{"id":456598,"date":"2023-11-12T15:59:47","date_gmt":"2023-11-12T15:59:47","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=456598"},"modified":"2023-11-12T15:59:47","modified_gmt":"2023-11-12T15:59:47","slug":"bitcoin-price-bull-run-2","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-bull-run-2","title":{"rendered":"Bitcoin Price Prediction: Rare Buy Signal Says BTC Headed For &#8221;Biggest Bull Run Ever;&#8221; This Spot Bitcoin ETF Alt Coin Might Explode"},"content":{"rendered":"<p><span style=\"font-weight: 400\">The Bitcoin price has soared by 39% in the past month as the crypto king traded at <\/span><a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\"><span style=\"font-weight: 400\">$37,192<\/span><\/a><span style=\"font-weight: 400\"> as of 10:50 a.m. EST.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Prominent analyst @el_crypto_prof highlights a rare buy signal seen on the M-Chart for BTC, a phenomenon last seen eight years ago. Concurrently, Bitcoin has surged above the SMA 20 line, reinforcing expectations of an unprecedented pump in the Bitcoin price and what the analyst calls &rdquo;the biggest bull run ever.&rdquo; The presence of institutional players further strengthens this bullish outlook.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <\/p>\n<p>This indicator shows a buy signal on the M-Chart of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>, which has only happened once before and that was 8 YEARS ago.<\/p>\n<p>At the same time <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> also breaks above the SMA 20 line. <\/p>\n<p>One reason why I believe we're facing the biggest bull run ever. <\/p>\n<p>Institutions are here. <a href=\"https:\/\/t.co\/4i7ulROUhp\">pic.twitter.com\/4i7ulROUhp<\/a><\/p>\n<p>&mdash; &#120132;&#120160;&#120166;&#120164;&#120165;&#120146;&#120148;&#9431;&#120150; &#129522; (@el_crypto_prof) <a href=\"https:\/\/twitter.com\/el_crypto_prof\/status\/1723023369098997944?ref_src=twsrc%5Etfw\">November 10, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><span style=\"font-weight: 400\">Bitcoin Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400\">Looking at 1-hour BTC\/USD <a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=CRYPTO\">charts<\/a>, the MACD indicator is now in the green zone as the Relative Strength Indicator moves upwards, with bulls now looking to reclaim the overbought region. Both these point towards a looming price leap in the short term.&nbsp;<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-456603 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T094443.314.png\" alt=\"\" width=\"921\" height=\"502\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T094443.314.png 921w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T094443.314-300x164.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T094443.314-768x419.png 768w\" sizes=\"(max-width: 921px) 100vw, 921px\"><\/p>\n<p><span style=\"font-weight: 400\">The 5-day moving average has now exceeded the 15-day moving average to form a golden cross. This shows bull dominance as they look to break past the $37.8K resistance. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Looking at volatility, The Bollinger bands are not far apart, showing low volatility levels on the Bitcoin price. This comes as trading activities decrease, with the trading volume dropping by 40% in the last 24 hours.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As indicators point to a pump in the Bitcoin price in the short term, the enthusiasm surrounding ETF approvals could send Bitcoin to new, more extraordinary highs.<\/span><\/p>\n<p><span style=\"font-weight: 400\">That&rsquo;s great news for the new Bitcoin ETF Token (BTCETF). It holds the potential to explode big upon completion of <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\"><span style=\"font-weight: 400\">its ongoing pre-sale<\/span><\/a><span style=\"font-weight: 400\"> due to its linkage to ETF-related events.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Bitcoin Price Prediction: Is the BTCETF An Alternative to Bitcoin?<\/span><\/h2>\n<p><span style=\"font-weight: 400\">&nbsp;he Bitcoin ETF Token seeks to capitalize on the boost that the approval of spot Bitcoin ETFs will give Bitcoin and the crypto market broadly.