Bitcoin Price Prediction: This New Learn-2-Revenue ICO Competition Heads for $1 Million as Hilton Plans to Tokenize BTC Debt in El Salvador.

adminApril 15, 2024

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Bitcoin price has risen slightly over the past 24 hours. Traded for $71,132 As of 01:01 AM EST, trading volume had fallen 20% to $30 billion.

This development coincides with an upcoming opportunity for investors to acquire an interest in a new 4,500-square-foot Hampton by Hilton hotel in El Salvador. This ownership is made possible by purchasing tokenized shares issued on the Bitcoin Layer 2 Liquid network.

The hotel will be built at El Salvador’s international airport and will be facilitated by Bitfinex Securities’ tokenized asset offering.

“For the first time, investors who typically lack access to these assets can participate, and issuers in markets with limited access to capital can leverage a new asset class to secure financing,” he said. Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex Securities.

Bitcoin price is expected to rebound above the ascending triangle.

Bitcoin price chart analysis Source: Tradingview.com — BTCUSD Chart Analysis Source: Tradingview.com

The price of Bitcoin has risen steadily since mid-October and reached an all-time high of $73,737.

However, the bears failed to recapture this high as the price moved within an ascending triangle pattern within the $71,100 range as the bulls were aiming to push the price higher.

Additionally, BTC is trading slightly above its 50-day and 200-day simple moving averages (SMAs), confirming its upward trend.

Moreover, the Relative Strength Index (RSI) has also surpassed the 50 line and is rebounding to 59, showing strong buying pressure as investors’ purchases increase.

Bitcoin price prediction

Bitcoin price analysis on the 4-hour chart indicates that bulls will push the price above the ascending triangle pattern. Additionally, the RSI could provide a bullish outlook for bullish investors, pushing the price up to $85,000.

However, if the price rises and the RSI surges, a price correction may begin and the price may fall back towards the support area around $63,000.

Meanwhile, investors may also consider investing in the 99Bitcoins pre-sale, which raised $178,000 in less than two days after launch.

99Bitcoin: Will the next BRC-20 project explode?

99Bitcoins ($99BTC) has established itself as one of the most popular websites for those interested in Bitcoin and cryptocurrencies.

We have over 700,000 subscribers on our YouTube channel and over 2 million people enrolled in our website courses. 99Bitcoins has always been at the forefront of providing the best educational resources and visual learning courses for cryptocurrency beginners.

The venture 99Bitcoin The ICO launch aims to transition the website to Web3 with $99BTC tokens, promising website users a learning-while-earning experience.

What is Spatial Computing? Find out how #blockchain We are transforming AR/VR, making immersive digital worlds more interactive and secure.
Learn more: https://t.co/2hlZYRFHBv#99BTC #spatial computing #web3
— 99Bitcoins (@99BitcoinsHQ) April 8, 2024

99Bitcoins will be launched as an ERC-20 token and will be linked to BRC-20 as an important focus of the project roadmap. This enables native integration and development of dApps and projects on the Bitcoin blockchain.

The timing of the launch is no coincidence, the team is aiming to capitalize on Bitcoin halvings, which typically cause Bitcoin price spikes following the event.

with #Bitcoin halving We’re just 9 days away from the event and speculation is growing. $BTCStock prices soar after halving? 🙌
Take a closer look at our analysis of the impact this pivotal supply shock could have on prices.
Read more: https://t.co/zTA3n26nDl#99Bitcoin #bisector #bull market
— 99Bitcoins (@99BitcoinsHQ) April 11, 2024