{"id":585322,"date":"2024-10-09T10:21:53","date_gmt":"2024-10-09T10:21:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=585322"},"modified":"2024-10-09T10:21:53","modified_gmt":"2024-10-09T10:21:53","slug":"bitcoin-price-prediction-as-peter-todd-denies-new-hbo-documentary-claim-he-is-btc-creator-satoshi-nakamoto-traders-rush-to-buy-this-ico-with-a-3354-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-peter-todd-denies-new-hbo-documentary-claim-he-is-btc-creator-satoshi-nakamoto-traders-rush-to-buy-this-ico-with-a-3354-apy","title":{"rendered":"Bitcoin Price Prediction: As Peter Todd Denies New HBO Documentary Claim He Is BTC Creator Satoshi Nakamoto, Traders Rush To Buy This ICO With A 3,354% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price dropped 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 $63,006<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:21 a.m. EST on trading volume that dropped 19% to $26.8 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes after Peter Todd denied the conclusion of an HBO documentary, &rdquo;Electric Money: The Bitcoin Mystery,&rdquo; t<\/span><span style=\"font-weight: 400;\">hat he is the enigmatic BTC creator Satoshi Nakamoto.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">HBO says <a href=\"https:\/\/twitter.com\/peterktodd?ref_src=twsrc%5Etfw\">@peterktodd<\/a> is satoshi and his response was perfect<\/p>\n<p> \"This is going to be very funny when you put this into the documentary and a bunch of bitcoiners watch it.\"<\/p>\n<p>&mdash; Eric Yakes (@ericyakes) <a href=\"https:\/\/twitter.com\/ericyakes\/status\/1843826753246245377?ref_src=twsrc%5Etfw\">October 9, 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;\">&ldquo;For the record. I&rsquo;m not Satoshi,&rdquo; Todd told CNN in a statement. Todd accuses the documentary of being &ldquo;irresponsible&rdquo; and putting his life in danger.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The documentary&rsquo;s conclusion that Todd is Satoshi was largely circumstantial. It focuses on Todd&rsquo;s early involvement with Bitcoin and his connections to other key figures, such as prominent cryptographer Adam Back.<\/span><\/p>\n<h2>Bitcoin Price Aims For A Breakout<\/h2>\n<p><span style=\"font-weight: 400;\">This month, the Bitcoin price is seeing the bulls trying to overcome the $63,576 resistance, 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;\">. However, the price seems to be consolidating between this resistance and the $61,623 support within a sideways pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Bitcoin price is currently sandwiched between the 50 and 200 Simple Moving Averages (SMAs), often a zone of consolidation or indecision. A clean break above both SMAs could signal the start of bullish momentum, while rejection here might lead to further downside.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The RSI is currently at 47.32, which is in neutral territory. This suggests the price isn&rsquo;t strongly overbought or oversold, indicating indecision or a possible consolidation phase.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">There has been no clear bullish or bearish divergence visible, so the RSI alone is not signaling any significant price movement yet.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">If the bulls pick up momentum at this level, the price of Bitcoin may stage a breakout above the sideways pattern, as they target $64,975.<\/span><\/p>\n<figure id=\"attachment_585328\" aria-describedby=\"caption-attachment-585328\" style=\"width: 1273px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-585328\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1273\" height=\"548\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03.png 1273w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-300x129.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-1024x441.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-09_10-21-03-768x331.png 768w\" sizes=\"(max-width: 1273px) 100vw, 1273px\"><figcaption id=\"caption-attachment-585328\" class=\"wp-caption-text\">BTCUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Conversely, if the bears take control, the price of Bitcoin may plunge below the support zone and could plunge back to the $60,000 support, which could form a double-bottom pattern.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, some investors are diversifying their portfolios with the new meme coin <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/flockerz\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Flockerz (FLOCK)<\/span><\/a><span style=\"font-weight: 400;\">, which has already amassed over $546K in presale in just a few weeks since its launch.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to 99Bitcoins, a popular crypto channel on YouTube with over 706K subscribers, $FLOCK has the potential to soar 100X after it goes live.<\/span><\/p>\n<p><iframe title=\"NEXT 100X Meme Coin?! Flockerz Vote-to-Earn Crypto Review\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/o0OSkCqnm9k?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>Flockerz Presale Garners Over $546K In Presale<\/h2>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/flockerz\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Flockerz<\/span><\/a><span style=\"font-weight: 400;\"> is a project that aims to redefine decentralization in the world of meme coins by empowering its community,<\/span><span style=\"font-weight: 400;\">&nbsp;&ldquo;The Flock,&rdquo; to guide the project&rsquo;s future.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the core of Flockerz is FlockTopia, where every holder has a voice and earns rewards through an innovative Vote-To-Earn (V2E) system.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The flock is flying high! We&rsquo;ve officially crossed $300K! <a href=\"https:\/\/t.co\/MsLc5PeoyX\">pic.twitter.com\/MsLc5PeoyX<\/a><\/p>\n<p>&mdash; Flockerz (@FlockerzToken) <a href=\"https:\/\/twitter.com\/FlockerzToken\/status\/1840049282889724227?ref_src=twsrc%5Etfw\">September 28, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In Flocktopia, &ldquo;The Flock&rdquo; collectively makes decisions about the project&rsquo;s future. Every member has a voice, creating a truly decentralized and inclusive environment.<\/p>\n<p><span style=\"font-weight: 400;\">Apart from V2E rewards, users can also earn passively through the platform&rsquo;s<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/flockerz\" rel=\"nofollow\"><span style=\"font-weight: 400;\">staking mechanism<\/span><\/a><span style=\"font-weight: 400;\">, with a sky-high annual yield of 3,354%.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To join the presale,<\/span> <a href=\"https:\/\/insidebitcoins.com\/visit\/flockerz\" rel=\"nofollow\"><span style=\"font-weight: 400;\">you can buy $FLOCK on the official website here<\/span><\/a><span style=\"font-weight: 400;\"> for $0.005724 per token using BNB, ETH, USDT, or a bank card.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Buy before a price hike in a little less than 1 day to secure the best deal.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-giveaways\/\"><span style=\"font-weight: 400;\">Best Crypto Giveaways for Investors &ndash; Win Free Prizes<\/span><\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/how-to-earn-free-crypto\/\"><span style=\"font-weight: 400;\">How To Earn Free Cryptocurrency &ndash; 10+ Best Ways<\/span><\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/buy-bitcoin\/credit-card\/\"><span style=\"font-weight: 400;\">How to Buy Bitcoin with Credit Card<\/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\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; Coinsult Audited<\/li>\n                                                                                                    <li>Staking Rewards - 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