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Identifying the Future! &#128269;<a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinETF<\/a> isn't just another <a href=\"https:\/\/twitter.com\/hashtag\/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#Cryptocurrency<\/a>; it signifies a proactive approach that paves the way for <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> ETFs.<\/p>\n<p>Built on <a href=\"https:\/\/twitter.com\/hashtag\/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw\">#Ethereum<\/a>, <a href=\"https:\/\/twitter.com\/search?q=%24BTCETF&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTCETF<\/a> anticipates and harnesses this forthcoming development, offering exclusive benefits to its community. <a href=\"https:\/\/t.co\/UX7eWXgpBq\">pic.twitter.com\/UX7eWXgpBq<\/a><\/p>\n<p>&mdash; BTCETF_Token (@BTCETF_Token) <a href=\"https:\/\/twitter.com\/BTCETF_Token\/status\/1723279464539251134?ref_src=twsrc%5Etfw\">November 11, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\"><span style=\"font-weight: 400\">BTCETF <\/span><\/a>also <span style=\"font-weight: 400\">aims to provide users with passive income opportunities by allowing them to lock up their tokens and earn payouts annually through the platform&rsquo;s staking technology. <\/span><\/p>\n<p><span style=\"font-weight: 400\">BTCETF also introduces a unique token burn mechanism for specific events in the spot ETF approval process. This results in deflationary pressure as 5% of the total supply is burnt at each milestone.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Early Success in the Pre-sale Phase<\/span><\/h2>\n<p><span style=\"font-weight: 400\">During the initial four days of the presale phase, BTCETF raised over $432,000, with early investors acquiring tokens for $0.0052 each.<\/span><\/p>\n<p><img decoding=\"async\" class=\"size-full wp-image-456599 aligncenter\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T103115.253.png\" alt=\"\" width=\"451\" height=\"179\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T103115.253.png 451w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/Screenshot-2023-11-12T103115.253-300x119.png 300w\" sizes=\"(max-width: 451px) 100vw, 451px\"><\/p>\n<p><span style=\"font-weight: 400\">The whitepaper indicates that 25% of the overall supply is reserved for staking, supporting network security and stability. The present rate of return from staking BTCETF tokens is above 1,000%. However, this rate will fall as more tokens are staked.<\/span><\/p>\n<p><span style=\"font-weight: 400\">BTCETF&rsquo;s early contributors are eligible for exclusive discounts and early entry into the token presale. With a price per token of $0.0052, this presale offers 40% of the entire supply of 840,000,000 tokens.<\/span><\/p>\n<p><iframe title=\"New BITCOIN ETF 10X Potential Crypto Presale?! (WHY THIS MIGHT 10X?!)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/7NhSSPSzmJ4?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<p><span style=\"font-weight: 400\">In tandem with critical dates for the spot BTC ETF, the presale will focus on community building and showcasing the project&rsquo;s unique value proposition. Eighty-four million BTCETF tokens will be available in the presale, giving early backers plenty of options.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400\">Acknowledging the potential benefits that the broader Bitcoin ETF narrative may bring to BTCETF is essential. So, as you watch out for the Bitcoin price, remember to supercharge your upside potential by participating in the BTCETF pre-sale.<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" rel=\"nofollow\"><span style=\"font-weight: 400\">Visit here and get your BTCETF<\/span><\/a><span style=\"font-weight: 400\">.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">Related News<\/span><\/h2>\n<ul>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-bull-run\"><span style=\"font-weight: 400\">Bitcoin Price Prediction: Key Indicator Says BTC May Hit $110K, But This Presale Coin Tied To Spot Bitcoin ETF Approvals May 10X<\/span><\/a><\/li>\n<li style=\"font-weight: 400\"><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-bitcoin-etf-token\"><span style=\"font-weight: 400\">How To Buy Bitcoin ETF Token &ndash; BTCETF Presale Review<\/span><\/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\">Newest Meme Coin ICO - 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