Home Bitcoin Indicator Flashes “Buy” Signal as BTC Price Remains Flat – Next Crypto to Explode?

Bitcoin Indicator Flashes “Buy” Signal as BTC Price Remains Flat – Next Crypto to Explode?

Following positive Ethereum ETF news, the Bitcoin price surged from around $66k to over $71k before consolidating around $70k. As we analyze BTC price predictions, let’s explore the potentially explosive next cryptocurrency in the coming weeks.

Bitcoin Price Analysis – BTC Price Forecast

Popular crypto analyst Ali tweeted about the TD Sequential indicator, which has accurately predicted Bitcoin’s price action on the one-hour chart. According to Ali, the TD Sequential is now presenting a buy signal, anticipating that Bitcoin will rebound. This is a momentum oscillator that helps identify potential market reversals by tracking consecutive candlesticks and their closing prices.

Ali further tweeted that Bitcoin encounters minimal resistance, highlighting a key supply zone between $70,180 and $70,600, where over 450,000 addresses acquired 273,000 BTC. With strong support levels, he believes the odds favor the bulls.

Renowned analyst Rekt Capital also weighed in, suggesting that a weekly candle close above approximately $71,500 would likely kickstart the breakout from the re-accumulation range. However, he noted that history suggests Bitcoin chart should consolidate inside this re-accumulation range for several more weeks. Extended consolidation would help Bitcoin resynchronize with historical halving cycles, potentially resulting in a longer bull run.

Rekt Capital acknowledged that while investors understandably want a breakout, an accelerated cycle could mean the Bitcoin price peaks in its bull market sooner. Ultimately, he believes both cases are bullish, but history suggests a typically long bull run.

Based on the analysis from these prominent analysts, the Bitcoin price forecast remains optimistic, with the potential for further consolidation or a breakout above the $71,500 range, signaling the start of a new bullish trend.

Popular platform 99Bitcoins, with over 705k YouTube subscribers, shared insights on the BTC price too. The Fear and Greed Index at 70 indicates greed and increasing market confidence. Moving averages signal a strong buy, reflecting heightened Bitcoin interest. The market appears poised for continued bullishness, with Bitcoin potentially reaching $88,000 soon, according to 99Bitcoins’ analyst.

Next Crypto to Explode?

Shifting our focus to the next cryptocurrency to potentially explode in 2024, we turn to 99Bitcoins again as they recently launched $99BTC, a new token with a “Learn-to-Earn” model. Users earn $99BTC for learning about crypto via interactive modules and quizzes.

The $99BTC presale began on April 10, 2024, initially priced at $0.001. Prices increase in subsequent stages. To buy, users need a wallet like MetaMask and can pay with ETH, USDT, BNB, or fiat.

Post-presale, investors can claim $99BTC tokens or stake them for rewards like premium content, trading signals, and discounts.

The total $99BTC supply is 99 billion, with 10.39 billion allocated for the presale. Initially an ERC-20 token, this presale raised over $1.5 million in about a month.


While Bitcoin price momentum consolidates, indicators suggest potential for a rebound or bullish breakout, making BTC a potentially compelling opportunity.

Additionally, the upcoming $99BTC token from 99Bitcoins might potentially present an intriguing opportunity as the next cryptocurrency to explode, offering a learn-to-earn model and benefits for early investors.


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Petar Jovanović
Crypto Writer

Petar Jovanović brings years of experience in the crypto industry to ReadWrite. With a strong belief in the potential of the web3 market since 2017, he's passionate about sharing valuable insights and knowledge. Based in Serbia, Petar graduated in Economics at the University of Niš, and went on to become the Head of Content at Captain Altcoin, an online magazine covering all things blockchain. His work has also been published on BeInCrypto and German site Kryptozeitung. Feel free to connect with Petar to discuss the exciting world of cryptocurrencies and decentralized technologies.

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