Bitcoin

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BlackRock

<p><span style="font-weight: 400;">The Bitcoin price surged 5% in the last 24 hours </span><a href="https://coinmarketcap.com/currencies/bitcoin/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">to trade at $67,502</span></a><span style="font-weight: 400;"> as of 00:01 a.m. EST on trading volume that jumped 29% to $30 billion.</span></p>
<p><span style="font-weight: 400;">This comes as analysis shows that BlackRock’s spot Bitcoin ETF (exchange-traded fund) could surpass Grayscale’s GBTC ETF in terms of Bitcoin holdings in the next three weeks if the current pace of flows remain unchanged.</span></p>
<p><span style="font-weight: 400;">The BlackRock ETF holds 243,500 BTC as of March 24, worth over $16 billion, with a daily inflow of roughly 4,120 in new BTC. Grayscale, on the other hand, holds an estimated amount of 350,252 BTC worth $23 billion but experiences outflows of roughly 4,140 BTC daily.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">BlackRock’s Bitcoin ETF, <a href="https://twitter.com/search?q=%24IBIT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$IBIT</a>, has been a great success ($16 Billion/243,000 BTC in 11 weeks), but we are still so early 👇 <a href="https://t.co/rGTTWMAjF0" rel="noopener noreferrer nofollow">pic.twitter.com/rGTTWMAjF0</a></p>
 <p>— HODL15Capital 🇺🇸 (@HODL15Capital) <a href="https://twitter.com/HODL15Capital/status/1772051071046680937?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 25, 2024</a></p>
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<h2 id="span-style-font-weight-400-bitcoin-price-bulls-poised-to-sustain-the-bullish-stance-above-the-ascending-triangle-span"><span style="font-weight: 400;">Bitcoin Price Bulls Poised To Sustain The Bullish Stance Above The Ascending Triangle</span></h2>
<figure id="attachment_493999" aria-describedby="caption-attachment-493999" style="width: 100%" class="wp-caption alignnone"><img decoding="async" class="size-full wp-image-493999" src="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-25_08-01-52.png" alt="Bitcoin Price Chart Analysis Source: TradingView.com" width="1281" height="555" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-25_08-01-52.png 1281w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-25_08-01-52-300x130.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-25_08-01-52-1024x444.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/BTCUSD_2024-03-25_08-01-52-768x333.png 768w" sizes="(max-width: 1281px) 100vw, 1281px">
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  BTCUSD Chart Analysis Source: TradingView.com
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<p><span style="font-weight: 400;">The Bitcoin price has been on a tear in recent weeks, reaching all-time highs of $73,737.</span></p>
<p><span style="font-weight: 400;">The recent price movements, trading within the $60,500 and $71,134 ranges, resemble a bullish ascending triangle pattern, suggesting potential for a further price increase by the bulls, over the upper boundary of the pattern.</span></p>
<p><span style="font-weight: 400;">BTC is trading above both the 50-day and 200-day Simple Moving Averages (SMAs), affirming the collective bullish sentiment of the price.</span></p>
<p><span style="font-weight: 400;">Moreover, the Relative Strength Index (RSI) is rebounding from the 50-midline level, currently at 65, which shows intense buying pressure. If the bulls continue to surge the price, the RSI could surpass the 70-overbought region, showing rising investor optimism.</span></p>
<p><img decoding="async" class="alignnone size-full wp-image-494000" src="https://insidebitcoins.com/wp-content/uploads/2024/03/MACD.png" alt="btcMACD" width="1263" height="260" srcset="https://insidebitcoins.com/wp-content/uploads/2024/03/MACD.png 1263w, https://insidebitcoins.com/wp-content/uploads/2024/03/MACD-300x62.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/03/MACD-1024x211.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/03/MACD-768x158.png 768w" sizes="(max-width: 1263px) 100vw, 1263px"></p>
<p><span style="font-weight: 400;">The Moving Average Convergence Divergence (MACD) is also bullish, as the moving average line (blue) crosses above the signal line (orange), which represents a bullish crossover. A bullish crossover is an indication for the bulls to add to their buys, as the price may continue soaring.</span></p>
<p><span style="font-weight: 400;">Additionally, the green bars on the histogram form over the neutral line, which shows that BTC is currently on bullish momentum. The Stochastic Oscillator 14 3 3 line (green) crosses above the trigger line (orange) and trades above the oversold levels at 99, showing a bullish moving average crossover.</span></p>
<h2 id="span-style-font-weight-400-bitcoin-price-prediction-span"><span style="font-weight: 400;">Bitcoin Price Prediction</span></h2>
<p><span style="font-weight: 400;">The Bitcoin price analysis shows a bullish bias, as the bulls aim to surpass the upper boundary of the ascending triangle, with the aim being $80,000. Both the Stochastic Oscillator and the MACD offer optimistic investors a bullish prospect for the price.</span></p>
