Bitcoin Price Nears 70K As Donald Trump Cooks Fries At McDonald’s And Investors Rush To Buy This New Crypto With 1,849% APY

Join
Our


Telegram

channel
to
stay
up
to
date
on
breaking
news
coverage


The
Bitcoin
price
edged
up
a
fraction
of
a
percent
in
the
last
24
hours



to
trade
at
$68,963


as
of
03:05
a.m.
EST
on
trading
volume
that
skyrocketed
72%
to
$24
billion.


This
comes
as
Donald
Trump
participated
in
the
“One-day
McDonald’s
Employee
Experience”
and
repeated
unsubstantiated
allegations
that
opponent
Kamala
Harris
fabricated
her
McDonald’s
work
experience.

Bitcoin
Price
Aims
For
A
Bullish
Rally
Above
$70,000


According
to
the
BTC/USD
chart
analysis
on
the
1-day
chart,
the
Bitcoin
price
is
nearing
the
$70,000
mark
after
breaching
the
sideways
pattern.
Data
from



Geckoterminal


shows
that
the
$55,000
mark
has
allowed
the
bulls
to
sustain
the
momentum,
with
indicators
now
turning
positive.


The
price
of
Bitcoin
now
trades
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
confirming
the
recent
upsurge.
Moreover,
the
50-day
SMA
seems
to
be
moving
towards
the
200-day
SMA,
which
may
form
a
golden
cross
in
the
coming
days.
This
further
cements
the
likely
scenario
of
the
price
of
Bitcoin
climbing
up.


Meanwhile,
the
Relative
Strength
Index
(RSI)
seems
to
be
moving
up
towards
the
70-overbought
region,
currently
at
67.
This
indicates
that
investors
are
currently
optimistic
about
the
asset
and
may
continue
pushing
the
price
up.


The
Moving
Average
Convergence
Divergence
(MACD)
also
supports
the
current
bullish
outlook,
with
the
blue
MACD
line
crossing
above
the
orange
signal
line
as
they
both
soar
above
the
zero
line.

Bitcoin Price Chart Analysis Source: GeckoTerminal.com

BTCUSD
Chart
Analysis
Source:
GeckoTerminal.com


Bitcoin
Price
Prediction


The
Bitcoin
price
analysis
shows
a
successful
breakout
from
the
sideways
pattern,
even
as
the
bulls
push
the
price
towards
a
sustained
bullish
trend.
If
the
bulls
capitalize
on
the
positive
price
indicators,
BTC
could
surge,
as
they
target
$80,000.


Conversely,
if
the
price
of
Bitcoin
experiences
any
bearish
sentiment
at
this
level,
the
$60,000
support
level
could
be
retested.


As
the
Bitcoin
price
aims
for
a
continued
bullish
rally,
some
investors
are
turning
to
presale
meme
coins
like
the
newly
launched



Flockerz
(FLOCK)
.


According
to
99Bitcoins,
a
popular
crypto
channel
on
YouTube
with
over
706K
subscribers,
$FLOCK
has
the
potential
to
soar
100X
after
its
launch.

Flockerz
Presale
Raises
Over
$916K
In
Its
BlockBuster
Presale



Flockerz


is
building
a
vote-to-earn
model
where
the
community
is
at
the
heart
of
decision-making.


While
most
crypto
projects
claim
decentralization,
Flockerz
is
one
of
the
few
that
is
bent
on
delivering
it
via
its
Vote-to-Earn
(V2E)
model


A
the
center
of
the
project
is
Flocktopia,
where
decisions
about
the
project’s
future
are
made
collectively
by
“The
Flock,”
the
community
of
$FLOCK
holders.
Every
member
has
a
say,
making
the
platform
a
truly
decentralized
and
inclusive
environment.
And
holders
get
rewarded
for
voting
with
FLOCK
via
the
V2E
model,


The
presale
has
already
raised
more
than
$916K,
in
part
because
of
its


sky-high
annual
staking
yield
of
1,849%.


To
join
the
presale,



you
can
buy
$FLOCK
on
the
official
website
here


for
$0.0058161
per
token
using
BNB,
ETH,
or
USDT.
You
can
also
make
a
purchase
using
your
bank
card. 


Buy
before
a
price
hike
in
less
than
1
day
to
secure
the
best
deal.

Related
News

Most
Searched
Crypto
Launch

Pepe
Unchained

Pepe Unchained

  • Layer
    2
    Meme
    Coin
    Ecosystem
  • Featured
    in
    Cointelegraph
  • SolidProof
    &
    Coinsult
    Audited
  • Staking
    Rewards

    pepeunchained.com
  • $10+
    Million
    Raised
    at
    ICO

    Ends
    Soon

Pepe Unchained

Join
Our


Telegram

channel
to
stay
up
to
date
on
breaking
news
coverage

Comments are closed.