Bitcoin Price Prediction: BTC Soars 4% Ahead Of Donald Trump Speech At Bitcoin 2024 In Nashville And Traders Rush To Buy 99BTC Before It Lists

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The
Bitcoin
price
jumped
4%
in
the
last
24
hours
to
trade
for
$67,340
as
of
07:23
a.m.
EST.

It
comes
amid
hype
around
the
Bitcoin
2024
Conference
in
Nashville,
Tennessee,
where
several
billionaires
from
different
industries
are
lined
up
to
speak.
Republican
ticket
nominee
and
former
US
President
Donald
Trump
is
among
them,
featuring
as
the
headline
speaker.

Trump
set
$844,600
(13.20
BTC)
as
the
price
for
a
roundtable
at
Nashville’s
Bitcoin
Conference
in
his
own
private
event.
Photos
with
Trump
cost
$60,000
per
person,
or
$100,000
per
couple,
as
a
part
of
fundraising
for
his
bid
to
become
president.

Trump
has
given
crypto
and
Bitcoin
a
key
role
in
his
presidential
campaign
ahead
of
the
November
elections.
This
started
with
his
move
to
accept
crypto
donations
to
facilitate
his
campaign.
Reports
indicate
that
the
donations
have
reached
over
$4
million
as
of
July
26.

Brian
Hughes,
a
Trump
campaign
aide,
emphasized
the
importance
of
this
new
funding
stream.

“Crypto
innovators
and
others
in
the
technology
sector
are
under
attack
from
Kamala
Harris
and
the
Democrats,”
he

said
.
“While
the
Biden-Harris
Administration
stifles
innovation
with
more
regulation
and
higher
taxes,
President
Trump
is
ready
to
encourage
American
leadership
in
this
and
other
emerging
technologies.”

In
a
separate
development,
rival
presidential
candidate
Robert
Kennedy
Jr.,
who
is
running
independently,
has
proposed
a
$615
billion
Bitcoin
investment
if
he
wins
the
November
elections.

If
he
succeeds,
he
would
effectively
equate
the
nation’s
Bitcoin
reserves
with
its
gold
assets.
The
commitment
comes
as
he
aims
to
make
America
the
world’s
largest
Bitcoin
holder.

Bitcoin
Price
Prediction

The
Bitcoin
price
is
trading
with
a
bullish
bias,
holding
well
above
the
50%
Fibonacci
placeholder
of
$63,558.
It
comes
after
a
series
of
higher
highs
over
the
past
several
weeks.
The
pioneer
cryptocurrency
has
escaped
above
the
Fibonacci
Golden
Zone
when
it
crossed
above
the
38.2%
Fibonacci
level
of
$65,921.

There
are
prospects
for
more
gains,
with
the
Relative
Strength
Index
(RSI)
well
above
the
mean
level
of
50.
Similarly,
the
Moving
Average
Convergence
Divergence
(MACD)
is
above
its
signal
line,
showing
buying
pressure
exceeds
seller
momentum.
Noteworthy,
the
RSI
is
also
recording
higher
highs,
showing
momentum
has
been
building
over
the
last
several
days.

If
bulls
increase
their
buying
strength,
the
Bitcoin
price
could
extend
the
climb
to
tag
the
23.6%
Fibonacci
retracement
level
of
$68,844.
A
candlestick
close
above
the
aforementioned
level
would
encourage
more
buy
orders,
potentially
sending
the
pioneer
crypto
further
north.

In
a
highly
bullish
case,
the
gains
could
extrapolate
to
the
top
of
the
market
range
at
$73,570,
levels
last
tested
in
mid-March.
Overcoming
this
barrier
would
allow
the
pioneer
crypto
to
record
a
new
all-time
high.

Bitcoin price

Bitcoin price


GeckoTerminal:
BTC/USD
1-day
chart

Conversely,
if
traders
start
booking
profits
for
the
gains
made,
the
Bitcoin
price
could
begin
to
drop.
A
break
and
close
below
the
50%
Fibonacci
level
of
$63,558
would
increase
the
odds
for
further
downside.
Nevertheless,
the
bullish
thesis
can
only
be
invalidated
once
BTC
breaks
and
closes
below
$53,547.
This
lower
low
would
signify
a
change
in
market
structure.

As
Bitcoin
begins
to
play
a
bigger
role
in
US
politics,
traders
are
rushing
to
buy
99Bitcoins
(99BTC),
which
has
just
soared
past
$2.5
million
in
funds
raised.

According
to
Gossipator,
a
popular
YouTube
channel
with
over
11.6K
subscribers,
the
project
offers
an
”easy
100X.”

Promising
Alternative
to
Bitcoin

99BTC
is
the
native
cryptocurrency
for
the 99Bitcoins ecosystem,
a
long-established
educational
platform
that
is
pioneering
a
new
Learn-to-Earn
rewards
model.

The
groundbreaking
project
incentivizes
learning
through
a
unique
mix
of
gamification
and
a
leaderboard
reward
system.

This
ensures
users
feel
like
their
learning
is
bearing
tangible
and,
therefore,
spendable
benefits.
You
earn
crypto
while
learning
about
crypto.

Investors
can
also
earn
passively
through the
project’s
staking
model
,
which
offers
an
eye
popping
681%
annual
percentage
yield
(APY).
Staking
is
an
opportunity
to
grow
your
income
passively,
while
you
HODL
your
tokens
and
wait
for
launch.

st99BTC

st99BTC

99BTC
tokens
are
priced
at
$0.00115. 
A
price
hike
is
coming
in
less
than
4
days
and
the
presale
will
end
on
August
6,
so
buy
now
for
the
best
price
before
it’s
too
late.


Visit
and
buy
99Bitcoins
here
.

Also
Read:

99Bitcoins
(99BTC)

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Token

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