.png){kind=logo}
The sudden reduction in Bitcoin ETF inflows on March 18 and 19 is testing the asset's price and could result in further losses. Some expect the biggest correction of all time to push BTC prices below $50,000 or over $24,000 lower than the entry point at the beginning of the week.
The downtrend was triggered by a significant reduction in Bitcoin ETFs in the past few days, resulting in a price correction of over $11,000. Let's look at the latest Bitcoin price predictions and consider how you can turn BTC downturns into profits by investing in Green Bitcoin.
Bitcoin ETFs went live in early January 2024, and the amount of money pouring in kept growing steadily over the past few months. The record was set last week when the 10 BTC ETFs pulled over $2.6 billion into crypto markets. The surprising gains resulted in new Bitcoin all-time highs of over $74,000, to the excitement of thousands of token holders. However, the trade dropped below $200 million on Friday last week and Monday, March 17, and Bitcoin's value plummeted almost instantly.
Bitcoin's sudden gains turned into losses over the weekend when BTC dropped below $65,000. Things didn't improve at the start of the week, so Bitcoin kept losing value, reaching a low of $61,940 on March 19. The platform lost over 12% in the past week, which is a significant price reduction that could trigger a massive selloff, driving the prices of BTC even lower in the next few weeks.
After stabilizing at around $67,000, BTC dipped less than 24 hours later, indicating a potential drop to below $60,000 by the end of the week. If BTC ETFs stay below $200 million in the next few days, the drop could enter a freefall, landing below $50,000, triggering a cascade of issues across entire crypto markets. In the worst-case scenario, hundreds of altcoins could follow BTC, resulting in the biggest price correction we've ever seen.
Recent Bitcoin price movements prove how volatile crypto markets can be. BTC gained and lost over $14,000 in 10 days, and it could stay in a downtrend for another few days, resulting in massive losses for some token holders. Well, the newest crypto, Green Bitcoin, can help you earn a profit, no matter how low Bitcoin drops. It allows you to earn native $GBTC tokens through a Predict-to-Earn reward system that rewards your "gut feeling" regarding future BTC prices.
It's a simple process requiring you to stake $GBTC tokens before making your predictions. The platform offers various prediction strategies and staking periods, and the rewards depend on the number of tokens you stake. In other words, if you feel that Bitcoin will keep losing value in the next few days, weeks, or months, you can earn a profit, no matter how bad things get for the world's leading cryptocurrency.
Green Bitcoin is built on the Ethereum blockchain, so $GBTC is an ERC-20 token compatible with all popular ETH-based wallets. Moreover, Ethereum platforms all use the Proof-of-Stake consensus system, which makes them over 10,000 more energy efficient than Bitcoin, ensuring long-term sustainability and low maintenance.
The platform introduces a revolutionary Gamified Green Staking system with exponential rewards. For example, if you choose to stake your $GBTC for a week, you will get a 5% bonus on top of your regular rewards. Staking your tokens for a month comes with 10% bonuses; finally, six-month staking periods come with 15% boosts. You will have a wide range of staking options to choose from, and each of them will have different rewards and bonuses. Lastly, your daily staking rewards depend on the tokens you stake.
The reward system is based on your "gut feeling, " making it an excellent choice for beginners and experienced traders. Moreover, if you buy $GBTC during the ongoing presale, you can stake your tokens immediately to earn higher returns before the first CEX & DEX listings. Green Bitcoin's launch will coincide with the next Bitcoin halving event in about a month, so you still have a chance to get into the action early and earn the largest returns in the next few months.
Green Bitcoin has a maximum supply of 21 million tokens, mirroring the original BTC platform. However, only 50% are available during the ongoing presale. Another 20% is reserved for staking rewards after the platform goes live, while 12.5% will be used for marketing purposes, ensuring that Green Bitcoin gets the visibility it deserves.
Finally, 7.5% will be split evenly between CEX & DEX liquidity pools, ensuring stable liquidity, and the remaining 10% is dedicated to loyal Green Bitcoin community members who help spread awareness in the crypto community.
The official Green Bitcoin presale event has been a huge success, raising over $6.4 million in just a few weeks. The hard cap is set to $7 million, so the platform is nearing its final stage. $GBTC tokens are available for $1.0682 at the time of writing, but there will be one more price increase before all tokens are sold.
If you invest in $GBTC right now, you can stake your coins for 91% rewards before the platform goes live in the next few months. Over 6.3 million $GBTC have been staked already, so hurry up and invest today to get the highest rewards.
Bitcoin price corrections are expected and often happen after the token gains over 20% in a short period. The situation right now follows the correction formula perfectly, and BTC tokens could drop by another 10% in the upcoming week.
Investing in Green Bitcoin will allow you to "bet" on Bitcoin's price changes, and if your guess is correct, you can earn a profit, no matter which way Bitcoin's price moves. So, visit the official Green Bitcoin site today and invest as soon as possible, as the presale is closing in on its final goal.
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
