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Bitcoin Price Prediction As Jack Dorsey Says BTC Will Hit $1M By 2030 And This Learn-To-Earn Crypto ICO Races Towards $2M

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Bitcoin price
Bitcoin price

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The Bitcoin price has climbed almost 2% in the past 24 hours to trade for $62,774 as of 01:45 a.m. EST.

According to analysts at Coinglass, if the bulls are able to haul BTC back above the $63,000 threshold, it would induce strength among altcoins.

Elsewhere, Glassnode researchers say that the Bitcoin price has recorded the deepest correction on a closing basis since the FTX lows in November 2022.  Despite holding over 20% below its $73,777 peak, the same analysts say that this macro uptrend still appears to be one of the most resilient in history.

Meanwhile, Twitter (now X) co-founder Jack Dorsey says that BTC will be worth “at least a million” by 2030, adding that it could go beyond that. Dorsey made this super-bullish prediction on May 9 during an interview on Pirate Wires.

Bitcoin Price Prediction

The Bitcoin price has slipped below the centerline of the Bollinger band indicator as shown on GeckoTerminal chart for the WBTC/USD trading pair, suggesting increasing volatility towards the downside. The position of the relative Strength Index (RSI) below the mean level of 50 shows that the market may be primed for further downside before a correction. Notice the Awesome Oscillator (AO) is also still in negative territory, tilting the odds further in favor of the downside.

If selling pressure increases, the Bitcoin price could slip below the lower band of the Bollinger indicator at $59,076. Such a directional bias could see the Bitcoin price extend the fall to $57,829, or in a dire case, provide another buying opportunity around the $50,000 psychological level.

Bitcoin price

WBTC/USD 1-day chart

On the other hand, if the bulls recover the market, the Bitcoin price could activate the falling wedge pattern. This would mean a bullish reversal to the 20% target objective of the technical formation. This target is measured by adding the maximum distance between the upper and lower trend lines to the expected breakout point.

Meanwhile, investors are flocking to 99BTC, a learn-to-earn platform that features among the top five meme coins to buy in May, according to Crypto YouTube channel 99Bitcoins.

It’s already raised upwards of $1.168 million in its presale.

Promising Alternative To Bitcoin

99Bitcoins is a long-established educational platform that traces back to 2013, four years after Bitcoin’s 2009 launch, and two before Ethereum arrived.

Starting out as BitcoinWithPayPal.com, It’s transitioning to Web3 with its $99BTC token. 99Bitcoins promises a groundbreaking earn-as-you-learn experience for users of the website.

99Bitcoins incentivizes learning through a unique mix of gamification and a leaderboard reward system. This ensures users feel like their learning is bearing tangible and therefore spendable benefits. You basically earn crypto while learning about crypto.

Out of a total of 99 billion 99BTC tokens, 15% have been set aside to be sold over the course of a fourteen-round presale. The objective is to raise the funds required to expedite cutting-edge development around the project’s BRC-20 integration.

Buyers can stake 99BTC tokens for an annual return of 1,476%. So far, upwards of 737 million 99BTC tokens have been staked.

The 99BTC token is currently selling for $0.00104, but with a price increase coming in about four days, buy soon if you are interested.

Visit and buy 99Bitcoins here.

Also Read:

99Bitcoins (99BTC) - New Learn To Earn Token

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99Bitcoins
  • Audited By Solid Proof
  • Established Brand - Founded In 2013
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99Bitcoins

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