The Bitcoin price rose 3% in the last 24 hours, reaching $60,344. Trading volume surged 38% to $39 billion.
Bitcoin Price Surge
Bitcoin and the crypto market saw a brief rally on Tuesday amid speculation that the Federal Open Market Committee (FOMC) may opt for a 50-basis-point rate cut during its Wednesday meeting. The Bitcoin price recently invalidated the resistance at $57,681 and rose above $60,000, according to data from GeckoTerminal. The Relative Strength Index (RSI), which climbed to 59, also confirms the rally, indicating that buyers have the upper hand. Additionally, the MACD indicator supports the positive trajectory, with the blue MACD line at 414.28 above the signal line at 263.59.
Bitcoin Price Prediction
According to the BTC/USD chart analysis on the 4-hour timeframe, the bulls are currently capitalizing on the positive trend. The main indicators, MACD and RSI, also support this trend. If the momentum continues, the Bitcoin price could reach the $64,000 resistance zone. Conversely, if the bears take control at this level, the price could fall to the $57,500 support level.
Mega Dice Project
Mega Dice is an online casino project that recently launched a new token, DICE. The platform features over 4,000 games and caters to a broad audience of gamers and crypto investors. The platform attracts over 11,000 monthly users, placing more than $50 million in bets each month. The project is licensed under the Curacao Master Gaming License, ensuring a secure and regulated gaming environment. Recently, the $DICE token gained a staking feature, allowing holders to earn passive income.
Bitcoin's price continues to rise, supported by positive market indicators and expectations of a FOMC rate cut. Meanwhile, the Mega Dice project shows significant activity, attracting investor attention.
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