new Flockerz pre-sale raises more than $644 thousand
Offering a new and unique concept with its Vote-to-Earn (V2E) platform, flockerz It has already raised more than $644 thousand in its pre-sale.
<blockquote class="twitter-tweet” data-width=”550″ data-dnt=”true” wp_automatic_readability=”5.3925925925926″>
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
Investors are flocking to the Flockerz pre-sale because, unlike most meme coins, it is actually empowering its community to be the key decision makers of the project.
With its industry-first V2E mechanism, Flockerz hands control over to its community, allowing members to direct the direction of the project and receive compensation for their contributions.
This change is driven by the launch of FlockTopia, a platform that redefines decentralization by ensuring that critical decisions about the future of the token are made by the community rather than a select few.
The innovative V2E system rewards participants for their commitment, allowing holders to earn $FLOCK tokens simply by casting votes on the future direction of the project.
In addition to V2E rewards, users can also earn passively through the platform. betting mechanismwith a whopping 2,714% Annual Percentage Yield (APY). More than 66 million $FLOCK tokens have already been staked.
According to 99Bitcoins, a popular cryptocurrency YouTube channel with over 706,000 subscribers, $FLOCK has the potential to rise 100x after its launch.
To join the pre-sale, You can buy $FLOCK on the official website here. for $0.0057469 per token using BNB, eth, USDT or bank cards. Buy before the price goes up in less than 24 hours to get the best deal.
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