Bitcoin Price Prediction: As BTC Celebrates 16 Years Since Satoshi Nakamoto Launched Bitcoin’s Genesis Block, Traders Buy This Best Crypto Wallet For Explosive Gains

The
Bitcoin
price
edged
up
1%
in
the
last
24
hours
to
trade
at
$96,529
as
of
3:20
a.m.
EST
on
a
44%
pump
in
trading
volume
to
$42
billion.

This
rise
in
the
BTC
price
comes
as
Bitcoin
celebrates
the
16th
anniversary
of
its
Genesis
Block
on
January
3,
2025,
a
cornerstone
of
the
cryptocurrency
revolution.

Created
by
the
enigmatic
Satoshi
Nakamoto,
the
Genesis
Block
was
mined
on
January
3,
2009,
introducing
the
first
50
Bitcoins
and
embedding
the
historic
message:

“The
Times
03/Jan/2009
Chancellor
on
the
brink
of
second
bailout
for
banks.”

On
this
day
in
2009,
Satoshi
Nakamoto
mined
the
Bitcoin
Genesis
Block,
also
known
as
Block
0.

A
historic
moment
marking
the
beginning
of
Bitcoin.
????

pic.twitter.com/ORZJ25EXRY

—
Trezor
(@Trezor)

January
3,
2025

Interestingly,
the
second
block
wasn’t
mined
until
six
days
later,
fueling
speculation
that
Satoshi
may
have
echoed
the
six
days
of
creation
in
the
Book
of
Genesis.

Over
the
years,
Bitcoin
has
evolved
significantly,
growing
into
a
global
asset
with
a
market
value
exceeding
$1.91
trillion,
ranking
as
the
10th
largest
asset
globally,
according
to
CompaniesMarketCap.

With
the
next
halving
event
approaching
in
April
2028,
the
legacy
of
the
Genesis
Block
remains
a
powerful
symbol
of
Bitcoin’s
revolutionary
impact
and
enduring
journey.

Bitcoin
Price
May
Continue
The
Uptrend

The
chart
for
Bitcoin/USDT
on
a
1-day
timeframe
shows
a
bullish
structure
with
key
levels
and
indicators
supporting
the
sentiment.
The
price
is
currently

trading
at
$96,440 near
the
50-day
moving
average
(MA50)
of
$96,913.93.
This
level
is
crucial,
as
it
acts
as
a
potential
pivot
point
for
either
a
continuation
of
the
upward
trend
or
a
bearish
retracement.

Additionally,
the
200-day
simple
moving
average
(SMA200)
at
$71,970.02
lies
significantly
below
the
current
price,
affirming
a
long-term
bullish
trend.
A
prior
golden
cross,
where
the
SMA50
crossed
above
the
MA200,
further
supports
this
positive
trend.

Key
support
levels
are
visible
at
$90,000
and
$77,500.
These
zones
are
expected
to
provide
a
foundation
for
potential
bullish
reversals
if
the
price
experiences
short-term
pullbacks.
The
$90,000
support
is
a
critical
area
where
buyers
may
step
in
to
defend
the
trend.

BTCUSDT
Analysis
Source:
Tradingview

A
bullish
breakout
above
the
SMA50
could
lead
to
a
rally
toward
the
projected
target
price
range
of
$120,000
to
$130,000.
This
aligns
with
historical
price
action
and
Fibonacci
extensions,
which
often
guide
traders
in
identifying
likely
price
objectives.

The
RSI
(Relative
Strength
Index)
currently
stands
at
50.37,
indicating
neutral
momentum.
This
suggests
that
the
market
could
move
in
either
direction
depending
on
broader
sentiment
and
trading
volume.
However,
the
RSI
line
crossing
above
its
moving
average
hints
at
a
potential
bullish
push.

Bitcoin’s
bullish
structure
remains
intact
as
long
as
it
holds
above
$90,000.
A
breakout
above
the
MA50
would
signal
continued
upward
momentum,
with
the
medium-term
target
range
set
at
$120,000
to
$130,000.
Traders
should
watch
for
price
action
around
the
$90,000
support
and
$97,000
resistance
to
confirm
the
next
significant
move.

However,
failure
to
hold
the
$90,000
level
could
lead
to
a
retest
of
the
MA200
at
$71,970.02,
which
would
risk
the
bullish
scenario.

Best
Wallet
Presale
Soars
Past
$6.2
Million

As
the
Bitcoin
price
continues
its
upward
climb,
excitement
is
growing
around
the

Best
Wallet
(BEST)
presale,
which
has
already
raised
over
$6.2
million.

An
analyst
from
the
popular
YouTube
channel
99Bitcoins,
with
over
719k
subscribers,
says
BEST
is
a
potential
game-changer.

Best
Wallet
is
an
all-in-one
platform
for
accessing
the
Web3
ecosystem.
It
combines
a
decentralized
exchange
(DEX),
wallet
functionality,
and
a
suite
of
tools
designed
to
simplify
digital
asset
management.

But
one
of
Best
Wallet’s
standout
features
is
its
“Upcoming
Tokens”
section,
which
enables
users
to
discover
promising
tokens
before
they
hit
the
market.

????
Meme
Index
is
live
in
Upcoming
Tokens!
????@memecoin_index
presents
the
first-ever
diversified
meme
coin
platform,
powered
by

$MEMEX,
giving
unparalleled
access
to
the
$120
billion
meme
coin
market.

Meme
Index
offers
exclusive
access
to
indexes
that
cater
to
every
risk…

pic.twitter.com/GsiBBuZOzX

—
Best
Wallet
(@BestWalletHQ)

December
27,
2024

The
feature
already
has
a
good
track
record.
Upcoming
Tokens
flagged

Catslap
(SLAP)
to
BEST
wallet
holders
and
it
surged
more
than
3,500%
for
those
who
bought
early.

Among
the
highlighted
tokens
now
is
the

Meme
Index
(MEMEX),
which
has
already
secured
over
$1.5
million
in
presale
funding.

Investors
can
also
stake
their
BEST
tokens,
earning
a
remarkable
331%
annual
return.

Currently,
BEST
tokens
are
priced
at
just
$0.02345.
Buy
before
a
price
hike
in
less
than
20
hours
to
secure
the
best
deal.

Visit
BEST
here.

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