Bitcoin Price Prediction: Top Analyst Sees BTC Hitting $100k This Year As The 99BTC Presale Rockets Towards $3 Million

The
Bitcoin
price
dropped
by
a
fraction
of
a
percent
in
the
last
24
hours


to
trade
at
$66,892

as
of
03:31
a.m.
EST
on
trading
volume
that
plunged
24%
to
$26.9
billion.

This
comes
as
the
analyst
and
trader
pseudonymously
known
as
Altcoin
Sherpa
says
that
Bitcoin
could
soar
almost
50%
to
over
$100,000
later
this
year.

$BTC:
This
is
the
trading
range

anything
in
this
area
is
just
noise

we’re
still
chopping
around
and
bullish
HTF/
chop
on
LTF

Tranquilo,
we’re
still
going
to
100k+
later
this
year
IMO

pic.twitter.com/c4TuTEmdhc

—
Altcoin
Sherpa
(@AltcoinSherpa)

June
12,
2024

According
to
the
analyst,
the
200
exponential
moving
average
(EMA)
over
the
short
term
acts
as
a
possible
pointer
for
BTC
price
direction.

Bitcoin
Price
Gearing
Up
For
A
Breakout
Above
$72,605

The
Bitcoin
price
has
been
in
a
markup
phase
since
mid-May,
as
bullish
investors
capitalized
on
the
formation
of
the
inverse
head
and
shoulders
pattern
to
push
the
token
up.
However,
the
surge
faced
some
resistance
around
$72,184,
according
to
data
from


GeckoTerminal

shows. 

BTC
price

is
currently
trending
inside
a
consolidation
zone
and
is
currently
upheld
by
a
strong
support
level
of
around
$66,000.

However,
the
Bitcoin
price
dropped
below
both
the
50-day
and
200-day
Simple
Moving
Averages,
which
act
as
the
immediate
resistance
zones
around
$67,448
and
$69,177,
respectively.

The
Relative
Strength
Index
(RSI)
is
trading
downwards
from
the
50-midline
level
as
it
closes
in
on
the
30-oversold
level,
currently
at
42,
a
signal
of
intense
selling
pressure.

Bitcoin
Price
Prediction

The
Bitcoin
price
analysis
shows
a
bullish
bias,
as
the
bulls
aim
to
push
the
token
over
the
consolidation
channel,
targeting
$77,000
in
the
coming
weeks.

However,
if
the
bears
continue
selling
and
break
the
$66,000
support,
BTC
could
tumble
all
the
way
to
the
next
support
zone
around
$56,000.

Bitcoin
bulls
aiming
for
a
bullish
trend
reversal
is
great
news
for
99Bitcoins,
a
presale
that’s
raised
more
than
$2.1
million.

According
to
crypto
analyst
and
YouTuber
Jacob
Bury,
$99BTC
could
potentially
surge
10X
after
its
launch.

99Bitcoins
Presale
Raises
Over
$2.1
Million,
Hurtling
Towards
The
$3
Million
Milestone

The


99Bitcoins
(99BTC)

platform
has
become
a
crucial
resource
for
newcomers
navigating
the
complexities
of
the
crypto
world.
It
has
over
two
million
registered
users
for
its
courses
and
more
than
700,000
subscribers
on
its
YouTube
channel.

Its
latest
innovation
is
the
launch
of
its
ICO,
which
is
fueling
a
ground-breaking
learn-to-earn
(L2E)
model.
99BTC
is
set
to
gamify
crypto
education
by
allowing
its
users
to
tackle
challenges
and
complete
lessons
to
earn
higher
rankings
and
rewards
through
$99BTC
tokens.

99Bitcoins
is
set
to
launch
its
token
initially
as
an
ERC-20
token
but
will
integrate
its
token
into
the
Bitcoin
network
using
the
BRC-20
token
standard.

Introducing
$99BTC
on
BRC-20!
????

Since
2013,

#99Bitcoins
has
been
the
go-to
resource
for
learning
about

#Cryptocurrency.

We’re
launching
a
platform
that
enables
the
building
of

#dApps
on
top
of
the

#Bitcoin
network!????#LearnToEarn
rewards
users
on
the
Bitcoin
blockchain.????

—
99Bitcoins
(@99BitcoinsHQ)

April
30,
2024

Token
holders
can
earn
passively
from


the
project’s
staking
option,
which
offers
an
annual
percentage
yield
(APY)
of
777%.

How
many
of
these
bad
boys
will

@PeterSchiff
be
popping?
????#99Bitcoins

#CryptoCurrency

#BTC

pic.twitter.com/yIEeuGsSdx

—
99Bitcoins
(@99BitcoinsHQ)

May
26,
2024

You
can
buy
$99BTC
tokens
for
$0.00109
each
at
present.
But
with
a
price
hike
coming
in
less
than
4
days,
don’t
wait
too
long
to
secure
the
best
deal.

To
join
the
presale,


buy
$99BTC
from
the
official
website
here

using
ETH,
USDT,
or
a
bank
card.

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