Bitcoin Price Prediction: As BlackRock ETF Buys Over $1 Billion BTC, Investors Flock To This Learn-To-Earn Crypto With A 693% APY

The
Bitcoin
price
soared
12%
in
the
last
week
even
after
a
fall
of
0.7%
in
the
past
24
hours
to
trade
for
$64,298
as
of
00:14
a.m.
EST.

The
bulls
still
control
the
market
amid
buoyant
sentiment.
Part
of
the
tailwinds
stem
from
positive
news
on
Bitcoin
spot
ETFs
(exchange-traded
funds)
with
ETF
Bitcoin
balances
hitting
a
new
all-time
high
of
more
than
900,636
BTC.

JUST
IN:
????????
US
spot

#Bitcoin
ETF
balances
have
hit
a
new
all-time
high
of
more
than
900,636
BTC????

pic.twitter.com/IeTRuMXrub

—
Bitcoin
Magazine
(@BitcoinMagazine)

July
18,
2024

Meanwhile,
American
internet
entrepreneur
and
celebrity
Dave
Portnoy
says
a
Donald
Trump
re-election
in
2024
would
boost
the
Bitcoin
price.

NEW:
????????
Dave
Portnoy
says
a
Donald
Trump
re-election
in
2024
would
boost
the
price
of

#Bitcoin

“It’s
gonna
rip.”
????

pic.twitter.com/tL3uTNp2jG

—
Bitcoin
Magazine
(@BitcoinMagazine)

July
18,
2024

Elsewhere,
reports
indicate
that
Bitcoin
Depot,
the
largest
BTC
ATM
operator,
plans
to
adopt
a
Bitcoin
treasury.
This
could
bode
well
for
the
pioneer
cryptocurrency,
considering
it
makes
around
$700
million
annually.

JUST
IN:
The
largest

#Bitcoin
ATM
operator,
Bitcoin
Depot,
will
adopt
a

$BTC
treasury

They
make
$700,000,000
annually
????

pic.twitter.com/4L3XE5TPWE

—
Bitcoin
Magazine
(@BitcoinMagazine)

July
18,
2024

The
big
news,
however,
is
that
the
IBIT
ETF
issuer,
BlackRock,
bought
more
than
$1
billion
in
Bitcoin
in
July.
On
July
18
alone,
investors
bought
more
than
$107
million,
marking
the
ninth
straight
day
of
inflows.

JUST
IN:
Blackrock
has
purchased
over
$1B
worth
of

#Bitcoin
this
month
–
Including
$107M
Today.

That’s
18,600

#Bitcoin

This
is
a
total
acceleration
of
inflows
????

pic.twitter.com/nPptlIyEvX

—
Thomas
|
heyapollo.com
(@thomas_fahrer)

July
18,
2024

Pointing
to
growing
interest,
the
data
is
unsurprising
given
elevated
greed
levels
in
the
market,
which
could
play
well
in
driving
the
Bitcoin
price
further
north.

Bitcoin
Price
Prediction
Amid
Elevated
Greed
Levels
in
the
BTC
Market

The
Bitcoin
price
is
trading
with
a
bullish
bias,
holding
well
above
the
50%
Fibonacci
placeholder
of
$63,558.
Based
on
the
technical
indicators,
the
market
favors
the
upside,
with
the
Relative
Strength
Index
(RSI)
showing
growing
momentum
as
it
holds
above
the
mean
level
of
50.

Looking
at
the
Moving
Average
Convergence
Divergence
(MACD),
the
indicator
has
moved
into
positive
territory.
Its
crossover
above
the
signal
line
(orange
band)
shows
buying
pressure
is
above
selling
pressure.
The
histogram
bars
of
the
MACD
also
reinforce
the
optimism,
showing
bullish
optimism
in
the
market.

Moreover,
the
volume
profile
shows
that
there
is
a
lot
of
bullish
momentum
(yellow)
ready
to
interact
with
the
Bitcoin
price
upwards.
This
is
relative
to
the
negative
momentum
(blue)
that
is
also
visible
in
the
market.

If
the
bullish
momentum
increases,
the
Bitcoin
price
could
extend
north
to
test
the
38.2%
Fibonacci
retracement
level
of
$65,921.
A
candlestick
close
above
this
level
would
set
the
runway
for
a
further
upside
amid
abounding
bullish
momentum
seen
with
the
volume
nodes.

In
a
highly
bullish
case,
the
Bitcoin
price
could
flip
the
$68,844
level
into
support,
with
prospects
for
more
gains.
This
could
potentially
go
as
high
as
the
peak
of
the
market
range
at
$73,570.

GeckoTerminal:
BTC/USD
1-day
chart

On
the
other
hand,
if
profit
booking
continues,
the
Bitcoin
price
could
slip
below
the
50%
Fibonacci
placeholder.
While
this
could
provoke
panic
selling,
the
bullish
thesis
would
only
be
invalidated
below
$53,547.

With
bullish
sentiment
around
BTC,
traders
are
also
piling
into
99Bitcoins
(99BTC),
with
crypto
YouTuber
Today
Trader
saying
it
has
”huge
potential.”

As
retail
and
institutional
investors
pile
into
Bitcoin,
its
derivatives
are
well
placed
to
benefit.
And
already
investors
have
pumped
more
than
$2.45
million
into
the
99BTC
project.

Skyridge’s
Anthony
Scaramucci
believes
a
$100,000

#Bitcoin
is
still
possible
by
the
end
of
this
year!
????

A
6-figure

$BTC
price
would
surely
end
the
doubts
once
and
for
all
that

#BTC
is
here
to
stay!#99Bitcoins

#BullRun

#Crypto

pic.twitter.com/GqXRzBP1Vy

—
99Bitcoins
(@99BitcoinsHQ)

July
18,
2024

A
Promising
Alternative
To
Bitcoin

99BTC
is
the
native
cryptocurrency
for
the

99Bitcoins
ecosystem,
a
long-established
educational
platform
that
is
pioneering
a
new
Learn-to-Earn
rewards
model.

99Bitcoins
promises
a
groundbreaking
earn-as-you-learn
experience
for
users.
The
project
incentivizes
learning
through
a
unique
mix
of
gamification
and
a
leaderboard
reward
system.

It
ensures
users
feel
like
their
learning
is
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tangible
and,
therefore,
spendable
benefits.
You
earn
crypto
while
learning
about
crypto.

Revolutionizing

#Learn2Earn!
????

????
Why
It’s
the
Future:

With
the
$99BTC
Token,
you
can
earn
rewards
simply
by
expanding
your

#Cryptocurrency
knowledge.

The
Numbers:
????

–
79
hours
of
Courses
–
709K
Followers
–
2.85M
Subscribers

Take
a
look:

https://t.co/NXD7DAamqr#Bitcoin

pic.twitter.com/rtBrEJjaZA

—
99Bitcoins
(@99BitcoinsHQ)

May
5,
2024

Investors
can
stake
99BTC
tokens
for
an
Annual
Percentage
Yields
(APY)
of
693%.
Rewards
are
paid
out
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block.

Up
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14%
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token
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will
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over
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Rewards
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Short
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Simply
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????

https://t.co/nA4Lw89WA0#99Bitcoins

#Crypto

#Presale

#Alts

pic.twitter.com/av0mkMvIbR

—
99Bitcoins
(@99BitcoinsHQ)

April
19,
2024

99BTC
tokens
are
priced
at
$0.00114.
For
those
attracted
to
the
project,
it’s
best
to
buy
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a
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hike
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4
days.

Visit
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buy
99Bitcoins
here.

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Read: