{"id":536084,"date":"2024-06-14T21:18:08","date_gmt":"2024-06-14T21:18:08","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=536084"},"modified":"2024-06-14T21:18:08","modified_gmt":"2024-06-14T21:18:08","slug":"bitcoin-price-prediction-top-analyst-sees-btc-hitting-100k-this-year-as-the-99btc-presale-rockets-towards-3-million","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-top-analyst-sees-btc-hitting-100k-this-year-as-the-99btc-presale-rockets-towards-3-million","title":{"rendered":"Bitcoin Price Prediction: Top Analyst Sees BTC Hitting $100k This Year As The 99BTC Presale Rockets Towards $3 Million"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price dropped by a fraction of a percent in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400;\">to trade at $66,892<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:31 a.m. EST on trading volume that plunged 24% to $26.9 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as the analyst and trader pseudonymously known as Altcoin Sherpa says that Bitcoin could soar almost 50% to over $100,000 later this year.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>: This is the trading range<\/p>\n<p>anything in this area is just noise<\/p>\n<p>we're still chopping around and bullish HTF\/ chop on LTF<\/p>\n<p>Tranquilo, we're still going to 100k+ later this year IMO <a href=\"https:\/\/t.co\/c4TuTEmdhc\">pic.twitter.com\/c4TuTEmdhc<\/a><\/p>\n<p>&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href=\"https:\/\/twitter.com\/AltcoinSherpa\/status\/1800691648915280320?ref_src=twsrc%5Etfw\">June 12, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">According to the analyst, the 200 exponential moving average (EMA) over the short term acts as a possible pointer for BTC price direction.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Bitcoin Price Gearing Up For A Breakout Above $72,605<\/span><\/h2>\n<figure id=\"attachment_536085\" aria-describedby=\"caption-attachment-536085\" style=\"width: 1113px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-536085\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/WBTC_2024-06-14_10-31-55.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1113\" height=\"488\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/WBTC_2024-06-14_10-31-55.png 1113w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/WBTC_2024-06-14_10-31-55-300x132.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/WBTC_2024-06-14_10-31-55-1024x449.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/06\/WBTC_2024-06-14_10-31-55-768x337.png 768w\" sizes=\"(max-width: 1113px) 100vw, 1113px\"><figcaption id=\"caption-attachment-536085\" class=\"wp-caption-text\">BTCUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">The Bitcoin price has been in a markup phase since mid-May, as bullish investors capitalized on the formation of the inverse head and shoulders pattern to push the token up. However, the surge faced some resistance around $72,184, according to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/eth\/pools\/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\"> shows.&nbsp;<\/span><\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-price\/bitcoin-price\/\"><span style=\"font-weight: 400;\">BTC price<\/span><\/a><span style=\"font-weight: 400;\"> is currently trending inside a consolidation zone and is currently upheld by a strong support level of around $66,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the Bitcoin price dropped below both the 50-day and 200-day Simple Moving Averages, which act as the immediate resistance zones around $67,448 and $69,177, respectively.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is trading downwards from the 50-midline level as it closes in on the 30-oversold level, currently at 42, a signal of intense selling pressure.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Bitcoin Price Prediction<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The Bitcoin price analysis shows a bullish bias, as the bulls aim to push the token over the consolidation channel, targeting $77,000 in the coming weeks.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, if the bears continue selling and break the $66,000 support, BTC could tumble all the way to the next support zone around $56,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Bitcoin bulls aiming for a bullish trend reversal is great news for 99Bitcoins, a presale that&rsquo;s raised more than $2.1 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to crypto analyst and YouTuber Jacob Bury, $99BTC could potentially surge 10X after its launch.<\/span><\/p>\n<p><iframe title=\"New 10x Potential Crypto Presale 99Bitcoins - Flip $1k into $10k?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/G2trqq3KNYE?