{"id":458355,"date":"2023-11-20T10:38:43","date_gmt":"2023-11-20T10:38:43","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=458355"},"modified":"2023-11-20T11:41:49","modified_gmt":"2023-11-20T11:41:49","slug":"bitcoin-price-prediction-btc-price-at-37000-as-argentina-elects-crypto-friendly-president-while-this-presale-token-gives-you-the-benefits-of-etf-today","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-btc-price-at-37000-as-argentina-elects-crypto-friendly-president-while-this-presale-token-gives-you-the-benefits-of-etf-today","title":{"rendered":"Bitcoin Price Prediction: BTC Climbs As Argentina Elects Crypto-Friendly President While This Presale Token Offers Huge Gains From Spot Bitcoin ETFs Now"},"content":{"rendered":"<p>Bitcoin price is up 2% in the last 24 hours, to sell for $<a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">37,209<\/a> as of 5:15 AM EST. Trading volume has increased by 33% in the same timeframe.<\/p>\n<p>The interest in BTC may well stem from the announcement that Javier Milei, a keen supporter of cryptocurrencies and Bitcoin in particular, has been elected President of Argentina.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&ldquo;With legal tender, they scam you with the inflationary tax&hellip; <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is the natural reaction against central bank scammers; to make money private again.&rdquo;  &ndash; Javier Milei, President of Argentina &#127462;&#127479;&#127462;&#127479;<a href=\"https:\/\/t.co\/Rs2yXFo4e7\">pic.twitter.com\/Rs2yXFo4e7<\/a><\/p>\n<p>&mdash; Dylan LeClair &#128992; (@DylanLeClair_) <a href=\"https:\/\/twitter.com\/DylanLeClair_\/status\/1726386447429537861?ref_src=twsrc%5Etfw\">November 19, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2><\/h2>\n<p>Bitcoin price has returned above the $37,000 level despite the US Securities and Exchange Commission (SEC) missing its latest eight-day window for spot ETF approvals.<\/p>\n<h2>Bitcoin Price Outlook As Argentina Bucks BTC Past $37,000<\/h2>\n<p>Momentum indicators such as the Relative Strength Index (RSI) point to indecisiveness, with its overall flattened look and hinted deviation to the south. The Awesome Oscillator (AO) also adds credence to the downside, with its histogram bars flashing red as their volumes reduce. If the outlook sustains, it could flip bearish below the zero line.<\/p>\n<p>The volume indicator also corroborates the outlook as it remains low, supporting the weak price strength.<\/p>\n<p>Unless the bulls increase their buying strength, Bitcoin price could move below the mean threshold at $36,788. This could extend south below the grasp of the lower boundary of the supply zone at $36,276.<\/p>\n<p>Increased selling pressure past the aforementioned level could send Bitcoin price below the ascending trendline to test the support confluence between the 25-day Exponential Moving Average (EMA) at $35,410.<\/p>\n<p>Lower, Bitcoin price could find support due to the 50-day EMA at $33,295, collecting buy-side liquidity residing underneath, with the potential to slide lower to the supply zone that now acts as a bullish breaker extending from $30,126 to $31,524.<\/p>\n<p>A break and close below the mean midline of this order block at $30,824 would confirm the continuation of the downtrend.<\/p>\n<figure id=\"attachment_458359\" aria-describedby=\"caption-attachment-458359\" style=\"width: 1271px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33.png\"><img decoding=\"async\" class=\"wp-image-458359 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33.png\" alt=\"Bitcoin price\" width=\"1271\" height=\"529\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33.png 1271w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33-300x125.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33-1024x426.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2023\/11\/BTCUSDT_2023-11-20_07-11-33-768x320.png 768w\" sizes=\"(max-width: 1271px) 100vw, 1271px\"><\/a><figcaption id=\"caption-attachment-458359\" class=\"wp-caption-text\"><a href=\"https:\/\/www.tradingview.com\/x\/iLpp4X99\/\" target=\"_blank\" rel=\"noopener\">TradingView: BTC\/USDT 1-day chart<\/a><\/figcaption><\/figure>\n<p>As the Bitcoin community joins Argentina in celebrating Milei&rsquo;s victory, <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" target=\"_blank\" rel=\"noopener nofollow\">Bitcoin ETF Token<\/a> takes the stage. Analysts say it is the best crypto presale to buy in 2023. Experts anticipate 10X growth potential upon launch.<\/p>\n<p><iframe title=\"Best 5 Crypto Presales to Buy NOW! (10X POTENTIAL COINS?)\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/i7tLOR_-vpc?