Bitcoin Price Prediction: Flash Crypto Crash Sends BTC Down Nearly 5%, But $99BTC Learn-2-Profit Cryptocurrency ICO Heads for $1 Million.

The price of Bitcoin has plummeted nearly 5% in the past 24 hours. Traded for $67,187 As of 11:11 PM ET, trading volume had increased 57% to $47 billion.

The collapse coincided with a decline in U.S. stock market trading sessions after data showed inflation accelerated for a third straight month. Analysts said bullish The positive economic outlook is threatened by inflationary pressures, geopolitical tensions, and the Federal Reserve’s quantitative tightening efforts.

📈 Market update: US stocks fall more than 1% as Fed takes cautious stance

In a volatile trading session on Thursday, the three major U.S. stock indexes posted significant declines, with the S&P 500 posting its biggest decline since mid-February. What triggered this recession was…

— Lucia (@lucia722) April 5, 2024

Bitcoin price setting for trend reversal

Bitcoin price is trading within the lower bound of a symmetrical triangle pattern. As we have experienced a sharp drop at the upper limit, there is a high possibility of a trend reversal.

BTC is trending above the 50-day and 200-day simple moving averages (SMA), which confirms that the Bitcoin price will maintain its upward trend. Moreover, the 50-day cross is above the 200-day SMA, forming a golden cross around $30,000 on the 1-day chart, indicating that BTC may be in a long-term upward trend.

The Relative Strength Index (RSI) is trading slightly below the 50 midline, heading north. A continued bullish stance could see RSI crossing above the equilibrium level and into the 70 overbought area, indicating intense buying pressure.

Bitcoin Price Prediction – Bull Market Aims for New Highs Above $80,000

Bitcoin price analysis on 1-day chart shows a bullish bias as the price rally aims to cross the lower boundary of the symmetrical triangle and rally BTC to the upper boundary.

Additionally, the golden cross and RSI provide a bullish sentiment to push the price above $80,000 to register a new all-time high (ATH).

However, as the BTC price rally aims for a reversal, some investors are diversifying their portfolios with 99Bitcoins, a new presale that aims to provide education about Bitcoin and other cryptocurrencies while encouraging learning.

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

99Bitcoin (99BTC)a leading cryptocurrency education platform known for simplifying all the complexities of cryptocurrency, has entered the blockchain space with a new monetization platform featuring a native token of $99BTC.

The 99Bitcoins YouTube channel has over 700,000 subscribers and more than 2 million people have signed up for its website courses. The goal of the venture for the ICO launch is to convert the website to Web3 with $99BTC tokens. It promises website users an engaging experience that allows them to learn while earning.

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

99BTC tokens start out as an ERC-20 asset and are then linked to BRC-20. Within three days, the pre-sale raised over $218,000, demonstrating investor interest in this decentralized cryptocurrency education platform.

The launch of the 99Bitcoins token is strategically timed ahead of the Bitcoin halving, aiming to capitalize on the hype surrounding the event and position what history shows is a very likely post-halving rally.

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

You can also earn money passively in the following ways: $99BTC Staking It achieved an impressive Annual Percentage Yield (APY) of 13,453%.

The 99Bitcoins YouTube channel itself believes that $99BTC has the potential to rise 10x after launch.

The price of $99BTC tokens is currently $0.001 each, but the price is expected to increase in 3 days.

To participate in the pre-sale: Buy $99BTC on the official website here. You can purchase using ETH, USDT or bank cards.

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