BTC Price Prediction: Bitcoin Surpasses $61,500 as 1M+ Wholecoiners Achieve Milestone
Bitcoin’s price has exceeded the $61,500 mark, coinciding with a significant milestone where over one million addresses now possess at least one whole Bitcoin. This surge highlights the increasing trust in Bitcoin’s value and its long-term investment appeal.
Bitcoin Holders Surpass 1 Million: A Milestone in Cryptocurrency Growth
The realm of cryptocurrency has achieved a significant milestone as the number of Bitcoin addresses holding at least one BTC has surpassed one million. According to IntoTheBlock, a leading blockchain analytics firm, there are currently 1,010,777 addresses.
This milestone signifies a growing trend where individuals and organizations are accumulating Bitcoin, aiming to become “wholecoiners” – those who own at least one complete Bitcoin. The rise of wholecoiners demonstrates a broader confidence in Bitcoin as a stable investment asset and a reliable store of value. It also reflects a significant shift towards widespread adoption of cryptocurrency.
The significance of reaching over one million wholecoiners is amplified by Bitcoin’s finite supply of only 21 million coins. Owning a full Bitcoin becomes increasingly valuable and represents a commitment to the cryptocurrency. This scarcity underpins Bitcoin’s fundamental value proposition amidst rising demand.
Bitcoin Price Prediction
As of June 27, Bitcoin (BTC/USD) is trading at $61,585 with a 1% price appreciation in the past 24 hours and a trading volume of $21.25 billion. Bitcoin maintains its top position with a market capitalization of approximately $1.21 trillion. It has a circulating supply of 19.72 million BTC and a maximum supply of 21 million BTC.
The 50-day Exponential Moving Average (50 EMA) acts as a significant resistance level around $62,700. The current price behavior suggests a potential continuation of the uptrend, with candles closing above the pivot point at $61,320.
An ascending triangle pattern is forming, with a double top resistance near $62,500. A breakout above this level could propel Bitcoin towards the next resistance levels at $63,440 and $64,510.
Key price levels to watch include the pivot point at $61,320, immediate resistance at $62,510, and further resistance at $63,440 and $64,510. On the downside, immediate support is at $59,670, with additional support levels at $58,630 and $57,540.
The Relative Strength Index (RSI) is currently at 35, indicating a neutral stance but leaning towards oversold conditions. The overall outlook for Bitcoin remains bullish as long as it stays above the pivot point of $61,320. A decisive break above the $62,500 resistance could trigger a move towards higher resistance levels. However, a fall below the immediate support at $59,670 might indicate a sharp selling trend, potentially driving the price down to $58,630 or $57,540.
Bitcoin’s Future: Presale Opportunity with 99Bitcoins
The 99Bitcoins presale is in its final hours, offering the chance to secure 99BTC tokens at the current price of $0.0011 before the price increases in the next stage. With over $2.3 million USDT raised out of the $3 million goal, this is the last opportunity to invest in the future of crypto education and earn rewards while learning.
Benefits of Investing Now:
1. Immediate Access to Staking Opportunities: Start earning rewards right away.
2. Premium Content and Perks: Enjoy exclusive benefits within the 99Bitcoins community.
3. Join the Crypto Education Revolution: Be part of a transformative movement in crypto learning.
Time is running out to invest in 99Bitcoins at the current price and enjoy the platform’s benefits. Secure your 99Bitcoins today before the price increases in the next stage.
Join the Community
Learn more about this exciting opportunity and engage with the 99Bitcoins community on Twitter, Telegram, and Discord.
Secure Your 99Bitcoins Today
Follow Us on Google News
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes only and does not constitute investment advice. You could lose all of your capital.
