Bitcoin Price Prediction: As Anthony Scaramucci Delays $100k BTC Target, Experts Say Consider This New ICO For 100x Gains
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The
Bitcoin
price
rose
a
fraction
of
a
percent
in
the
last
24
hours
to
trade
at
$60,779
as
of
03:25
a.m.
EST
on
trading
volume
that
surged
25%
to
$25.7
billion.
This
comes
as
Anthony
Scaramucci,
founder
of
SkyBridge
Capital,
remains
confident
that
the
price
of
Bitcoin
will
hit
$100,000
at
some
point,
although
later
than
he
had
originally
expected.
Scaramucci
says
the
delay
will
be
caused
by
regulatory
ambiguities
and
market
conditions.
Should
you
think
of
$BTC
as
a
store
of
value?
Skybridge
Capital’s
Anthony
Scaramucci
talks
about
the
digital
asset
and
why
he
thinks
it
can
still
get
to
$100k.
pic.twitter.com/QzX4XxcETj—
Squawk
Box
(@SquawkCNBC)
August
22,
2024
However,
Scaramucci
stated
that
Bitcoin’s
fundamentals
are
still
intact,
and
the
increasing
adoption
by
institutions
is
a
major
bullish
factor.
Bitcoin
Price
Aims
For
A
Breakout
The
Bitcoin
price
is
now
trading
within
the
upper
boundary
of
the
sideways
pattern
as
the
bulls
struggle
to
push
BTC
above
the
$61,326
resistance
level,
data
from
GeckoTerminal
shows.
BTC
has
already
crossed
above
the
50-day
Simple
Moving
Average
(SMA),
a
confirmation
of
the
bullish
trend.
Additionally,
the
Relative
Strength
Index
(RSI)
is
rebounding
from
the
50-midline
level,
currently
at
55
and
still
soaring,
which
indicates
the
asset
is
under
intense
buying
pressure.
If
the
buying
pressure
continues,
the
price
of
Bitcoin
could
soar,
overcoming
the
200-day
SMA
at
$62,009,
which
now
acts
as
the
immediate
resistance
zone.
The
bulls
are
currently
targeting
prices
above
the
$68,000
resistance
zone.
Moreover,
the
Moving
Average
Convergence
Divergence
(MACD)
also
supports
the
bullish
stance
as
it
climbs
above
the
neutral
line.
Conversely,
if
the
bears
take
control
of
the
price
at
this
level,
the
price
of
Bitcoin
could
plunge,
with
$56,747
acting
as
the
immediate
support
zone.
Meanwhile,
investors
are
buying
the
new
meme
coin
The
Meme
Games
(MGMES),
which
YouTube
channel
99Bitcoins,
with
more
than
706k
subscribers,
says
has
100X
potential.
Olympic-Themed
The
Meme
Games
–
Best
Crypto
To
Buy
Now?
Blending
the
excitement
of
the
Olympics
with
the
crypto
world,
The
Meme
Games
allows
users
to
bet
on
meme
characters
in
fun,
competitive
events.
The
Meme
Games
introduces
a
gamified
experience
where
users
can
bet
on
meme
characters
in
Olympic-style
events.
Dogecoin
($DOGE),
Pepe
($PEPE),
DogWifHat
($WIF),
Brett
($BRETT),
and
Turbo
($TURBO)
are
the
meme
athletes
that
token
holders
can
bet
on.
Each
time
you
buy
MGMES,
you
have
the
chance
to
win
a
25%
bonus
on
your
original
purchase
by
betting
on
one
of
the
meme
athletes.
This
is
what
happens
when
$TURBO
has
one
too
many
espresso’s.
☕️
#Paris2024
#Crypto
#DOGE
#BRETT
pic.twitter.com/TngVhXoMvE—
The
Meme
Games
(@MemeGames2024)
August
8,
2024
Gaining
rapid
popularity,
The
Meme
Games
has
already
raised
over
$391,000
in
its
presale
and
is
poised
for
its
DEX
listing
on
September
10.
The
project
also
offers
an
impressive
495%
annual
percentage
yield
(APY)
for
those
who
buy
and
stake
$MGMES
tokens,
further
enhancing
its
appeal.
You
can
buy
$MGMES
tokens
for
$0.0093
each.
But
buy
soon
to
lock
in
the
best
deal
before
a
price
hike
strikes
in
less
than
two
days.
To
join
the
presale,
buy
$MGMES
from
the
official
website
here
using
ETH,
BNB,
USDT,
or
a
bank
card.
Related
News
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(PLAY)
–
Newest
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On
BNB
Chain
-
2D
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