{"id":448427,"date":"2023-10-17T12:09:21","date_gmt":"2023-10-17T12:09:21","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=448427"},"modified":"2023-10-17T12:09:21","modified_gmt":"2023-10-17T12:09:21","slug":"while-bitcoin-gold-relives-its-glory-days-bitcoin-minetrix-aims-to-create-its-own-legacy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/while-bitcoin-gold-relives-its-glory-days-bitcoin-minetrix-aims-to-create-its-own-legacy","title":{"rendered":"While Bitcoin Gold Relives Its Glory Days, Bitcoin Minetrix Aims to Create Its Own Legacy"},"content":{"rendered":"<p>Bitcoin Gold (BTG) is relieving its glory days, trading with a bullish bias. It comes after a 20% slump from the monthly highs of $14.98 recorded on October 3. The token is a hard fork of Bitcoin (<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\" target=\"_blank\" rel=\"noopener\">BTC<\/a>), standing alongside the likes of Bitcoin Cash (<a href=\"https:\/\/insidebitcoins.com\/news\/bch-flourishes-but-the-bitcoin-minetrix-presale-could-set-new-benchmarks\" target=\"_blank\" rel=\"noopener\">BCH<\/a>), Bitcoin SV (<a href=\"https:\/\/insidebitcoins.com\/news\/bsv-triumphs-in-todays-market-but-bitcoin-minetrix-might-just-be-tomorrows-big-winner\" target=\"_blank\" rel=\"noopener\">BSV<\/a>), Litecoin (<a href=\"https:\/\/insidebitcoins.com\/news\/litecoin-price-prediction-for-today-september-22-ltc-technical-analysis\" target=\"_blank\" rel=\"noopener\">LTC<\/a>), and others.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">DID YOU KNOW&hellip; <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> has babies&hellip; <br>it got hard forked&hellip;  and conceived these crypto babies &ndash; the real family<br>BitcoinCash <a href=\"https:\/\/twitter.com\/search?q=%24BCH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BCH<\/a><br>Bitcoin SV <a href=\"https:\/\/twitter.com\/search?q=%24BSV&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BSV<\/a><br>Bitcoin Gold <a href=\"https:\/\/twitter.com\/search?q=%24BTG&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTG<\/a> <br>Bitcoin Diamond <a href=\"https:\/\/twitter.com\/search?q=%24BCD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BCD<\/a> <br>Litecoin <a href=\"https:\/\/twitter.com\/search?q=%24LTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$LTC<\/a> <br>Namecoin <a href=\"https:\/\/twitter.com\/search?q=%24NMC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$NMC<\/a><br>Dash <a href=\"https:\/\/twitter.com\/search?q=%24DASH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DASH<\/a><br>Zcash <a href=\"https:\/\/twitter.com\/search?q=%24ZEC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$ZEC<\/a><br>Vertcoin <a href=\"https:\/\/twitter.com\/search?q=%24VTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$VTC<\/a><br>Feathercoin <a href=\"https:\/\/twitter.com\/search?q=%24FTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$FTC<\/a><br>Dogecoin&hellip;<\/p>\n<p>&mdash; &#10083;&#65039;Lisa N Edwards&#10083;&#65039; (@LisaNEdwards) <a href=\"https:\/\/twitter.com\/LisaNEdwards\/status\/1714191084706750517?ref_src=twsrc%5Etfw\">October 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>It, therefore, benefits from the overflows of the ongoing hype in the king of crypto&rsquo;s ecosystem, as the market anticipates a green light from the US Securities and Exchange Commission (SEC) regarding spot BTC exchange-traded funds (ETF).<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Super Bullish on <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinETF<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24GOLD&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$GOLD<\/a> <a href=\"https:\/\/twitter.com\/GoldCoinETH?ref_src=twsrc%5Etfw\">@GoldCoinETH<\/a> <a href=\"https:\/\/t.co\/emYh4UQh26\">pic.twitter.com\/emYh4UQh26<\/a><\/p>\n<p>&mdash; MrsCashOG (@MrsCashOG) <a href=\"https:\/\/twitter.com\/MrsCashOG\/status\/1713826869336817982?ref_src=twsrc%5Etfw\">October 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>With this, BTG features among the top five trending coins today as traders look to capitalize on the &ldquo;rally by association.&rdquo; Notably, Bitcoin forks tend to rally whenever the big crypto is trending.<\/p>\n<p>https:\/\/twitter.com\/CryptoGiants_\/status\/1714056761336893838<\/p>\n<p>Meanwhile, the altcoin stands almost 20% above its October 13 low of $11.77, boasting a sustained uptrend characterized by four successive green candlesticks. At the time of writing, the token&rsquo;s value is $13.55, with prospects for more gains because of the optimistic technicals.