Token

FOMO

Bitcoin

<p><span style="font-weight: 400;">The Bitcoin price rose a fraction of a percent in the last 24 hours</span><a href="https://www.coingecko.com/en/coins/bitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;"> to trade at $52,229</span></a><span style="font-weight: 400;"> as of 8:15 a.m. EST.&nbsp;</span></p>
<p>But analysts remain bullish on the king of cryptocurrencies. <span style="font-weight: 400;">Jan Happel and Yann Allemann, the co-founders of Glassnode, say that Bitcoin (BTC) could soar as high as $65,000 amid FOMO (fear of missing out) after the BTC price blasted past $52,000.</span></p>
<p>“BTC has left the building,” they tweeted under the pseudonym Negentropic. “Or more correctly, has taken off in a big way! Next we see at $58,000 before $65,000. ATHs here we come! The big BTC bull continues.”</p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Remember the "massive pullback" in <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BTC</a> in January 2024?</p>
 <p>Try see if you can spot it here….😉 BTC now close to surpassing the level from intro of BTC ETF.</p>
 <p>Major rallies are accompanied with large pullbacks. That is simply the name of the game!<br>Embrace it – or don't put your… <a href="https://t.co/ZPjhaMlHlW" rel="noopener noreferrer nofollow">pic.twitter.com/ZPjhaMlHlW</a></p>
 <p>— 𝗡𝗲𝗴𝗲𝗻𝘁𝗿𝗼𝗽𝗶𝗰 (@Negentropic_) <a href="https://twitter.com/Negentropic_/status/1757004894202913247?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 12, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<h2 id="span-style-font-weight-400-bitcoin-price-breaks-above-52-000-resistance-poised-to-surpass-69-000-ath-span"><span style="font-weight: 400;">Bitcoin Price Breaks above $52,000 Resistance, Poised To Surpass $69,000 ATH</span></h2>
<p><span style="font-weight: 400;">The Bitcoin price has broken above the cup and handle pattern as bulls aim to surpass the all-time high of $69,000.</span></p>
<p><img decoding="async" class="alignnone wp-image-481363 size-full" src="https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17.png" alt="bitcoin Price" width="1623" height="697" srcset="https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17.png 1623w, https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17-300x129.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17-1024x440.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17-768x330.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/02/BTCUSDT_2024-02-16_16-55-17-1536x660.png 1536w" sizes="(max-width: 1623px) 100vw, 1623px"></p>
<p><span style="font-weight: 400;">BTC/USDT&nbsp; Analysis by Tradingview</span></p>
<p><span style="font-weight: 400;">The cup and handle pattern above support the anticipated bull rally past the bitcoin price’s all-time high of $69000. The price has crossed above the cup’s neckline, signalling traders to add more buy positions.&nbsp;</span></p>
<p><span style="font-weight: 400;">The technical indicators are generally bullish. The 50-day and 200-day simple moving averages (SMAs) provide immediate price support, giving the bulls the launchpad to push prices higher. Furthermore, the SMAs indicate a golden cross at $29,000, affirming the momentum.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is trending above the overbought level of 70 at 82, indicating intense buying pressure for the Bitcoin price.</span></p>
<p><span style="font-weight: 400;">The MACD trades above the neutral position, with the blue line crossing the orange signal line. The positive histogram, trading above the neutral position, confirms the bull rally ahead.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-targets-new-ath-at-80-000-span"><span style="font-weight: 400;">Bitcoin Price Targets New ATH At $80,000</span></h2>
<p><span style="font-weight: 400;">The bulls have shown resilience, pushing the price back up above the $50,000 level and forming the handle part of the pattern after a short correction by the bears.</span></p>
<p><span style="font-weight: 400;">The buyers are now capitalizing on the cup and handle pattern, signalling a bullish trend as the Bitcoin price aims to reach a new all-time high of $80,000 in the coming weeks. This amounts to a 55% increase from its current price, a climb equivalent to the depth of the cup.</span></p>
<p>Even amid the bullish outlook for Bitcoin, investors with an appetite for higher risk might want to consider a Bitcoin derivative that’s primed to ride on its coattails, only with greater upside potential to match the risk profile. BTCMTX is one such project.</p>
