{"id":612393,"date":"2024-12-23T07:48:03","date_gmt":"2024-12-23T07:48:03","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=612393"},"modified":"2024-12-23T07:48:03","modified_gmt":"2024-12-23T07:48:03","slug":"bitcoin-price-prediction-as-michael-saylor-says-amazon-founder-jeff-bezos-could-buy-a-lot-of-btc-with-600m-this-crypto-wallet-ico-blasts-past-5-3m","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-michael-saylor-says-amazon-founder-jeff-bezos-could-buy-a-lot-of-btc-with-600m-this-crypto-wallet-ico-blasts-past-5-3m","title":{"rendered":"Bitcoin Price Prediction: As Michael Saylor Says Amazon Founder Jeff Bezos Could Buy A Lot Of BTC With $600M, This Crypto Wallet ICO Blasts Past $5.3M"},"content":{"rendered":"<p>The Bitcoin price has edged down a fraction of a percent in the last 24 hours to trade at $95,700 as of 12:20 a.m. EST on a 1% drop in trading volume to $51 billion.<\/p>\n<p>This comes as MicroStrategy co-founder Michael Saylor suggests that Amazon founder Jeff Bezos could use $600 million allegedly earmarked for his wedding on Dec. 28 in Aspen, Colorada, to invest in Bitcoin.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Saylor urges Amazon Founder Jeff Bezos to buy $600 MILLION worth of <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> &#129327;<\/p>\n<p>IT&rsquo;S HAPPENING!!! <a href=\"https:\/\/t.co\/HzWKEzaur0\">pic.twitter.com\/HzWKEzaur0<\/a><\/p>\n<p>&mdash; Vivek&#9889;&#65039; (@Vivek4real_) <a href=\"https:\/\/twitter.com\/Vivek4real_\/status\/1870861817687232796?ref_src=twsrc%5Etfw\">December 22, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Bezos quickly shot the story down.<\/p>\n<p>&ldquo;This whole thing is completely false &ndash; none of this is happening,&rdquo; Bezos posted on X. &ldquo;The old adage &lsquo;don&rsquo;t believe everything you read&rsquo; is even more true today than it ever has been.&rdquo;<\/p>\n<p>Britain&rsquo;s Daily Mail had reported that the lavish event would include purchasing a high-end sushi restaurant to accommodate 180 guests and renting multiple luxury mansions for prominent attendees.<\/p>\n<h2>Bitcoin Price Maintains The Long Term Bullish Momentum<\/h2>\n<p>BTC\/USDT) price movement on a daily timeframe, <span style=\"background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight);\">Bitcoin is<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\"> trading at $95,726<\/a>, reflecting a slight dip of $540.37 (-0.57%). This pullback aligns with a potential consolidation phase, which could set the stage for the next significant move. <\/span><\/p>\n<p><span style=\"background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight);\">A key support level at $93,428 coincides with the 50-day Moving Average (SMA), which has been rising steadily and acting as a dynamic support. <\/span><\/p>\n<p><span style=\"background-color: var(--bs-body-bg); color: var(--bs-body-color); font-family: var(--bs-body-font-family); font-size: var(--bs-body-font-size); font-weight: var(--bs-body-font-weight);\">Further below, the 200-day SMA at $70,444 serves as another critical support zone, underscoring Bitcoin&rsquo;s strong long-term bullish trajectory. The Golden Cross event in mid-November, where the 50-day SMA crossed above the 200-day SMA, is a highly bullish indicator often preceding sustained price rallies.<\/span><\/p>\n<p><img decoding=\"async\" class=\"aligncenter wp-image-612402 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-23_08-29-21.png\" alt=\"Bitcoin price\" width=\"1281\" height=\"545\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-23_08-29-21.png 1281w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-23_08-29-21-300x128.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-23_08-29-21-1024x436.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSDT_2024-12-23_08-29-21-768x327.png 768w\" sizes=\"(max-width: 1281px) 100vw, 1281px\"><\/p>\n<p style=\"text-align: center;\">BTCUSDT Analysis (Source: <a href=\"https:\/\/www.tradingview.com\/x\/QUEH0GZb\/\"><strong>Tradingview<\/strong><\/a>)<\/p>\n<div class=\"flex max-w-full flex-col flex-grow\">\n<div class=\"min-h-8 text-message flex w-full flex-col items-end gap-2 whitespace-normal break-words text-start [.text-message+&amp;]:mt-5\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"71b2408e-757d-4713-9eb2-522ef13b9304\" data-message-model-slug=\"gpt-4o\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert light\">\n<p>The Relative Strength Index (RSI) is currently at 57.95, indicating moderate bullish momentum. This value signifies that the market still has room for upward movement before reaching overbought conditions (above 70). Additionally, the RSI signal line near 46.24 shows a possible upward crossover, hinting at a bullish reversal in the near term.