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>Promising Alternative To Bitcoin<\/h2>\n<p>The Bitcoin ETF Token project brings forth its native token, BTCETF, an <a href=\"https:\/\/insidebitcoins.com\/news\/coincodexs-youtube-channel-features-a-new-erc-20-token-linked-to-potential-bitcoin-etf-approval\" target=\"_blank\" rel=\"noopener\">ERC-20 token<\/a>, selling for $0.0056. So far, presale collections have reached $1.19 million, out of the target objective of $1.78 million.<\/p>\n<p><iframe title=\"New BTC ETF 10X Potential Crypto?! | Bitcoin Alternative With Staking Rewards!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/17pXZtSNHDM?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>Bitcoin ETF Token is an innovative venture that continues to reshape the cryptocurrency landscape by <a href=\"https:\/\/insidebitcoins.com\/news\/new-crypto-presale-capitalizes-on-the-growing-popularity-of-bitcoin-etfs-austin-hiltons-video-review\" target=\"_blank\" rel=\"noopener\">front-running the BTC ETF narrative<\/a>. The Bitcoin ETF Token project is not linked to any Bitcoin ETF products that may enter the market. But its roadmap corresponds to actual events that are expected to occur in the cryptocurrency markets.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The <a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinETF<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Token?src=hash&amp;ref_src=twsrc%5Etfw\">#Token<\/a> is not linked to any <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/ETF?src=hash&amp;ref_src=twsrc%5Etfw\">#ETF<\/a> products that may enter the market. <\/p>\n<p>The roadmap does, however, correspond with actual events that are expected to occur in the <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> markets. &#128467;&#65039; <a href=\"https:\/\/t.co\/sWpFZDEgFk\">pic.twitter.com\/sWpFZDEgFk<\/a><\/p>\n<p>&mdash; BTCETF_Token (@BTCETF_Token) <a href=\"https:\/\/twitter.com\/BTCETF_Token\/status\/1725438687960252685?ref_src=twsrc%5Etfw\">November 17, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The project is tied to the Bitcoin price&rsquo;s development and the <a href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-etf-approval-anticipated-high-staking-bitcoin-alternative-raises-half-million-in-presale\" target=\"_blank\" rel=\"noopener\">expected ETF approvals<\/a> from the US SEC. Interested investors are advised to join the community for news feeds that will keep you updated on all the latest news.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/BitcoinETF?src=hash&amp;ref_src=twsrc%5Etfw\">#BitcoinETF<\/a> is a <a href=\"https:\/\/twitter.com\/hashtag\/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#Cryptocurrency<\/a> tied to the fate of <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> and the expected <a href=\"https:\/\/twitter.com\/hashtag\/ETF?src=hash&amp;ref_src=twsrc%5Etfw\">#ETF<\/a> approvals coming from the <a href=\"https:\/\/twitter.com\/hashtag\/SEC?src=hash&amp;ref_src=twsrc%5Etfw\">#SEC<\/a>. <\/p>\n<p>Our news feed will keep you updated on all the latest news. &#128240;<\/p>\n<p>Follow, activate notifications, and stay ahead of historic Bitcoin events! &#128276; <a href=\"https:\/\/t.co\/hVO6LhxMOj\">pic.twitter.com\/hVO6LhxMOj<\/a><\/p>\n<p>&mdash; BTCETF_Token (@BTCETF_Token) <a href=\"https:\/\/twitter.com\/BTCETF_Token\/status\/1725076310244892695?ref_src=twsrc%5Etfw\">November 16, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Visit the Bitcoin ETF Token website to <a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-bitcoin-etf-token\" target=\"_blank\" rel=\"noopener\">buy BTCETF<\/a> in the presale <a href=\"https:\/\/insidebitcoins.com\/visit\/btcetftoken\" target=\"_blank\" rel=\"noopener nofollow\">here<\/a>.<\/p>\n<h3>Also Read:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-buy-bitcoin-etf-token\">How To Buy Bitcoin ETF Token &ndash; BTCETF Presale Review<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/bitcoin-etf-token-price-prediction\">Bitcoin ETF Token Price Prediction &ndash; BTCETF Price Potential In 2023<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/new-crypto-presale-capitalizes-on-the-growing-popularity-of-bitcoin-etfs-austin-hiltons-video-review\">New Crypto Presale Capitalizes on the Growing Popularity of Bitcoin ETFs &ndash; 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Trading volume has increased by 33% <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":458361,"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-458355","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>Bitcoin Price Prediction: BTC Climbs As Argentina Elects Crypto-Friendly President While This Presale Token Offers Huge Gains From Spot Bitcoin ETFs Now - InsideBitcoins.com<\/title>\n<meta name=\"description\" content=\"Bitcoin price is up 2% in the last 24 hours, to sell for $37,209 as of 5:15 AM EST. 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