<h2 id="span-style-font-weight-400-a-promising-cloud-mining-project-with-potential-100x-gains-span"><span style="font-weight: 400;">A Promising Cloud Mining Project With Potential 100x Gains</span></h2>
<p><a href="https://insidebitcoins.com/visit/bitcoinminetrix/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Minetrix</span></a><span style="font-weight: 400;"> aims to make Bitcoin cloud mining cheaper and more secure through decentralization. </span><span style="font-weight: 400;">The platform offers access to cloud mining at a low entry compared to other cloud mining platforms, and enables investors to earn BTC through its stake-to-mine feature.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Welcome to <a href="https://twitter.com/hashtag/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#BitcoinMinetrix</a>: Your entrance to streamlined <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Bitcoin</a>&nbsp; mining! 🚀⛏️</p>
 <p>Experience tokenized cloud mining, making <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> mining accessible to all securely and transparently.</p>
 <p>Bid farewell to third-party scams and seize control of your mining adventure! 🌐🔒 <a href="https://t.co/QesqsnccFi" rel="noopener noreferrer nofollow">pic.twitter.com/QesqsnccFi</a></p>
 <p>— Bitcoinminetrix Service Team (@bitcoinminetSTM) <a href="https://twitter.com/bitcoinminetSTM/status/1757474165601218687?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 13, 2024</a></p>
</blockquote>
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">BTCMTX token holders must stake the tokens to earn credits as rewards, which they then must burn through the stake-to-mine feature. Staking the BTCMTX tokens earns a lucrative 62% annual return.&nbsp;</span></p>
<p><span style="font-weight: 400;">Investors who buy and hold BTCMTX tokens also can participate in the </span><a href="https://insidebitcoins.com/visit/bitcoinminetrix/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">$30,000 minedrop airdrop competition</span></a><span style="font-weight: 400;">, in which ten lucky winners each win up to $3,000.</span></p>
<h2 id="span-style-font-weight-400-get-btcmtx-for-10x-gains-presale-closes-on-11-million-span"><span style="font-weight: 400;">Get BTCMTX For 10X Gains, Presale Closes On $11 Million</span></h2>
<p><span style="font-weight: 400;">Crypto analyst and YouTuber Jacob Bury says BTCMTX has the potential to 10X on launch.</span></p>
<p><iframe title="Bitcoin Minetrix New 10x Potential Presale!? How BTCMTX Will Help People Mine Bitcoin" width="640" height="360" src="https://www.youtube.com/embed/37ne69bgi4c?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">The potential is clearly seen in the way investors are snapping up BTCMTX tokens, with $10.98 million already raised as it races towards its $11.85 million target</span></p>
<p><span style="font-weight: 400;">BTCMTX tokens are currently priced at $0.0135 each, but, with a hike coming in less than four days, now is the time for interested investors to act to secure the lowest price.</span></p>
<p><span style="font-weight: 400;">You can buy the tokens via </span><span style="font-weight: 400;">the BTCMTX official <a href="https://insidebitcoins.com/visit/bitcoinminetrix/" rel="noopener noreferrer nofollow">website</a></span><span style="font-weight: 400;"> by swapping ETH or USDT. You can also use a bank card.</span></p>
<h2 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400;">Related Articles</span></h2>
<ul>
 <li style="font-weight: 400;" aria-level="1"><a href="https://www.linkedin.com/pulse/bitcoin-price-prediction-experts-forecast-bullish-trends-calsona-o1vue" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Bitcoin Price Prediction Experts Forecast Bullish Trends Calsona-o1vue</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/xrp-price-prediction-is-ripples-xrp-on-a-comeback-trail-after-surging-9-in-a-week" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">XRP Price Prediction: Is Ripple’s XRP On A ComeBack Trail After Surging 9% In A Week?</span></a></li>
 <li style="font-weight: 400;" aria-level="1"><a href="https://insidebitcoins.com/news/smog-meme-coin-10x-growth-potential-how-to-buy-stake-for-high-rewards-and-price-prediction" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">$SMOG Meme Coin 10x Growth Potential – How to Buy, Stake for High Rewards, and Price Prediction</span></a></li>
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Bitcoin Price Prediction: Glassnode Sees BTC Soaring As High As $65K On FOMO As Experts Say Consider This BTC Cloud Mining Project For 100X ...

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