<\/p>\n<p>The price action also reveals a well-defined rounded bottom formation observed between September and October, signaling a shift from bearish to bullish sentiment. The current price region is marked as a potential reversal zone, which could serve as a launchpad for Bitcoin to retest and potentially break the $100,000 psychological barrier again.<\/p>\n<p>The chart sketches a target price of $120,000, indicating a medium-term bullish projection. If Bitcoin can maintain the $93,428 support level, it will likely resume its uptrend and challenge the $100,000 resistance in the short term.<\/p>\n<p>A successful breakout above this level could open the door for a rally toward $120,000, driven by strong market momentum and positive sentiment.<\/p>\n<p>However, failure to hold the $93,428 support may result in a deeper correction, with the 200-day SMA at $70,444 providing the next significant price floor.<\/p>\n<h2>Best Wallet Presale Blasts Past $5.3 Million<\/h2>\n<p>Meanwhile, excitement is building around the <a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\">Best Wallet ($BEST)<\/a> presale, which has just past $5.3 million in funding in its presale.<\/p>\n<p>According to Crypto Gains, a well-known YouTuber and crypto analyst with over 141,000 subscribers, $BEST has the potential to skyrocket 10X when it launches.<\/p>\n<p><iframe title=\"&#128293; Best Wallet: Token Presale! It's Like Investing In Metamask If That Had A Coin! EASY 10X?\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/jN9c2Jh36DY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p>Best Wallet is a cutting-edge Web3 platform that combines a decentralized exchange (DEX), wallet functionalities, and practical tools for managing digital assets. Its sleek and intuitive user interface allows users to easily access decentralized finance (DeFi) activities from within the wallet.<\/p>\n<p>One standout feature is the &ldquo;Upcoming Tokens&rdquo; section, which highlights high-potential tokens before they hit the market. An example is <a href=\"https:\/\/insidebitcoins.com\/visit\/pepeunchained\" rel=\"nofollow\">Pepe Unchained ($PEPU)<\/a>, flagged early to wallet holders before it surged 591% after launch. Another is&nbsp; <a href=\"https:\/\/insidebitcoins.com\/visit\/catslap\" rel=\"nofollow\">Catslap ($SLAP)<\/a>, which saw a staggering 3,091% increase after being highlighted early in Upcoming Tokens.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">&#128680; <a href=\"https:\/\/twitter.com\/search?q=%24PEPU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPU<\/a> Claim is Now LIVE! &#128680;<\/p>\n<p>The wait is over! You can now claim your <a href=\"https:\/\/twitter.com\/search?q=%24PEPU&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPU<\/a> tokens directly within Best Wallet or by visiting the <a href=\"https:\/\/twitter.com\/pepe_unchained?ref_src=twsrc%5Etfw\">@pepe_unchained<\/a> website.<\/p>\n<p>&#128205; Claim Website: <a href=\"https:\/\/t.co\/AtdfdNNPeV\">https:\/\/t.co\/AtdfdNNPeV<\/a><\/p>\n<p>Start Claiming Now! <a href=\"https:\/\/t.co\/A7KovigigB\">pic.twitter.com\/A7KovigigB<\/a><\/p>\n<p>&mdash; Best Wallet (@BestWalletHQ) <a href=\"https:\/\/twitter.com\/BestWalletHQ\/status\/1866484662421635399?ref_src=twsrc%5Etfw\">December 10, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Best Wallet also offers a 421% annual return on staked BEST tokens.<\/p>\n<p>Right now, you can grab $BEST tokens for just $0.0233. Interested investors should buy before a price a hike in a little less than 3 hours to lock in the best deal.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/bestwalletpresale\" rel=\"nofollow\">Visit BEST token.<\/a><\/p>\n<h2>Related Articles<\/h2>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/dogecoin-price-prediction-as-doge-plummets-14-a-fomo-frenzy-erupts-around-this-25m-presale-with-just-hours\">DOGE Plummets As A FOMO Frenzy Erupts Around This $25M Presale<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/ark-invest-dumps-3-9-million-in-coinbase-shares-amid-10-price-drop-and-fed-rate-cut-caution\">Ark Invest Dumps $3.9 Million In Coinbase Shares Amid 10% Price Drop<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/buy-cryptocurrency\/next-cryptocurrency-to-explode\">Next Cryptocurrency To Explode in 2024<\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n 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Wallet\">[&#8230;]<\/a><\/div>","protected":false},"author":1965,"featured_media":606385,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-612393","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 Tumbles As This Crypto Wallet\u2019s ICO Blast Past $5.3M<\/title>\n<meta name=\"description\" content=\"The Bitcoin price has edge down a fraction of a percent in the last 24 hours, but this crypto wallet&#039;s presale has surged past $5.3 million.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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