Bitcoin Surges to 65K as FOMO Investors Buy New Solana Token[embed]https://www.youtube.com/watch?v=bxVYKtZ-vdw[/embed]

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</div></div></div><p><span style="font-weight: 400;">The price of Bitcoin has risen by 3% over the past 24 hours,</span> <a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed"><span style="font-weight: 400;">now trading at $65,142</span></a><span style="font-weight: 400;"> as of 2:20 a.m. EST with trading volume increasing by 49% to reach $37.4 billion.</span></p>
<p><span style="font-weight: 400;">After experiencing a challenging period that led to a decline of more than 20% on August 5 and September 6, Bitcoin's price has made a strong rebound to reclaim the $65,000 mark.</span></p>
<p><span style="font-weight: 400;">With October approaching—a month known for being favorable to BTC—the market sentiment seems to be gaining momentum.</span></p>
<h2>Bitcoin Price Forecast: Technical Indicators Indicate Bullish Momentum</h2>
<p><span style="font-weight: 400;">Bitcoin's price has been on the rise, moving within a bullish ascending channel as buyers took advantage of the support level at $53,495, based on 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;">.</span></p>
<p><span style="font-weight: 400;">Currently, BTC is trading above both the 50-period (white) and 200-period (yellow) moving averages, which bolsters the bullish outlook.</span></p>
<p><span style="font-weight: 400;">Additionally, the RSI is at 65, nearing the overbought zone (above 70), suggesting strong momentum but also potential resistance ahead. However, since it's not yet in the overbought area, there could be further upside available.</span></p>
<p><span style="font-weight: 400;">The MACD line (blue) is positioned above the signal line (orange), indicating a bullish crossover, which is a favorable sign for an ongoing upward trend. Green bars on the histogram further suggest that Bitcoin is experiencing positive momentum.</span></p>
<figure id="attachment_580629" aria-describedby="caption-attachment-580629" style="width: 1273px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-580629">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51.png.webp 1273w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-300x125.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-1024x428.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-768x321.png.webp 768w" sizes="(max-width: 1273px) 100vw, 1273px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1273" height="532" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51.png 1273w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-300x125.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-1024x428.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-09-27_09-19-51-768x321.png 768w" sizes="(max-width: 1273px) 100vw, 1273px"/>
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<figcaption id="caption-attachment-580629" class="wp-caption-text">BTCUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<h2>Bitcoin Price Outlook</h2>
<p><span style="font-weight: 400;">Based on the BTC/USD chart analysis, the price is observed within an upward channel characterized by higher highs and higher lows, forming a distinct bullish structure. Should Bitcoin's price continue to adhere to this pattern, it might target the resistance level near $70,000, as illustrated by the arrow.</span></p>
<p><span style="font-weight: 400;">Conversely, a dip below the lower channel support could indicate a possible correction, with support expected around the $63,262 level, which coincides with the 50-period MA.</span></p>
<p><span style="font-weight: 400;">In the meantime, investors are swiftly accumulating the new Solana GameFi project </span><span style="font-weight: 400;">Mega Dice (DICE)</span><span style="font-weight: 400;">, which has raised over $1.89 million in a presale that is down to its final two days.</span></p>
<p><span style="font-weight: 400;">The YouTube channel 99Bitcoins, which boasts over 706k subscribers, suggests that $DICE could experience a 100X increase post-launch.</span></p>
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<h2>Purchase Mega Dice Before Its Listing</h2>
<p><span style="font-weight: 400;">The SOL-based GambleFi token $DICE, launched by the prominent casino brand Mega Dice, is providing a last opportunity to invest before it debuts on Raydium DEX on September 30 at 15:00 CET.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="12.166666666667">
<p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> Launch on Raydium </p>
<p>We’re thrilled to announce that <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> will officially launch on Raydium DEX on September 30th at 15:00 CET! </p>
<p>Prepare for the next exciting step in <a href="https://twitter.com/hashtag/GameFi?src=hash&amp;ref_src=twsrc%5Etfw">#GameFi</a> on <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw">#Solana</a>, where we will present exceptional opportunities and thrilling rewards, including exclusive… <a href="https://t.co/qvAND54tbk">pic.twitter.com/qvAND54tbk</a></p>
<p>— Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1837083656457708000?ref_src=twsrc%5Etfw">September 20, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">DICE is the main token of Mega Dice Casino, a cryptocurrency-based gaming platform with over 11,000 users placing monthly bets exceeding $50 million.</span></p>
<p><span style="font-weight: 400;">Platform users have access to more than 4,000 casino games along with a selection of over 50 sports and eSports betting options.</span></p>
<p><span style="font-weight: 400;">The already utility-rich native token is set to feature staking at launch, offering an annually projected yield currently estimated at 286%. Approximately 29% of tokens are already staked.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="10.646239554318">
<p lang="en" dir="ltr">WARNING: Time's Running Out to Secure <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> at the Lowest Price! </p>
<p>The <a href="https://twitter.com/search?q=%24DICE&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$DICE</a> presale is nearing its conclusion, with the final price increase occurring this Tuesday! This is your last opportunity to invest in the premier <a href="https://twitter.com/hashtag/GameFi?src=hash&amp;ref_src=twsrc%5Etfw">#GameFi</a> token on <a href="https://twitter.com/hashtag/Solana?src=hash&amp;ref_src=twsrc%5Etfw">#Solana</a> before the price escalates! … <a href="https://t.co/vzF1t77DsA">pic.twitter.com/vzF1t77DsA</a></p>
<p>— Mega Dice Casino (@megadice) <a href="https://twitter.com/megadice/status/1829531391010157046?ref_src=twsrc%5Etfw">August 30, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">Additionally, the buzz around $DICE includes a $2.25 million airdrop campaign aimed at active casino players. This ongoing airdrop spans three phases, with $750K allocated for each phase.</span></p>
<p><span style="font-weight: 400;">To qualify, players must wager $15K or more between August 14 and October 2. Those using $DICE for betting will enjoy a 15% bonus.</span></p>
<p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">you can purchase $DICE on the official website at</span><span style="font-weight: 400;"> $0.116056 per token, with payment options including BNB, ETH, or SOL. You can also earn a 10% bonus on any purchases made by referred investors.</span></p>
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