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</div></div></div><p><span style="font-weight: 400;">Bitcoin's price rose by 1% in the last 24 hours </span><a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed"><span style="font-weight: 400;">to reach $68,037</span></a><span style="font-weight: 400;"> as of 00:13 a.m. EST with trading volume decreasing by 12% to $30 billion.</span></p>
<p><span style="font-weight: 400;">This surge follows Microsoft's announcement that its shareholders are set to vote on December 9 regarding a proposal to invest in Bitcoin, as detailed in a filing to the SEC on October 24. The company's board has, however, advised a vote against this proposal.</span></p>
<p><span style="font-weight: 400;">Microsoft accepts Bitcoin for online transactions but has not yet made any investments in the cryptocurrency.</span></p>
<h2><b>Bitcoin Price Pursuing a Sustained Bullish Trend</b></h2>
<p><span style="font-weight: 400;">The price of Bitcoin has been trending within a rising channel pattern, indicated by the parallel orange trendlines, showcasing a series of higher lows and higher highs, as the bulls began to dominate the price around the support level of $53,800, 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;">.</span></p>
<p><span style="font-weight: 400;">The support levels at approximately $56,320 (horizontal dotted line) and $61,500 remain solid, serving as a foundation for the ongoing uptrend.</span></p>
<p><span style="font-weight: 400;">Currently, BTC trades above the 50-day and 200-day Simple Moving Averages (SMAs) in the daily timeframe, affirming the prevailing bullish trend in the longer term. Additionally, the 50-day SMA appears to be converging with the 200-day SMA, which could potentially lead to a golden cross in the upcoming days, reinforcing the bullish trend.</span></p>
<p><span style="font-weight: 400;">The Relative Strength Index (RSI) is now at 60.65, which indicates bullish momentum without being overbought. This suggests potential for additional upward movement without the market being overextended, supporting the likelihood of further gains if resistance levels are exceeded.</span></p>
<figure id="attachment_591301" aria-describedby="caption-attachment-591301" style="width: 1167px" class="wp-caption alignnone"><picture decoding="async" class="size-full wp-image-591301">
<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18.png.webp 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-300x143.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-1024x487.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-768x365.png.webp 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-130x63.png.webp 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-104x50.png.webp 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-83x40.png.webp 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18.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_2024-10-25_07-13-18.png 1167w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-300x143.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-1024x487.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-768x365.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/10/Uniswap-V3-_GeckoTerminal.com_WBTC_2024-10-25_07-13-18-83x40.png 83w" sizes="(max-width: 1167px) 100vw, 1167px"/>
</picture>
<figcaption id="caption-attachment-591301" class="wp-caption-text">BTCUSD Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<h2><b>Forecast for Bitcoin Prices</b></h2>
<p><span style="font-weight: 400;">The analysis of the BTC/USD chart bolsters the bullish outlook, with primary indicators such as the SMAs and RSI indicating that the price of Bitcoin could rise even higher. Should the bulls maintain this upward momentum, a target of $76,000 could be within reach.</span></p>
<p><span style="font-weight: 400;">On the other hand, if the bears regain control at this point, Bitcoin may fall back to the immediate support level at $61,500.</span></p>
<p><span style="font-weight: 400;">At the same time, investors seeking options that provide them with significant influence over the asset’s direction might consider a new vote-to-earn cryptocurrency (V2E) called </span><span style="font-weight: 400;">FLOCKERZ (FLOCK)</span><span style="font-weight: 400;">, which has recently surpassed $1 million in presale capital.</span></p>
<p><span style="font-weight: 400;">According to Crypto Zeus, a YouTuber with over 79K subscribers, Flockerz “has the potential to be massive.”</span></p>
<noscript></noscript>
<h2>Flockerz Surpasses $1 Million Milestone In Presale – Top Crypto To Invest In Now?</h2>
<p><span style="font-weight: 400;">Flockerz</span><span style="font-weight: 400;"> is an innovative meme coin designed to empower its community, referred to as The Flock, via its V2E system, allowing token holders to vote on significant decisions and earn $FLOCK tokens as rewards. </span></p>
<p><span style="font-weight: 400;">At the core of Flockerz is Flocktopia, a DAO that values every voice, ensuring that active participants are rewarded for their engagement.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.1176470588235">
<p lang="en" dir="ltr">One mil, oh so near, Flockers, let’s cheer! <a href="https://t.co/is7WuaNGXU">pic.twitter.com/is7WuaNGXU</a></p>
<p>— Flockerz (@FlockerzToken) <a href="https://twitter.com/FlockerzToken/status/1848497129473389043?ref_src=twsrc%5Etfw">October 21, 2024</a></p></blockquote>
<p><span style="font-weight: 400;">In addition to V2E rewards, users can </span><span style="font-weight: 400;">achieve an impressive 1,618% annual return by staking their FLOCK tokens</span>.</p>
<p><span style="font-weight: 400;">Through its community-centric approach, Flockerz establishes a new benchmark for meme coins, emphasizing collective governance rather than rule by a select few.</span></p>
<p><span style="font-weight: 400;">Currently, Flockerz tokens are priced at $0.0058394. With a price increase anticipated in about an hour, act quickly to secure the best rate.</span></p>
<p><span style="font-weight: 400;">You can </span><span style="font-weight: 400;">acquire $FLOCK on the official website</span><span style="font-weight: 400;"> using BNB, ETH, USDT, or a credit card. </span></p>
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Bitcoin Price Outlook: Microsoft Opposes BTC Investment, Traders Flock to 1,618% APY Coin[embed]https://www.youtube.com/watch?v=b9HLbtWrE9Y[/embed]
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