<\/p>\n<h2>Bitcoin Gold Price Prediction With BTG Relieving Its Glory Days<\/h2>\n<p>Bitcoin Gold could record more gains after the 20% boost, considering the Relative Strength Index (RSI) shows strong price strength. Its position above the 50 level solidifies the case to the upside, as it signifies bulls are leading the market. The histogram bars of the Awesome Oscillator (AO) are also green, bolstering the case for the bulls.<\/p>\n<p>Increased buying pressure above current levels could see Bitcoin Gold&rsquo;s price clear the immediate barricade at the $14.00 psychological level. A break and close above this level could see BTG tag the 50% Fibonacci retracement at $14.78. A sustained move above this level would send the Bitcoin fork past the $16.00 psychological level. The next logical target would be a retracement of the 78% psychological level at $17.50.<\/p>\n<figure id=\"attachment_448429\" aria-describedby=\"caption-attachment-448429\" style=\"width: 1209px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47.png\"><img decoding=\"async\" class=\"wp-image-448429 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47.png\" alt=\"Bitcoin Gold\" width=\"1209\" height=\"571\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47.png 1209w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47-300x142.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47-1024x484.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/10\/BTGUSDT_2023-10-17_11-38-47-768x363.png 768w\" sizes=\"(max-width: 1209px) 100vw, 1209px\"><\/a><figcaption id=\"caption-attachment-448429\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/x\/f3tMz8Jz\/\" target=\"_blank\" rel=\"noopener\">TradingView: BTG\/USDT 1-day chart<\/a><\/figcaption><\/figure>\n<p>Conversely, a rejection from the $14.00 psychological level could send the Bitcoin Gold price south. Notably, the history of the RSI shows that the 60 level was just as high as momentum would go. If history repeats, then the upside potential for the BTC fork could be exhausted for the short term.<\/p>\n<p>If Bitcoin Gold moves south, the next sensible target would be a retracement of the 23.6% Fibonacci at $12.28. In the dire case, the slump would extend to the floor price of $10.04. Such a move would constitute a 25% drop from current levels.<\/p>\n<p>Instead of looking to the Bitcoin forks, why not get the actual BTC? There is an easy way to become a Bitcoin owner other than the <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\" target=\"_blank\" rel=\"noopener\">traditional, expensive and labor-intensive way<\/a>. All you have to do is <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" target=\"_blank\" rel=\"noopener nofollow\">buy BTCMTX<\/a>.&nbsp; According to experts, the project has huge potential. They anticipate remarkable ROI.<\/p>\n<p><iframe title=\"&#128293;NEW CRYPTO COIN BITCOIN MINETRIX (BTCMINETRIX) BIG POTENTIAL?! (Honest Review &amp; Price Predication)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/ST0gouFLaTg?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>Bitcoin Gold Alternative<\/h2>\n<p>Bitcoin Minetrix is a <a href=\"https:\/\/insidebitcoins.com\/news\/new-stake-to-mine-crypto-presale-with-potential-for-high-returns\" target=\"_blank\" rel=\"noopener\">new stake-to-mine<\/a> project offering willing investors a chance to own BTC. To do so, investors must buy and stake the project&rsquo;s powering token, BTCMTX, and earn credits in return. The credits can then be redeemed for <a href=\"https:\/\/insidebitcoins.com\/news\/michael-wrubel-thinks-the-future-of-cloud-mining-bitcoin-minetrix-presale-review\" target=\"_blank\" rel=\"noopener\">cloud mining<\/a> hash power.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Exploring the mining process of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> with <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinMinetrix<\/a>! &#9874;<a href=\"https:\/\/twitter.com\/hashtag\/Cloudmining?src=hash&amp;ref_src=twsrc%5Etfw\">#Cloudmining<\/a> unlocks a direct path to <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a>:<\/p>\n<p>&#10024; Easy entry for beginners<br>&#128181; Cost-effective with zero hardware expenses<br>&#127750; No worries about space, noise, or overheating<br>&#128640; Simple upgrades <a href=\"https:\/\/t.co\/unhHqpWHw2\">pic.twitter.com\/unhHqpWHw2<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1713948095606632763?ref_src=twsrc%5Etfw\">October 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project has tokenized the entire process, which enables token holders to have full control. Specifically, it has eliminated third parties and, with this, the risk of fraud. Further, it has eliminated the need to buy expensive hardware, floor space, and the need to endure all the noise. Amid rising global concerns over energy consumption, <a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-mining-may-save-the-planet-ignoring-it-in-esg-funds-is-gross-negligence-climate-tech-investor-says\" target=\"_blank\" rel=\"noopener\">Bitcoin mining<\/a> is making strides toward renewable sources.