{"id":626896,"date":"2025-02-15T09:36:22","date_gmt":"2025-02-15T09:36:22","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=626896"},"modified":"2025-02-15T09:36:22","modified_gmt":"2025-02-15T09:36:22","slug":"bitcoin-price-prediction-as-abu-dhabi-invests-437m-in-blackrock-bitcoin-etf-this-meme-coin-ico-is-giving-away-free-btc","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/bitcoin-price-prediction-as-abu-dhabi-invests-437m-in-blackrock-bitcoin-etf-this-meme-coin-ico-is-giving-away-free-btc","title":{"rendered":"Bitcoin Price Prediction: As Abu Dhabi Invests $437M In BlackRock Bitcoin ETF, This Meme Coin ICO Is Giving Away Free BTC"},"content":{"rendered":"<p>The Bitcoin price climbed 1% in the last 24 hours to trade at $97,531 as of 11 p.m. EST on a 15% slump in trading volume to $31.35 billion.<\/p>\n<p>This follows Abu Dhabi&rsquo;s bold $436.9 million investment in BlackRock&rsquo;s iShares Bitcoin ETF (IBIT), signaling growing institutional confidence in digital assets. The investment, made through Mubadala Investment Company, a $280 billion sovereign wealth fund, aligns with the Middle East&rsquo;s increasing adoption of cryptocurrencies.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Abu Dhabi just dropped $437M into BlackRock&rsquo;s Spot Bitcoin ETF. &#129297;<br>Big money is making moves while retail watches from the sidelines.<\/p>\n<p>Smart money or nah? &#128064; <a href=\"https:\/\/t.co\/znroCvXATH\">pic.twitter.com\/znroCvXATH<\/a><\/p>\n<p>&mdash; damaze &#128565; (@damaze_bro) <a href=\"https:\/\/twitter.com\/damaze_bro\/status\/1890474323825053798?ref_src=twsrc%5Etfw\">February 14, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Notably, the move came as BlackRock secured a commercial license in Abu Dhabi. Abu Dhabi has been expanding its crypto presence, including a 2023 Bitcoin mining project with Marathon Digital and Zero Two, highlighting the region&rsquo;s commitment to blockchain integration and digital finance innovation.<\/p>\n<h2>Bitcoin Price At A Crossroads: Will It Break $100K Or Face A Reversal?<\/h2>\n<p data-start=\"0\" data-end=\"724\">Bitcoin (BTC) is currently <a href=\"https:\/\/coinmarketcap.com\/currencies\/bitcoin\/\">trading at $97,539<\/a>, teetering just below the crucial $100,000 resistance level as traders brace for a major move. Over the past few weeks, BTC has tested this level multiple times, forming a double-top pattern.<\/p>\n<p data-start=\"0\" data-end=\"724\">This historically bearish signal hints at a potential reversal if buyers fail to push prices higher. However, strong support at $95,000 has prevented a major downturn, creating a tense consolidation phase where the next breakout could dictate Bitcoin&rsquo;s direction in the coming weeks.<\/p>\n<p data-start=\"0\" data-end=\"724\"><img decoding=\"async\" class=\"aligncenter wp-image-626899 size-full\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-15_07-41-53.png\" alt=\"Bitcoin price\" width=\"1433\" height=\"612\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-15_07-41-53.png 1433w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-15_07-41-53-300x128.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-15_07-41-53-1024x437.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2025\/02\/BTCUSDT_2025-02-15_07-41-53-768x328.png 768w\" sizes=\"(max-width: 1433px) 100vw, 1433px\"><\/p>\n<p data-start=\"0\" data-end=\"724\">BTCUSDT Analysis Source: Tradingview<\/p>\n<p data-start=\"726\" data-end=\"1435\">Bitcoin&rsquo;s Relative Strength Index (RSI) currently stands at 46.90, hovering below the neutral 50 level, which indicates a lack of strong bullish momentum. If RSI climbs above 50, it would confirm renewed buying pressure, while a drop below 40 could signal a deeper correction.<\/p>\n<p data-start=\"726\" data-end=\"1435\">Additionally, LuxAlgo trendlines highlight key breakout and breakdown levels, with upper resistance at $105,618 and lower support at $95,103. These technical markers provide a clear roadmap for Bitcoin&rsquo;s next potential move.<\/p>\n<h2 data-start=\"1199\" data-end=\"1249\">Bitcoin Price Analysis: Breakout Or Breakdown?<\/h2>\n<p data-start=\"1250\" data-end=\"1637\">The market is at a pivotal moment, with Bitcoin facing two major possibilities. If BTC breaks above $100,000 with strong volume, it could trigger a bullish rally toward $105,000, with further upside potential extending to $110,000&ndash;$120,000 in an extended uptrend. Such a move would likely attract fresh institutional interest, reinforcing Bitcoin&rsquo;s dominance in the market.