Bitcoin's price shows promise for a bullish breakout to $80,000, buoyed by recent closure above the 50-day SMA and above the upper boundary of a falling wedge pattern. However, Venezuela's Ministry of Electric Power's decision to disconnect cryptocurrency mining farms due to energy consumption concerns poses a regulatory challenge. Concurrently, 99Bitcoins' successful presale, raising over $1.4 million, offers investors a chance to engage with its gamified cryptocurrency education platform. With $99BTC token providing passive income through staking and dApp development on Bitcoin network, it presents an intriguing investment opportunity amidst regulatory shifts.