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BTCMTX?src=hash&amp;ref_src=twsrc%5Etfw\">#BTCMTX<\/a> offers a trustworthy cloud mining solution for all.<\/p>\n<p>In the past, concerns about expensive hardware and cloud mining frauds discouraged numerous individuals from participating.<\/p>\n<p>This decentralized strategy ensures a mining journey that is both transparent and secure.&#128274;&#128275; <a href=\"https:\/\/t.co\/gQddNUPpnk\">pic.twitter.com\/gQddNUPpnk<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1714189567757004932?ref_src=twsrc%5Etfw\">October 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Investors buy BTCMTX using a bank card, Ethereum (<a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-ethereum\" target=\"_blank\" rel=\"noopener\">ETH<\/a>), or Tether (USDT) stablecoin. The token is still affordable, with a standard rate of $0.0111 per BTCMTX token. However, this rate may not stand too long, with only twelve days left before the price goes up. Meanwhile, the presale is going well, with upwards of $1.643 million already in the bag. This is more than 50% of the $3.094 million target.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Witness <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinMinetrix<\/a> achieving another remarkable milestone!<\/p>\n<p>More than $1,600,000 raised!&#129689; <a href=\"https:\/\/t.co\/yyrHTMRQz2\">pic.twitter.com\/yyrHTMRQz2<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1714204890661113991?ref_src=twsrc%5Etfw\">October 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Notably, the project is in the second stage of the presale after successfully completing the first stage with all the tokens sold out. Buy BTCMTX today through <a href=\"https:\/\/insidebitcoins.com\/visit\/bitcoinminetrix\" rel=\"nofollow\">Bitcoin Minetrix&rsquo;s website<\/a>, which has a very easy-to-use dashboard. No technical training or expertise is required to understand or operate.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing the <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinMinetrix?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinMinetrix<\/a> Stake-to-Mine Dashboard! &#128202;<\/p>\n<p>Ensuring easy handling of <a href=\"https:\/\/twitter.com\/search?q=%24BTCMTX&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCMTX<\/a> and mining credits, all within the user-friendly <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> Minetrix dashboard. <a href=\"https:\/\/t.co\/yLVU500P6h\">pic.twitter.com\/yLVU500P6h<\/a><\/p>\n<p>&mdash; Bitcoinminetrix (@bitcoinminetrix) <a href=\"https:\/\/twitter.com\/bitcoinminetrix\/status\/1713464780483174449?ref_src=twsrc%5Etfw\">October 15, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h3>Also Read<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/experts-predict-this-new-stake-to-mine-crypto-could-10x-at-launch-the-future-of-cloud-mining\">Experts Predict This New Stake-to-Mine Crypto Could 10x at Launch &ndash; The Future of Cloud Mining?<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/new-stake-to-mine-crypto-presale-with-potential-for-high-returns\">New Stake-to-Mine Crypto Presale With Potential For High Returns<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/traders-flock-to-new-crypto-presale-with-launch-of-stake-to-mine-protocol-btcmtx\">Traders Flock To New Crypto Presale With Launch of Stake-to-Mine Protocol &ndash; $BTCMTX<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Best Wallet - 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It comes after a 20% slump from the monthly highs of $14.98 <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/in-content-providers\/a-default-box\" title=\"A Default Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1911,"featured_media":448430,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-448427","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-more-crypto-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.8 (Yoast SEO v23.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>While Bitcoin Gold Relives Its Glory Days, Bitcoin Minetrix Aims to Create Its Own Legacy - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Bitcoin Gold (BTG) is relieving its glory days, trading with a bullish bias. 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