Bitcoin Price Prediction: As Standard Chartered Says BTC Could Hit $150K This Year On Donald Trump Re-Election Hopes, 99BTC Closes on $2 Million

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


to
trade
at
$71,273

as
of
03:28
a.m.
EST
on
trading
volume
that
dropped
5%
to
$26
billion.

Standard
Chartered
Bank
sees
better
days
ahead
for
the
king
of
cryptos. Forex
and
digital
assets
research
head
Geoffrey
Kendrick
says
the
BTC
price
could
hit
$150K
by
the
end
of
2024
on
optimism
around
the
possibility
that
Donald
Trump
is
voted
back
into
office
as
president
in
November’s
elections.

Kendrick
also
said
the
Bitcoin
price
could
surge
to
$200K
by
the
end
of
2025.

Bitcoin
May
Hit
$150K
by
Late
2024
Amid
Trump
Re-Election
Hopes,
Says
Standard
Chartered

????????
Bitcoin
to
$150,000
by
end
of
2024?
Experts
believe
a
Trump
election
win
could
supercharge
the
crypto
industry!
????????????

#Bitcoin

#Crypto

#BTC

#Trump2024

#CryptoMarket

pic.twitter.com/xnnXnR1koa

—
smita
(@smitatothemoon)

June
6,
2024

Bitcoin
and
the
broader
crypto
market
have
seen
rising
sentiment
since
May
due
to
the
regulatory
approval
for
Ethereum
ETFs
(exchange-traded
funds).
Moreover,
spot
BTC
ETFs
continue
to
gain
significant
inflows,
crossing
$15
billion
in
net
inflows
on
Tuesday
for
the
first
time
since
going
live
in
January.
This
has
actively
boosted
sentiment
among
Bitcoin
traders.

After
the
approval
of
ETH
ETFs,
Bitcoin
was
able
to
rise
from
the
lower
boundary
of
the
symmetrical
triangle,
using
the
$61,073
support
zone
to
propel
the
price
over
the
upper
boundary
of
the
triangle,
according
to
data
from


GeckoTerminal.

The
Crypto
Fear
and
Greed
Index
shows
that
the
market
flipped
into
extreme
greed
earlier
this
week
amid
optimism
over
the
future
outlook
for
the
crypto
market.

Bitcoin
Price
Prediction
–
Bulls
Eye
A
Sustained
Rally
Over
The
Symmetrical
Triangle

The
Bitcoin
price
still
trades
above
both
the
50-day
and
200-day
Simple
Moving
Averages
(SMAs),
a
confirmation
of
the
bullish
upside
potential.

Moreover,
the
Relative
Strength
Index
(RSI)
is
trading
up
as
it
closes
in
on
the
70-overbought
region,
currently
at
62,
which
shows
that
buyers
have
an
upper
hand.

The
Moving
Average
Convergence
Divergence
(MACD)
line
(blue)
crosses
above
the
orange
signal
line,
opening
up
positions
for
optimistic
investors
as
it
forms
a
bullish
crossover.
The
green
bars
on
the
histogram
are
also
beginning
to
form
over
the
neutral
line,
showing
that
BTC
is
currently
on
a
positive
trajectory.

With
all
the
technical
indicators
encouraging
the
bulls
to
buy
more,
BTC
could
soar
to
the
next
ATH
at
$90,000.

However,
with
the
asset
being
highly
overbought,
there
could
be
a
looming
price
retrace
back
to
the
$55,271
support
level,
which
coincides
with
the
200-SMA.

With
Bitcoin’s
price
outlook
looking
strong,
some
investors
are
turning
to
Bitcoin-themed
tokens
that
might
benefit
from
another
sharp
upswing.
One
such
coin
is

$99BTC,
which
has
already
raised
more
than
$1.9
million
in
its
presale.

99Bitcoins
Presale
Closes
In
On
$2
Million

Since
its
inception
in
the
crypto
realm,


99Bitcoins
(99BTC)

has
become
a
pillar
of
crypto
education.
In
the
beginning,
the
platform
could
only
offer
detailed
guides
for
trading,
wallets,
and
earning
crypto,
but
has
since
undergone
a
massive
transformation.

The
platform
has
over
2
million
registered
users
for
its
courses
and
more
than
700,000
subscribers
on
its
YouTube
channel.

The
introduction
of
its
$99BTC
token
ICO
has
fueled
a
groundbreaking
learn-to-earn
(L2E)
model.
99Bitcons
aims
at
gamifying
crypto
education
by
allowing
users
to
tackle
challenges
and
complete
lessons
to
earn
higher
rankings
and
rewards
through
$99BTC
tokens.

What
is
Spatial
Computing?
Discover
how

#Blockchain
is
transforming
AR/VR,
making
immersive
digital
worlds
more
interactive
and
secure.

Dive
deeper:

https://t.co/2hlZYRFHBv#99BTC

#SpatialComputing

#Web3

—
99Bitcoins
(@99BitcoinsHQ)

April
8,
2024

Furthermore,
99Bitcoins
merges
with
BRC-20,
making
it
easier
for
developers
to
build
apps
on
the
Bitcoin
Network.

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

You
can
also
earn
passively
through


the
project’s
staking
model,
which
offers
an
impressive
855%
annual
percentage
yield
(APY).

Jacob
Bury,
a
prominent
crypto
analyst
on
YouTube,
says
that
the
99Bitcoins
token
could
potentially
surge
10X
after
its
launch.

You
can
buy
$99BTC
tokens
for
$0.00108
each.
With
a
price
hike
coming
in
less
than
4
days,
buy
soon
to
lock
in
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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