Bitcoin Price Prediction: BTC Blasts Past $65k With New All-Time High In Sight As This Green Bitcoin Alternative Races Towards $2 Million

The Bitcoin value has surged 5.6% within the final 24 hours to trade at $65,050 as of 12:05 a.m. EST on buying and selling quantity that soared 113% to $46 billion.

Bitcoin’s value achieved a big milestone, surpassing the psychologically vital $65,000 mark as demand for the king of cryptocurrencies from spot Bitcoin ETFs and the upcoming halving in April mixed to fireplace its value increased.

Bitcoin Value Races In direction of Its $69,000 ATH

BTC/USDT  Evaluation by Tradingview

The Bitcoin value has been steadily climbing, surpassing the $60,000 resistance degree and nearing its document excessive of $69,000. Consolidation on the $48,200 mark has given bulls a basis to drive the worth upward. Following a minor correction by bears, the bulls showcased their dominance by pushing the worth again up, exceeding the $65,000 threshold.

The bulls have additionally pushed the worth above the 50-day and 200-day easy transferring averages (SMAs), confirming the bullish outlook with the help of the golden cross at $28700.

The Relative Energy Index (RSI) at present trades at 83, above the overbought degree area 70, indicating intense shopping for strain. Pushing the RSI additional into the overbought zone may maintain the bullish outlook for the Bitcoin value.

Bitcoin Value Would possibly Contact $80,000

The Bitcoin value may maintain its bullish momentum as bulls purpose to reclaim BTC’s all-time excessive (ATH) at $69,000. If the momentum sustains it may attain a brand new all-time excessive at $80,000.

Nevertheless, bears would possibly reap the benefits of the RSI buying and selling within the overbought degree, which may set off a downtrend, forcing the bulls to retreat to the $60,000 help zone.

For those who missed the BTC surge, you may take into account diversifying into Inexperienced Bitcoin (GBTC), a presale token that gives big earnings by way of its gamified inexperienced staking mannequin.

Traders Gasoline GBTC Presale Surge Towards $1.7 Million Aim 

The introduction of Inexperienced Bitcoin has sparked appreciable enthusiasm amongst buyers, who see it as a stride in direction of a extra sustainable future for cryptocurrencies. 

This pleasure has resulted in a surge in demand for Inexperienced Bitcoin (GBTC), which has raised over $1.66 million and is racing in direction of its $1.7 million aim.

Inexperienced Bitcoin makes use of a so-called gamified inexperienced staking mannequin that enables customers to earn cash by predicting Bitcoin costs via its distinctive Predict-to-Earn characteristic. 

Those that make profitable predictions will earn rewards based mostly on the accuracy of the forecast and the quantity staked. This gamified strategy resets every day, making certain steady engagement and participation.

As #Bitcoin approaches all-time highs, everybody in your feed is making predictions.

However Inexperienced Bitcoin is the one place the place you may STAKE and EARN on these predictions! pic.twitter.com/yGgux4u9b9

— GreenBitcoin (@GreenBTCtoken) February 16, 2024

Purchase GBTC For A 10X Surge Potential On Funding

Inexperienced BTC presents the chance to earn extra rewards by participating in the GBTC staking possibility, the place you may stake your tokens and earn passive earnings with a formidable 204% annual share yield (APY). 

As #Bitcoin approaches all-time highs, everybody in your feed is making predictions.

However Inexperienced Bitcoin is the one place the place you may STAKE and EARN on these predictions! pic.twitter.com/yGgux4u9b9

— GreenBitcoin (@GreenBTCtoken) February 16, 2024

The GBTC group has allotted 27.5% for staking rewards to be distributed over 2 years.

The consultants weigh in on GBTC!

Bitcoin Value to Hit $200,000 by 2025: Normal Chartered – Can Inexperienced Bitcoin Outperform BTC?https://t.co/w2mT4kp0fo

— GreenBitcoin (@GreenBTCtoken) February 19, 2024

The challenge has additionally caught the eye of YouTuber and crypto analyst Jacob Bury, who predicts a possible 10X surge upon launch.

You should buy GBTC tokens on the present discounted value of $0.5742 every earlier than it will increase in lower than 4 days.

To purchase GBTC and take part within the presale, go to the official GBTC web site to swap your ETH or USDT for GBTC tokens in your suitable digital pockets. It’s also possible to purchase along with your financial institution card.

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