{"id":589543,"date":"2024-10-21T10:15:22","date_gmt":"2024-10-21T10:15:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=589543"},"modified":"2024-10-21T10:15:22","modified_gmt":"2024-10-21T10:15:22","slug":"bitcoin-price-nears-70k-as-donald-trump-cooks-fries-at-mcdonalds-and-investors-rush-to-buy-this-new-crypto-with-1849-apy","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-nears-70k-as-donald-trump-cooks-fries-at-mcdonalds-and-investors-rush-to-buy-this-new-crypto-with-1849-apy","title":{"rendered":"Bitcoin Price Nears 70K As Donald Trump Cooks Fries At McDonald&#8217;s And Investors Rush To Buy This New Crypto With 1,849% APY"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Bitcoin price edged up 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 $68,963<\/span><\/a><span style=\"font-weight: 400;\"> as of 03:05 a.m. EST on trading volume that skyrocketed 72% to $24 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">This comes as Donald Trump participated in the &ldquo;One-day McDonald&rsquo;s Employee Experience&rdquo; and repeated unsubstantiated allegations that opponent Kamala Harris fabricated her McDonald&rsquo;s work experience.<\/span><\/p>\n<h2>Bitcoin Price Aims For A Bullish Rally Above $70,000<\/h2>\n<p><span style=\"font-weight: 400;\">According to the BTC\/USD chart analysis on the 1-day chart, the Bitcoin price is nearing the $70,000 mark after breaching the sideways pattern. 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 that the $55,000 mark has allowed the bulls to sustain the momentum, with indicators now turning positive.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The price of Bitcoin now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the recent upsurge. Moreover, the 50-day SMA seems to be moving towards the 200-day SMA, which may form a golden cross in the coming days. This further cements the likely scenario of the price of Bitcoin climbing up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, the Relative Strength Index (RSI) seems to be moving up towards the 70-overbought region, currently at 67. This indicates that investors are currently optimistic about the asset and may continue pushing the price up.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Moving Average Convergence Divergence (MACD) also supports the current bullish outlook, with the blue MACD line crossing above the orange signal line as they both soar above the zero line.<\/span><\/p>\n<figure id=\"attachment_589554\" aria-describedby=\"caption-attachment-589554\" style=\"width: 1167px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-589554\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1.png\" alt=\"Bitcoin Price Chart Analysis Source: GeckoTerminal.com\" width=\"1167\" height=\"555\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1.png 1167w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-300x143.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-1024x487.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-768x365.png 768w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-130x63.png 130w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-104x50.png 104w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/10\/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-21_10-05-49-1-83x40.png 83w\" sizes=\"(max-width: 1167px) 100vw, 1167px\"><figcaption id=\"caption-attachment-589554\" class=\"wp-caption-text\">BTCUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<h2><b>Bitcoin Price Prediction<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">The Bitcoin price analysis shows a successful breakout from the sideways pattern, even as the bulls push the price towards a sustained bullish trend. If the bulls capitalize on the positive price indicators, BTC could surge, as they target $80,000.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Conversely, if the price of Bitcoin experiences any bearish sentiment at this level, the $60,000 support level could be retested.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Bitcoin price aims for a continued bullish rally, some investors are turning to presale meme coins like the newly launched<\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/flockerz\" rel=\"nofollow\"> <span style=\"font-weight: 400;\">Flockerz (FLOCK)<\/span><\/a><span style=\"font-weight: 400;\">.<\/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 its launch.<\/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 Raises Over $916K In Its BlockBuster 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 building a vote-to-earn model where the community is at the heart of decision-making.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">While most crypto projects claim decentralization, Flockerz is one of the few that is bent on delivering it via its Vote-to-Earn (V2E) model<\/span><span style=\"font-weight: 400;\">.&nbsp;<\/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><span style=\"font-weight: 400;\">A the center of the project is Flocktopia, where decisions about the project&rsquo;s future are made collectively by &ldquo;The Flock,&rdquo; the community of $FLOCK holders. Every member has a say, making the platform a truly decentralized and inclusive environment. And holders get rewarded for voting with FLOCK via the V2E model,<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The presale has already raised more than $916K, in part because of its <\/span><span style=\"font-weight: 400;\">sky-high annual staking yield of 1,849%.<\/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 $0.0058161 per token using BNB, ETH, or USDT. You can also make a purchase using your bank card.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Buy before a price hike in less than 1 day to secure the best deal.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><span style=\"font-weight: 400;\">&nbsp;<\/span><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/best-crypto-exchanges\/\"><span style=\"font-weight: 400;\">10+ Best Crypto Exchanges To Trade On In 2024<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/cryptocurrency-exchanges\/binance-review\"><span style=\"font-weight: 400;\">Binance Review &ndash; Fees, Features, Safety, Pros &amp; Cons 2024<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/is-it-too-late-to-buy-ape-apecoin-price-surges-50-and-this-might-be-the-next-crypto-to-explode\"><span style=\"font-weight: 400;\">Is It Too Late To Buy APE? ApeCoin Price Surges 50% And This Might Be The Next Crypto To Explode<\/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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