Bitcoin Price Prediction: As HBO Documentary Hints At Revealing Identity Of BTC Inventor Satoshi Nakamoto, This New ICO Offers 5,263% APY
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The
Bitcoin
price
edged
up
0.7%
in
the
last
24
hours
to
trade
at
$61,424
as
of
3:20
a.m.
EST
on
a
5.3%
drop
in
trading
volume
to
$35
billion
This
slight
price
increase
comes
as
documentary
maker
Cullen
Hoback
and
HBO
recently
hinted
that
their
upcoming
”Money
Electric:
The
Bitcoin
Mystery”
documentary
may
reveal
the
true
identity
of
Bitcoin
creator
Satoshi
Nakamoto.
A
few
of
you
might
have
wondered
why
I
disappeared.
Well,
I
was
tracking
down
someone
else
who
disappeared.Curious
who’s
behind
Bitcoin?#MoneyElectric:
The
Bitcoin
Mystery
drops
next
Tuesday.
It’s
going
to
be
a
rollercoaster.
#Satoshi
https://t.co/2B17FZxkqZ—
Cullen
(@CullenHoback)
October
3,
2024
Cullen
Hoback
is
best
known
for
his
HBO
miniseries
“Q:
Into
the
Storm,”
in
which
he
claims
that
he
knows
several
authors
behind
the
QAnon
conspiracy
theory.
Bitcoin
Price
Could
Rebound
On
The
Previous
Support
Zone
The
BTCUSDT
price
has
been
on
a
downtrend
between
July
and
August,
with
a
series
of
lower
highs
and
lower
lows
over
that
period.
Bitcoin
dropped
to
approximately
$54,500
before
finding
support
and
beginning
to
recover.
After
this
downtrend,
the
price
broke
out
of
the
channel
and
has
shown
a
recovery,
forming
a
“potential
inverted
head
and
shoulders”
pattern.
This
inverted
head
and
shoulders
pattern
is
a
classic
bullish
reversal
indicator,
with
a
potential
“left
shoulder,”
“head,”
and
“right
shoulder”
forming
around
the
support
level
of
$56,500.
BTCUSDT
Analysis
Source:
Tradingview
The
support
level
at
$56,500
has
significantly
halted
the
price
decline.
This
level
represents
a
region
where
buying
interest
seems
strong
enough
to
prevent
the
price
from
falling
further.
If
the
inverted
head
and
shoulders
pattern
is
completes
successfully
and
breaks
above
the
neckline,
the
price
could
rally
to
$77,000
zone
The
50-day
Simple
Moving
Average
(SMA)
(green
line)
is
$63,586,
and
the
200-day
SMA
(blue
line)
is
$60,443.
The
50
SMA
is
currently
above
the
200
SMA,
indicating
a
potential
bullish
crossover,
also
known
as
a
“golden
cross”
seen
as
a
bullish
signal,
suggesting
further
upward
momentum.
Currently,
the
price
is
fluctuating
around
the
50
SMA,
using
it
as
both
a
support
and
resistance
level,
as
traders
are
closely
watching
this
average.
The
RSI
indicator
is
currently
around
58,
which
is
above
the
50
midline
level,
indicating
that
the
bullish
momentum
is
gaining
strength,
but
the
price
is
not
yet
in
overbought
territory
(which
would
be
above
70).
Bitcoin
Price
Bullish
Reversal
Pattern
Suggests
Major
Upside
Potential
The
Bitcoin/USDT
shows
a
potential
bullish
reversal,
with
the
formation
of
an
inverted
head-and-shoulders
pattern.
The
presence
of
the
50
and
200
SMAs
shows
an
overall
positive
market
structure,
with
the
possibility
of
a
bullish
golden
cross
forming.
The
RSI
further
supports
this
positive
outlook,
with
momentum
gradually
increasing
but
not
yet
overbought.
Based
on
this
analysis,
Bitcoin
could
rise
to
around
$77,000
if
the
pattern
completes
successfully.
However,
it
is
essential
to
monitor
the
support
level
at
$56,500,
as
a
breakdown
below
this
level
could
lead
to
further
declines.
New
Vote-To-Earn
Meme
Coin
Flockerz
Crashes
Past
$400k
Investors
looking
for
promising
new
projects
might
want
to
take
a
look
at
Flockerz
(FLOCK),
a
new
vote-to-earn
meme
coin
that
has
surpassed
$404k
in
funds
raised
in
its
presale.
Flockerz,
let’s
hit
that
target
and
soar
even
higher!
????????
pic.twitter.com/iggKkXkb85—
Flockerz
(@FlockerzToken)
October
2,
2024
Flockerz
is
a
newly
launched
meme
coin
with
a
unique
vote-to-earn
platform.
Unlike
traditional
meme
coins,
where
decisions
are
made
by
a
select
few,
Flockerz
empowers
its
community,
known
as
“The
Flock,”
to
guide
the
project’s
direction.
At
the
heart
of
Flockerz
is
FlockTopia,
an
innovative
decentralized
autonomous
organization
(DAO)
where
every
token
holder
can
participate
and
earn
rewards
through
the
vote-to-earn
(VTE)
system.
In
FlockTopia,
members
actively
shape
the
project’s
future
and
gain
rewards
for
contributing
to
key
decisions.
Coming
in
for
a
smooth
landing
????
pic.twitter.com/klb6Nmy4Gw—
Flockerz
(@FlockerzToken)
October
3,
2024
Join
the
FLOCK
Now
And
Earn
A
Staggering
APY!
The
innovative
vote-to-earn
(VTE)
system
rewards
participants
for
being
involved,
allowing
holders
to
earn
$FLOCK
tokens
just
by
voting
on
the
project’s
future.
Every
vote
matters—whether
it’s
deciding
on
important
proposals
or
shaping
the
project’s
next
big
move.
There
is
no
central
authority
or
hidden
power
structure.
The
FlockTopia
DAO
ensures
that
power
is
shared
equally
among
all
token
holders,
creating
an
ecosystem
where
everyone’s
voice
is
heard
and
every
decision
contributes
to
a
promising
future.
Prominent
crypto
analyst
and
Youtuber
Claybro,
with
over
130k
subscribers,
says
that
FLOCK
could
explode
100X
once
it
launches.
As
if
all
that
wasn’t
enough
to
attract
investors,
FLOCK
also
offers
an
astonishing
annual
yield
of
5,263%
on
staked
tokens.
$FLOCK
tokens
are
currently
priced
at
$0.0057012
each.
Buy
before
a
price
increase
in
less
than
3
days
for
the
best
deal.
Buy
FLOCK
Tokens
on
the
official
website
here
using
ETH,
USDT,
BNB
and
Bank
Card.
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&
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Audited -
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