Bitcoin Price Prediction: As Microsoft Requests Shareholders Vote Against Investing in BTC, Traders Rush To This Vote-To-Earn Meme Coin With 1,618% APY

The
Bitcoin
price
climbed
1%
in
the
last
24
hours


to
trade
at
$68,037

as
of
00:13
a.m.
EST
on
trading
volume
that
plunged
12%
to
$30
billion.

This
comes
after
Microsoft
announced
that
its
shareholders
will
vote
on
December
9
regarding
a
shareholder
proposal
to
invest
in
Bitcoin,
as
detailed
in
a
filing
to
the
SEC
on
Oct.
24.
The
company’s
board,
however,
recommends
a
vote
against
this
proposal.

Microsoft
currently
accepts
Bitcoin
for
online
purchases
but
has
not
invested
in
the
cryptocurrency.

Bitcoin
Price
Aims
For
A
Continued
Bullish
Rally

The
Bitcoin
price
has
been
moving
within
a
rising
channel
pattern,
defined
by
the
parallel
orange
trendlines,
indicating
a
series
of
higher
lows
and
higher
highs,
as
the
bulls
took
charge
of
the
price
around
the
$53,800
support
zone,
according
to
data
from


GeckoTerminal.

The
support
levels
around
$56,320
(horizontal
dotted
line)
and
$61,500
hold
well,
providing
a
foundation
for
the
current
uptrend.

BTC
now
trades
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs)
in
the
1-day
timeframe,
confirming
the
current
bullish
trend
in
the
long
term.
Moreover,
the
50-day
SMA
seems
to
be
closing
in
on
the
200-day
SMA,
which
could
form
a
golden
cross
in
the
coming
days,
supporting
the
incoming
bullish
rally.

The
Relative
Strength
Index
(RSI)
is
currently
at
60.65,
which
is
in
bullish
territory
but
not
overbought.
This
suggests
that
there
is
still
room
for
upward
movement
without
the
asset
being
overextended,
which
aligns
with
the
possibility
of
further
gains
if
resistance
is
broken.

Bitcoin
Price
Prediction

The
BTC/USD
chart
analysis
supports
the
bullish
sentiment,
with
the
main
indicators,
including
the
SMAs
and
RSI
showing
that
the
Bitcoin
price
could
soar
even
higher.
If
the
bulls
sustain
this
trend,
the
price
of
Bitcoin
could
soar,
as
the
bulls
target
$76,000.

However,
if
the
bears
take
charge
of
the
price
at
this
level,
the
Bitcoin
price
could
plunge
back
to
the
immediate
support
level
at
$61,500.

Meanwhile,
investors
looking
for
investment
options
that
give
them
a
strong
say
in
the
asset’s
strategy
might
want
to
consider
a
new
vote-to-earn
crypto
(V2E)
called


FLOCKERZ
(FLOCK),
which
has
just
bolted
past
$1
million
in
funds
raised
in
presale.

According
to
Crypto
Zeus,
a
YouTuber
with
over
79K
subscribers,
Flockerz
“could
be
huge.”

Flockerz
Blasts
Past
$1
Million
Milestone
In
Presale
–
Best
Crypto
To
Buy
Now?

Flockerz

is
an
innovative
meme
coin
that
empowers
its
community,
known
as
The
Flock,
through
its
V2E
system
that
allows
token
holders
to
vote
on
important
decisions
and
earn
$FLOCK
tokens
as
rewards. 

At
the
heart
of
Flockerz
is
Flocktopia,
a
DAO
where
every
voice
counts,
ensuring
active
members
are
rewarded
for
their
participation.

One
mil,
oh
so
near,
Flockers,
let’s
cheer!

pic.twitter.com/is7WuaNGXU

—
Flockerz
(@FlockerzToken)

October
21,
2024

In
addition
to
V2E
rewards,
users
can

earn
a
massive
1,618%
annual
return
by
staking
their
FLOCK
tokens.

With
its
community-driven
approach,
Flockerz
sets
a
new
standard
for
meme
coins,
prioritizing
collective
governance
over
rule
by
the
few.

Flockerz
sells
tokens
for
$0.0058394
right
now.
With
a
price
hike
coming
in
about
an
hour,
buy
quickly
to
lock
in
the
best
price.

You
can


buy
$FLOCK
on
the
official
website

using
BNB,
ETH,
USDT,
or
a
bank
card. 

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