Bitcoin Surge Predicted by Ex-Goldman Exec as PEPE 2.0 ICO Soars[embed]https://www.youtube.com/watch?v=Eq-EtOLgzy8[/embed]

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</div></div></div><p><span style="font-weight: 400;">The price of Bitcoin has risen slightly by a fraction of a percent over the past 24 hours </span><a href="https://www.geckoterminal.com/eth/pools/0xcbcdf9626bc03e24f779434178a73a0b4bad62ed"><span style="font-weight: 400;">trading at $63,448</span></a><span style="font-weight: 400;"> as of 03:20 a.m. EST, with trading volume surging 94% to reach $29.75 billion.</span></p>
<p><span style="font-weight: 400;">This change comes as macro economist Raoul Pal indicates that Bitcoin is gearing up for a major price surge. In a video featured on Real Vision’s YouTube channel, the former Goldman Sachs executive mentions that BTC generally moves in correlation with global liquidity cycles.</span></p>
<p><span style="font-weight: 400;">Pal presented a chart suggesting that global liquidity is expected to rise over the next three months, potentially allowing BTC to exceed $200k.</span></p>
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<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/image-3.png" alt="global liquidity" width="1194" height="580" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/image-3.png 1194w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-300x146.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-1024x497.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-768x373.png 768w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-130x63.png 130w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-104x50.png 104w, https://insidebitcoins.com/wp-content/uploads/2024/09/image-3-83x40.png 83w" sizes="(max-width: 1194px) 100vw, 1194px"/>
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<p><span style="font-weight: 400;">“This graph is certainly impressive,” he noted. “It includes both private and public sector liquidity from leading global economies as represented in the GMI (Global Macro Investor) global weekly liquidity index. I believe it's spot on. Bitcoin has tracked this ten weeks ahead of time.”</span></p>
<h2>Potential for Bitcoin Price to Keep Increasing</h2>
<p><span style="font-weight: 400;">Bitcoin has maintained a bullish trajectory since September 6, moving within an upward channel pattern from the $53,200 support level, 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;">This ongoing uptrend has propelled Bitcoin’s price above both the 50-day and 200-day Simple Moving Averages (SMAs), confirming the bullish rally.</span></p>
<p><span style="font-weight: 400;">If the bulls can maintain this momentum, Bitcoin could potentially rise even higher, targeting a price of $72,000.</span></p>
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<source type="image/webp" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20.png.webp 1243w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-300x121.png.webp 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-1024x413.png.webp 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-768x310.png.webp 768w" sizes="(max-width: 1243px) 100vw, 1243px"/>
<img decoding="async" src="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20.png" alt="Bitcoin Price Chart Analysis Source: GeckoTerminal.com" width="1243" height="501" srcset="https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20.png 1243w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-300x121.png 300w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-1024x413.png 1024w, https://insidebitcoins.com/wp-content/uploads/2024/09/Uniswap-V3-Arbitrum_GeckoTerminal.com_WBTC_2024-09-23_10-20-20-768x310.png 768w" sizes="(max-width: 1243px) 100vw, 1243px"/>
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<figcaption id="caption-attachment-579174" class="wp-caption-text">Bitcoin Price Chart Analysis Source: GeckoTerminal.com</figcaption></figure>
<p><span style="font-weight: 400;">Nonetheless, the Relative Strength Index (RSI) appears to be falling from the overbought threshold of 70, currently sitting at 59, indicating that BTC may be entering a phase of bearish sentiment.</span></p>
<p><span style="font-weight: 400;">If selling pressure intensifies, Bitcoin could dip below the lower boundary of its rising channel, with immediate support levels at $61,294 and $59,440 (50-day and 200-day SMAs).</span></p>
<p><span style="font-weight: 400;">In the meantime, investors are eagerly purchasing a new Pepe alternative named </span><span style="font-weight: 400;">Pepe Unchained (PEPU)</span><span style="font-weight: 400;">, which is climbing toward $15 million in raised funds, marking it as one of the year's standout presales.</span></p>
<p><span style="font-weight: 400;">As reported by 99Bitcoins, a well-known crypto analyst on YouTube with over 706K subscribers, $PEPU has the potential for a 100X surge after its launch.</span></p>
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<h2>Pepe Unchained Presale Exceeds $14.7 Million</h2>
<p><span style="font-weight: 400;">The latest iteration of Pepe, now featuring its own Layer 2 chain on Ethereum, has secured over $14.7 million in its presale.</span></p>
<p><span style="font-weight: 400;">Much of the recent financial boost followed Pepe Unchained's announcement of developer grants for those eager to enhance its L2 ecosystem.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true" wp_automatic_readability="7.7127659574468">
<p lang="en" dir="ltr">Pepe Unchained — Groundbreaking Layer 2 Blockchain technology.</p>
<p>Welcome to the future of meme coins.  <a href="https://t.co/iC9b6YSynT">pic.twitter.com/iC9b6YSynT</a></p>
<p>— Pepe Unchained (@pepe_unchained) <a href="https://twitter.com/pepe_unchained/status/1832055677566562727?ref_src=twsrc%5Etfw">September 6, 2024</a></p></blockquote>

<p><span style="font-weight: 400;">The original Pepe token was launched on the Ethereum blockchain and has long been limited by its Layer-1 framework, known for its network delays and high gas fees.</span></p>
<p><span style="font-weight: 400;">Pepe Unchained represents a token based on PEPE, aiming to break free from constraints and embrace an unchained future. With this new ICO, Pepe Unchained is utilizing Layer 2 blockchain technology to advance the project into a new era.</span></p>
<p><span style="font-weight: 400;">This project aims to resolve the issues related to scalability, speed, and efficiency that typically affect meme coins hosted on Layer-1 blockchains like Ethereum.</span></p>
<p><span style="font-weight: 400;">Holders of the token can benefit passively through</span> <span style="font-weight: 400;">the platform’s staking program</span><span style="font-weight: 400;">, which offers an impressive 142% in annual rewards.</span></p>
<p><span style="font-weight: 400;">Currently, you can purchase $PEPU tokens for $0.00983 each. Given that a price increase is anticipated in under 11 hours, it's advisable to buy soon for the best prices available.</span></p>
<p><span style="font-weight: 400;">To participate in the presale,</span> <span style="font-weight: 400;">obtain $PEPU from the official website here</span><span style="font-weight: 400;"> using ETH, USDT, or a credit card.</span></p>
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