Bitcoin Price Prediction As Paypal Broadens Crypto Access for US Businesses And Traders Rush To Buy This ICO With Only 3 Days Left

The Bitcoin price edged up by a fraction of a percent in the last 24 hours to trade at $63,448 as of 03:22 a.m. EST on trading volume that dropped 15% to $29.75 billion.

Meanwhile, PayPal Holdings, Inc. announced that it is enabling its US merchants to buy, hold, and sell cryptocurrency directly from their PayPal business account. At launch, this functionality for business accounts will not be available in New York State.

The decision is the firm’s latest step to increase cryptocurrency’s utility by making increased functionality available to millions of merchants in the US.

Bitcoin Price Aims For A Breakout

The Bitcoin price has been in a sustained uptrend since the beginning of September, as the bulls capitalized on the $53,495 support to push the price up, according to data from GeckoTerminal . 

However, the bulls seem to have encountered some resistance around $63,811, with BTC now trading within a consolidation phase. The markup phase and the consolidation show that the Bitcoin price has formed a bullish flag pattern.

The Bitcoin price bulls aim to sustain this bullish stance, as BTC now trades above both the 50-day and 200-day Simple Moving Averages (SMAs).

Moreover, the Relative Strength Index is also rebounding from the 50-midline level, currently at 51. This indicates that investors may be starting to receive buying signals as they aim for a further price surge.

If the bulls succeed in staging a bullish trend continuation, the price of Bitcoin could surge even further, as they target $68,000.

BTCUSD Chart Analysis Source: GeckoTerminal.com

Conversely, if the bears breach the flag’s lower boundary, currently within the $62,000 support, the price of Bitcoin may drop even further, with the 200-day SMA still at a formidable support level of $59.758.

As the Bitcoin price bulls aim for a rally, investors are also socking cash into the new Solana GameFi project Mega Dice (DICE) , which has only 3 days left until its launch. 

Mega Dice Presale Raises Over $1.89 Million—ICO To End In Just 3 Days

With only 3 days remaining after raising almost $2 million, investors are rushing into the Mega Dice presale ahead of its scheduled debut on Solana’s Raydium DEX on September 30th.

DICE is the native token for Mega Dice Casino, a crypto casino and gaming platform that has over 11,000 active users who lock in more than $50 million in bets every month.

Users on the platform enjoy over 4,000 casino games and have access to over 50 sports and eSports betting options.

Adding to the excitement around $DICE is the $2.25 million airdrop campaign organized by the development team for active casino players. This three-season airdrop is divided into three segments of $750K each, currently in its final phase. 

Players must wager $15K or more between August 14 and October 2, 2024, to qualify. Those wagering with $DICE will receive a 15% bonus.

Token holders can also benefit from staking rewards based on the casino’s profits.

According to the 99Bitcoins YouTube channel, with more than 706k subscribers, $DICE could soar 100X after its launch. 

To join the presale, you can buy $DICE on the official website here for $0.116056 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.

Related News

• Best Cheap Crypto to Buy Now In 2024 – Low Cost Coins
• A How-To Guide on Buying Cryptocurrency Safely in 2024
• Baby Doge Coin Price Prediction: BABYDOGE Pumps 18%, But Investors Rush To Buy This Solana GambleFi Token Before It’s Too Late