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><span style=\"font-weight: 400;\">99Bitcoins Presale Raises Over $2.1 Million, Hurtling Towards The $3 Million Milestone<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">99Bitcoins (99BTC)<\/span><\/a><span style=\"font-weight: 400;\"> platform has become a crucial resource for newcomers navigating the complexities of the crypto world. It has over two million registered users for its courses and more than 700,000 subscribers on its YouTube channel.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Its latest innovation is the launch of its ICO, which is fueling a ground-breaking learn-to-earn (L2E) model. 99BTC is set to gamify crypto education by allowing its users to tackle challenges and complete lessons to earn higher rankings and rewards through $99BTC tokens.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">99Bitcoins is set to launch its token initially as an ERC-20 token but will integrate its token into the Bitcoin network using the BRC-20 token standard.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Introducing $99BTC on BRC-20! &#127891;<\/p>\n<p>Since 2013, <a href=\"https:\/\/twitter.com\/hashtag\/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#99Bitcoins<\/a> has been the go-to resource for learning about <a href=\"https:\/\/twitter.com\/hashtag\/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#Cryptocurrency<\/a>.<\/p>\n<p>We're launching a platform that enables the building of <a href=\"https:\/\/twitter.com\/hashtag\/dApps?src=hash&amp;ref_src=twsrc%5Etfw\">#dApps<\/a> on top of the <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> network!&#128161;<a href=\"https:\/\/twitter.com\/hashtag\/LearnToEarn?src=hash&amp;ref_src=twsrc%5Etfw\">#LearnToEarn<\/a> rewards users on the Bitcoin blockchain.&#128588;<\/p>\n<p>&mdash; 99Bitcoins (@99BitcoinsHQ) <a href=\"https:\/\/twitter.com\/99BitcoinsHQ\/status\/1785308220677853254?ref_src=twsrc%5Etfw\">April 30, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Token holders can earn passively from <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">the project&rsquo;s staking option<\/span><\/a><span style=\"font-weight: 400;\">, which offers an annual percentage yield (APY) of 777%.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">How many of these bad boys will <a href=\"https:\/\/twitter.com\/PeterSchiff?ref_src=twsrc%5Etfw\">@PeterSchiff<\/a> be popping? &#128138;<a href=\"https:\/\/twitter.com\/hashtag\/99Bitcoins?src=hash&amp;ref_src=twsrc%5Etfw\">#99Bitcoins<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/CryptoCurrency?src=hash&amp;ref_src=twsrc%5Etfw\">#CryptoCurrency<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BTC?src=hash&amp;ref_src=twsrc%5Etfw\">#BTC<\/a> <a href=\"https:\/\/t.co\/yIEeuGsSdx\">pic.twitter.com\/yIEeuGsSdx<\/a><\/p>\n<p>&mdash; 99Bitcoins (@99BitcoinsHQ) <a href=\"https:\/\/twitter.com\/99BitcoinsHQ\/status\/1794684946453262569?ref_src=twsrc%5Etfw\">May 26, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">You can buy $99BTC tokens for $0.00109 each at present. But with a price hike coming in less than 4 days, don&rsquo;t wait too long to secure the best deal.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale, <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/99bitcoins\" rel=\"nofollow\"><span style=\"font-weight: 400;\">buy $99BTC from the official website here<\/span><\/a><span style=\"font-weight: 400;\"> using ETH, USDT, or a bank card.<\/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\/buy-cryptocurrency\/make-money-with-cryptocurrency\/\"><span style=\"font-weight: 400;\">How to Make Money with Cryptocurrency &ndash; 8 Best Ways<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-metaverse-crypto-projects-top-picks-nft-virtual-world-calsona-r6the\/\"><span style=\"font-weight: 400;\">&#128640;&#127760; Best Metaverse Crypto Projects: Top Picks for NFT and Virtual World Enthusiasts &#127918;&#128176;<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/www.linkedin.com\/pulse\/best-web3-crypto-projects-top-picks-investing-future-calsona-qr6te\"><span style=\"font-weight: 400;\">&#128640;&#127765; Best Web3 Crypto Projects: Top Picks for Investing in Decentralized Future &#127760;&#128176;<\/span><\/a><\/li>\n<\/ul>\n\n            \n","protected":false},"excerpt":{"rendered":"<div class=\"fin-excerpt\">The Bitcoin price dropped by a fraction of a percent in the last 24 hours to trade at $66,892 as of 03:31 a.m. EST on <a class=\"read-more-link\" href=\"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-top-analyst-sees-btc-hitting-100k-this-year-as-the-99btc-presale-rockets-towards-3-million\" title=\"Bitcoin Price Prediction: Top Analyst Sees BTC Hitting $100k This Year As The 99BTC Presale Rockets Towards $3 Million\">[&#8230;]<\/a><\/div>","protected":false},"author":1907,"featured_media":523748,"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-536084","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) - 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