<\/p>\n<p data-start=\"1639\" data-end=\"1988\">On the other hand, if Bitcoin fails to break resistance and loses support at $95,000, it could signal the beginning of a downtrend, with potential price targets at $85,000, $80,000, or even as low as $70,000. A breakdown below $95,000 would likely shake investor confidence and trigger stop-loss liquidations, accelerating the decline.<\/p>\n<p data-start=\"2038\" data-end=\"2395\">Traders remain on edge, closely watching for a decisive breakout or breakdown. On-chain data indicates that long-term holders are still accumulating, indicating confidence in Bitcoin&rsquo;s long-term potential. However, short-term traders are exercising caution, as macro-economic conditions and regulatory developments could influence market movements.<\/p>\n<h2>BTC Bull Token Presale Heads For $2 Million &ndash; Best Crypto To Buy Now?<\/h2>\n<p data-start=\"0\" data-end=\"108\">As the Bitcoin price outlook remains uncertain, investors are flocking to a new meme coin called <a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\">Bitcoin Bull (BTCBULL)<\/a>, which launched just five days ago and has already raised over $1.5 million in its presale.<\/p>\n<p data-start=\"0\" data-end=\"108\">This Bitcoin-themed meme coin has gone viral in large part due to the way it offers holders a direct way to earn actual Bitcoin (BTC).<\/p>\n<p data-start=\"379\" data-end=\"613\" data-is-last-node=\"\">BTCBULL rewards its community with BTC airdrops whenever Bitcoin hits key price milestones. The next targets for the delivery of free Bitcoin to holders are $150K and $200K, making it an attractive option for those betting on Bitcoin&rsquo;s future gains.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The system failed us. So we created a new one. BTCBULL is leading the charge. &#128002;&#128293; <a href=\"https:\/\/t.co\/DSoZ7fPzt8\">pic.twitter.com\/DSoZ7fPzt8<\/a><\/p>\n<p>&mdash; BTCBULL_TOKEN (@BTCBULL_TOKEN) <a href=\"https:\/\/twitter.com\/BTCBULL_TOKEN\/status\/1889278936137498980?ref_src=twsrc%5Etfw\">February 11, 2025<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In addition to BTC airdrops, the team will also burn a percentage of the $BTCBULL token supply forever each time BTC goes up by another $25,000, creating upward price pressure.<\/p>\n<p>Investors can also stake BTCBULL for an annual percentage yield (APY) of 262%.<\/p>\n<p>An analyst on 99Bitcoins, a prominent YouTube channel with over 725k subscribers, predicts BTC BULL Token has the potential to soar 10X after launch.<\/p>\n<p><iframe title=\"This Brand New Meme Coin Could Make Us Rich As Bitcoin Rises! Huge 10x Potential?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/J89DrxgxC2U?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>Investors interested in participating in the presale can visit the official BTC Bull website to buy BTC BULL Tokens for $0.002365 each using BNB, ETH, USDT, or a bank card.<\/p>\n<p>Buy before a price hike in less than 3 days to secure the best deal.<\/p>\n<p><a href=\"https:\/\/insidebitcoins.com\/visit\/btcbull\" rel=\"nofollow\">Buy BTCBULL Tokens on the official website here<\/a>.<\/p>\n<h3>Related Articles:<\/h3>\n<ul>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/btc-bull-token-ico-zooms-past-1-2m-in-first-3-days-huge-btc-airdrops-exclusively-for-presale-investors\">BTC Bull Token ICO Zooms Past $1.2M In First 3 Days&nbsp;<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/ai-agent-crypto-market-cap-soars-by-139m-as-mind-of-pepe-token-hurtles-past-6m-in-red-hot-ico\">AI Agent Crypto Market Cap Soars By $139M As MIND Hurtles Past $6M<\/a><\/li>\n<li><a href=\"https:\/\/insidebitcoins.com\/news\/xrp-price-prediction-ripple-token-jumps-3-as-sec-acknowledges-grayscale-xrp-etf-application-and-this-crypto-wallet-token-ico-races-towards-10m\">Ripple Token Jumps 3%, While This Wallet ICO Races Toward $10M<\/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\">Best Wallet - Diversify Your Crypto 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Box\">[&#8230;]<\/a><\/div>","protected":false},"author":1965,"featured_media":624905,"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-626896","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 Climbs 1% As This ICO Gives Holders Free BTC<\/title>\n<meta name=\"description\" content=\"The Bitcoin price has climbed 1% in the last 24 hours, while this new presale meme coin lets holders earn free Bitcoin.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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