Bitcoin prices have risen 9% over the past seven days and are currently trading at $66,921 as of 01:20 am EST.
Bitcoin has risen 1.5% in the past 24 hours, and trading volume has fallen 30%, indicating increased market risk and speculation that large investors are manipulating the market.
Dear Newbies,
Bitcoin is not falling naturally, it is driven down by whales placing fake sell orders on exchanges to push the price down so that newbies and risk managers can buy it back at a lower price. They are stealing your currency and will make you buy it back at a higher price.
– Hsaka (@HsakaTrades)
March 5, 2024
According to some traders, the stagnation of the Bitcoin market, namely the stagnant Bitcoin price, provides an opportunity for other altcoins to start moving. @NCashOfficial said: “Once the all-time high price of Bitcoin is broken, the enthusiasm will start to flow.”
This is just the beginning.
Once Bitcoin’s all-time high is broken, the mania will start to flow. At this point, every mainstream media outlet will be pushing this narrative.
Now, there are Bitcoin ETFs everywhere. The biggest pain for retailers is…
– Nick | Crypto Crusader (@NCashOfficial)
March 8, 2024
However, @TheBitcoinTherapist believes that the Bitcoin price is “at a critical juncture,” adding that we are likely to see a breakout above $69,000, after which the Bitcoin price could continue to rise.
It feels like Bitcoin is at a critical juncture. Like it’s going to completely break through $69,000 at any moment and continue to rise.
I sat tight, allocated my funds as best I could, and waited patiently. I had nothing left to give.
I've given it my all. Let's get started.
– The ₿itcoin Therapist (@TheBTCTherapist)
March 8, 2024
However, the Bitcoin price remains within the November 2021 supply range of $59,864 to $67,760. As the Bitcoin price confirms the continuation of the trend, further upward movement will soon follow. This can be seen from the three-day candle chart where the Bitcoin price closed above the supply range mean threshold of $63,948.
If buyers increase their buying momentum, the Bitcoin price could break through the $69,000 threshold and then potentially rise further, turning the $69,324 resistance into support. Such a move would make the supply range a bullish breakout point and could also lead to a bounce to the psychological level of $70,000.
On the flip side, if the supply range holds as a resistance level, Bitcoin price could pull back and retrace to the $60,784 support level. A breakout and close below this level could extend Bitcoin price southwards towards $60,000. This would be an ideal buying opportunity for late buyers and previous investors.
In the meantime, as the price of Bitcoin takes a breather, investors may want to consider diversifying some of their investments into new ICOs.
GBTC is an investment with greater upside potential, with crypto YouTuber Jacob Bury predicting it will grow 10x when it launches.
Potential alternative to Bitcoin
GBTC is the ticker symbol of the Green Bitcoin ecosystem, a cryptocurrency project that combines the tradition of Bitcoin with the environmentally friendly characteristics of Ethereum. It introduces a unique sustainable staking model called Gamified Green Staking, which allows users to earn pass income through staking.
Green Bitcoin is growing globally and our events attract thousands of supporters from all over the world.
We thank you.
– GreenBitcoin (@GreenBTCtoken)
March 7, 2024
The project’s gamified staking system allows users to participate in daily and weekly Bitcoin price prediction challenges with the potential to win generous rewards.
Did you know that you can earn huge returns by staking your Green Bitcoin?
If you haven’t already, please visit our website to learn about the staking feature!
– GreenBitcoin (@GreenBTCtoken)
February 25, 2024
The project continues to gain traction, with its ongoing $GBTC token presale having already raised over $2.353 million. The presale provides a unique opportunity for early investors to get in on the project for less than $0.6882 per token. You can buy tokens at this price before the price increases in about four days.
$2 million raised!
We are delighted to have you join us in this green revolution.
We are building a great business!
– GreenBitcoin (@GreenBTCtoken)
March 6, 2024
You can also stake $GBTC tokens and earn an annualized yield of 167%. So far, more than 34.62 million $GBTC tokens have been staked.
To further incentivize the community, Green Bitcoin also has a prediction profit feature where users participate in daily Bitcoin price prediction challenges. $GBTC tokens are both collateral and rewards, and rewards are distributed every 10 minutes.
As Bitcoin approaches its all-time high, everyone in your feed is making predictions.
But only on Green Bitcoin you can stake on these predictions and earn returns!
– GreenBitcoin (@GreenBTCtoken)
February 16, 2024
This unique approach encourages community participation and helps maintain the stability and growth of the $GBTC network.
Cryptocurrency analyst and YouTuber Jacob Bury believes that $GBTC will surge ahead of the Bitcoin halving event in April.
Buy GBTC Here
– Green Bitcoin
Also read:
Will This New Memecoin Make Your Investment Grow 10X in the Coming Bull Run?
CryptoTV reviews predicted profitable cryptocurrencies inspired by Bitcoin with high upside potential
How to Buy Green Bitcoin in Presale- Alessandro De Crypto Video Review
Cilinix Crypto Pre-sale Update - Two Bitcoin-related Alternative Coins - Bitcoin Minetrix and Green Bitcoin
The Best Cheap Crypto Investments for Explosive Growth in 2024!
Green Bitcoin - Gamifying Green Staking
Rating
– GreenBitcoin (@GreenBTCtoken)
Contracts audited by CoinSult
Early Access Presale - greenbitcoin.xyz
Predicted Profits - Featured in Cointelegraph
Staking Rewards and Token Rewards
Raised $1 million+
– GreenBitcoin (@GreenBTCtoken)
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Bitcoin Price Prediction: BTC surged 9% in a week, a new historical high is coming, this green Bitcoin pre-sale race rushed to $2.5 million
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