To The Moon

bullish

Bitcoin

Million

Shiba Inu

The Bitcoin price climbed 1% in the last 24 hours <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">to trade at $67,989</a> as of 09:54 p.m. EST on trading volume that dropped 22% to $29 billion.
There will be better times ahead if Michael Saylor’s latest prediction proves right. The BTC permabull said at Bitcoin 2024 in Nashville on July 26 that the BTC price will hit $13 million by 2045.
There was more good news for the king of cryptos, too, when the state of Michigan invested $6.6 million of its pension fund in ARK 21Shares’ ARKB spot Bitcoin ETF (exchange-traded fund).
<h2 id="bitcoin-price-invalidates-rounding-top-bullish-rally-ahead">Bitcoin Price Invalidates Rounding Top – Bullish Rally Ahead?</h2>
<figure id="attachment_557653" aria-describedby="caption-attachment-557653" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-557653" src="https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-27_03-54-06.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1113" height="488" srcset="https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-27_03-54-06.png 1113w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-27_03-54-06-300x132.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-27_03-54-06-1024x449.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/07/WBTC_2024-07-27_03-54-06-768x337.png 768w" sizes="(max-width: 1113px) 100vw, 1113px">
 <figcaption id="caption-attachment-557653" class="wp-caption-text">
 Bitcoin Price Chart Analysis Source: GeckoTerminal.com
 </figcaption>
</figure>
The Bitcoin price has been in a tear in July, as it used the $56,000 support level to surge through a markup phase to the $68,000 resistance zone, according to data from <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed" rel="noopener noreferrer nofollow">GeckoTerminal</a>.
BTC price then went through a correction, retracing to the $64,000 level, forming a rounding top pattern. The price of Bitcoin then invalidated the rounding top bearish prospects, as it used the $64,000 support to propel above to hit the resistance again.
The price of Bitcoin is bullish, as the token trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which now act as the immediate support levels.
Moreover, the Relative Strength Index (RSI) climbs up from the oversold level, to trade at 63, indicating that the asset is under intense buying pressure.
The Moving Average Convergence Divergence (MACD) also supports the bullish prospects of the token, as it climbs up above the neutral line. The blue MACD line also crosses above the orange signal line, forming a bullish crossover, which encourages optimistic investors to buy more.
According to the Bitcoin price analysis on the 4-hour chart, BTC is on a strong bullish momentum to the upside, as the bulls capitalize on the RSI and MACD to buy more. If the buying sustains, the price of BTC could climb to the set target at $72,000.
However, if the bears complete a double top pattern at the resistance level, BTC could retrace back to the $64,000 support, forming a neckline at this level.
Meanwhile, as BTC bulls look for buying opportunities, other investors are socking funds into <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">99Bitcoins (99BTC)</a>, a token that’s offering a last chance to buy after raising more than $2.5 million.
<h2 id="99bitcoins-presale-blasts-past-2-5-million-best-crypto-to-buy-now">99Bitcoins Presale Blasts Past $2.5 Million – Best Crypto To Buy Now?</h2>
99Bitcoin is an educational platform with over 2 million registered users for its courses and more than 706,000 subscribers on its YouTube channel.
With its latest $99BTC token ICO, the project is set to introduce a groundbreaking learn-to-earn (L2E) model. It will gamify crypto education by allowing token holders to tackle challenges and complete lessons to earn higher rankings and $99BTC tokens as rewards.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 What is Spatial Computing? Discover how <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Blockchain</a> is transforming AR/VR, making immersive digital worlds more interactive and secure.
 Dive deeper: <a href="https://t.co/2hlZYRFHBv" rel="noopener noreferrer nofollow">https://t.co/2hlZYRFHBv</a><a href="https://twitter.com/hashtag/99BTC?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#99BTC</a> <a href="https://twitter.com/hashtag/SpatialComputing?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#SpatialComputing</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Web3</a>
 — 99Bitcoins (@99BitcoinsHQ) <a href="https://twitter.com/99BitcoinsHQ/status/1777275219423490318?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">April 8, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Holders can <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">stake 99BTC tokens</a> for an eye popping 681% annual percentage yield (APY).
Influential crypto YouTuber Jacob Bury says that the 99Bitcoins token could turn a $1K investment into $10K after its launch.
<iframe title="New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!" width="640" height="360" src="https://www.youtube.com/embed/G2trqq3KNYE?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
You can buy 99BTC tokens for $0.00115 each. With a price hike coming in less than three days, buy soon to lock in the best deal.
To join the presale, <a href="https://insidebitcoins.com/visit/99bitcoins" rel="noopener noreferrer nofollow">buy $99BTC from the official website here</a> using ETH, USDT, or a bank card.
<h2 id="related-news">Related News</h2>
<ul>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/dogecoin-price-prediction-doge-reach-1-2024-juliana-clarisse-calsona-yqwse" rel="noopener noreferrer nofollow">🚀 Dogecoin Price Prediction: Will DOGE Reach $1 in 2024? 🐶💰</a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/shiba-inu-price-prediction-2024-moon-crash-landing-calsona-caibe/" rel="noopener noreferrer nofollow">🐕📈 Shiba Inu Price Prediction 2024: 🚀 To The Moon Or 📉 Crash Landing?</a></li>
 <li><a href="https://insidebitcoins.com/bitcoin-casinos/" rel="noopener noreferrer nofollow">Best Bitcoin Casinos for Crypto Gambling in 2024</a></li>
</ul>

Bitcoin Price Prediction As Michael Saylor Says BTC Will Hit $13 Million By 2045 In Bitcoin 2024 Speech

Table of Contents

Inside Bitcoins

Other articles published on Jul 27, 2024

Ordinals Eyes Breakout: Can ORDI Token Reach $50 Soon?

ChatGPT Answers: What Will Happen to the XRP Price and Altcoin Sector if Kamala Harris Becomes Pr...

Democrats want national committee to support pro-crypto policies

Mt. Gox Saga Continues: Bitstamp Releases Assets to Creditors After Delays

Polkadot’s Decoded 2024: Gavin Wood Unveils JAM Protocol for Enhanced Blockchain Scalability

Wave of Cyber Attacks Rocks the Crypto World: Key Incidents from the Past Week

Join our free newsletter for daily crypto updates!