<p><span style="font-weight: 400;">However, both the Stochastic Oscillator and the RSI show that the asset is overbought, which could prompt a price correction. In this scenario, the bears could take control of the price, driving it through a retrace, with $63,000 acting as the immediate support zone.</span></p>
<p><span style="font-weight: 400;">As the BTC price soars, investors can consider diversifying their holdings via Green Bitcoin, a BTC alternative that analysts say has the potential to soar 10X after launch.</span></p>
<h2 id="span-style-font-weight-400-green-bitcoin-blasts-past-8-7-million-last-chance-to-buy-before-presale-ends-span"><span style="font-weight: 400;">Green Bitcoin Blasts Past $8.7 Million – Last Chance To Buy Before Presale Ends</span></h2>
<p><span style="font-weight: 400;">The </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">Green Bitcoin (GBTC)</span></a><span style="font-weight: 400;"> presale is nearing its end, having already amassed over $8.7 million as it races towards the $9 million mark. Green Bitcoin is an eco-friendly alternative to Bitcoin that is focused on environmental sustainability.</span></p>
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 <p lang="en" dir="ltr">With Decentralized and Centralized exchange listings not far away, the momentum Green Bitcoin is generating is getting intense.</p>
 <p>We love the movement! <a href="https://t.co/QeOhyUA35f" rel="noopener noreferrer nofollow">pic.twitter.com/QeOhyUA35f</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1771637913387958733?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">March 23, 2024</a></p>
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<p><span style="font-weight: 400;">The project merges Bitcoin’s traditional attributes with the eco-conscious features of the Ethereum network.</span></p>
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 <p lang="en" dir="ltr">Introducing Green Bitcoin: A Revolutionary Predict-To-Earn Token.</p>
 <p>Join us on our Gamified Green Staking Platform, where your predictions can turn into profits!</p>
 <p>Website: <a href="https://t.co/dG5cEeCtRs" rel="noopener noreferrer nofollow">https://t.co/dG5cEeCtRs</a><br>Telegram: <a href="https://t.co/bWanoe0vHv" rel="noopener noreferrer nofollow">https://t.co/bWanoe0vHv</a> <a href="https://t.co/eXuGQBkxio" rel="noopener noreferrer nofollow">pic.twitter.com/eXuGQBkxio</a></p>
 <p>— GreenBitcoin (@GreenBTCtoken) <a href="https://twitter.com/GreenBTCtoken/status/1731315050349002862?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">December 3, 2023</a></p>
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<p><span style="font-weight: 400;">Green Bitcoin introduces the Gamified Green Staking system, allowing users to stake the native GBTC tokens while earning rewards for accurately predicting the Bitcoin price.</span></p>
<h2 id="span-style-font-weight-400-buy-and-stake-gbtc-earn-rewards-span"><span style="font-weight: 400;">Buy And Stake $GBTC, Earn Rewards</span></h2>
<p><span style="font-weight: 400;">You can also </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">stake $GBTC</span></a><span style="font-weight: 400;">, which earns an impressive 77% annual percentage yield (APY). Investors on the platform have already staked over 7.5 million tokens.</span></p>
<p><span style="font-weight: 400;">According to Jacob Bury, a popular crypto analyst and YouTuber, Green Bitcoin has the potential to surge 10X after launch.</span></p>
<p><iframe title="GreenBTC New 10x Potential Low Market Cap Gem?! (BTC Alternative)" width="640" height="360" src="https://www.youtube.com/embed/VWvjq40oJNo?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe></p>
<p><span style="font-weight: 400;">To take part in the presale, you can invest now for just $1.1062 before the presale ends.</span></p>
<p><span style="font-weight: 400;">You can purchase $GBTC tokens on </span><a href="https://insidebitcoins.com/visit/greenbitcoin" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">the official Green Bitcoin website</span></a><span style="font-weight: 400;">, where you can exchange ETH or USDT for $GBTC, or buy them directly with your bank card.</span></p>
<h2 id="span-style-font-weight-400-related-news-span"><span style="font-weight: 400;">Related News</span></h2>
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 <li style="font-weight: 400;"><a href="https://insidebitcoins.com/buy-cryptocurrency/buy-bitcoin/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">How to Buy Bitcoin Online Safely</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/best-crypto-icos-2024-top-picks-big-returns-juliana-clarisse-calsona-zcxqe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤑💰 Best Crypto ICOs of 2024: Top Picks for Big Returns 💰🤑🚀</span></a></li>
 <li style="font-weight: 400;"><a href="https://www.linkedin.com/pulse/best-ai-crypto-coin-projects-top-picks-2023-juliana-clarisse-calsona-d67oe/" rel="noopener noreferrer nofollow"><span style="font-weight: 400;">🚀🤖 Best AI Crypto Coin Projects: Top Picks for 2023 🤑💰</span></a></li>
</ul>
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Bitcoin Price Prediction: BTC Pumps 5% As BlackRock Closes On Grayscale And This Green ICO Skyrockets Towards $9 Million

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