Bitcoin hit $66k on July 17 after a 24% rebound from its price crash of July 5. Despite a correctional decline over the past 24 hours, Bitcoin’s market sentiment is still bullish, with many crypto analysts predicting it could hit $70k soon.
While most altcoins have surged in this bull market, Celestia’s recent market performance has been a bit lackluster, pushing its investors into Rollblock’s presale. Keep reading for the details!
Trump’s VP Pick Bolsters Bitcoin’s Price
Macroeconomic and sociopolitical factors like global inflation rates and world political leaders largely drive the crypto market. On July 15, former US president and presidential candidate, Donald Trump chose Sen. JD Vance as his VP running mate for the upcoming US elections.
The news pushed the price of Bitcoin to $66,000 on July 17 because both Trump and Vance are pro-crypto, hodling large amounts of Bitcoins, and have consistently advocated for the global adoption of cryptocurrencies. Now trading at $63,000, Bitcoin is still bullish, eyeing a short-term price target of $70,000.
Moreover, now that Mt. Gox repayments have commenced, Bitcoin is geared to experience lesser selling pressure in the long term. Besides, Bitcoin ETFs have also extended their seven-day winning run on July 16 after recording $422.5 million of inflows, the biggest single-day rally since June 5.
Celestia Drives Investors Into Promising Altcoins
While most altcoins have surged following Bitcoin’s recent market performance, the price of TIA has recorded only 11 green days in the last 30 days, declining by 8% this week, and exhibiting a bearish market sentiment with 62% of its technical indicators supporting this outlook.
Since reaching its all-time high in February, TIA has been trading within a bearish channel on the TIAUSDT price charts. Unable to break above the trendline, TIA is poised to touch $5.57 before the week ends. The trading volume of TIA has also plummeted by 24% over the past 24 hours.
Advertisement Banner
Moreover, the recent decline of TIA has been tied to an increasing loss of investor interest as recent on-chain metrics have revealed a significant decline in TIA’s daily active addresses. Notably, TIA’s investors are migrating into altcoins with high ROI potential such as RBLK.
Rollblock’s Presale Attracts Investors With 50x ROIs
Rollblock has attracted both Bitcoin and Celestia’s token holders into its ongoing presale because it promises them a high ROI on their portfolios even before the end of the presale. In stage 4, the public presale has already increased the gains of stage 1 investors by over 50%, emerging as the top ICO in the ongoing bull market.
This impressive presale performance has been tied to Rollblock’s strategic market positioning as a top GambleFi protocol on the Ethereum blockchain which has attracted forward-thinking members of the political class like Donald Trump with its online casino. Still, Rollblock has democratized access to the casino by selling RBLK tokens at discounted prices at the presale.
Now trading at $0.017, every investor who buys and hodls or stakes RBLK has the chance to earn even more RBLK tokens by simply engaging with the online casino. This is because the casino shares 30% of its generated revenue with investors, with incredibly high staking rewards. Besides, investors who get in now could see over 50x ROIs at RBLK’s official market launch.
In conclusion, the price of Bitcoin has been forecast to hit $70,000 soon, which will consequently cause another wave of the bull market, and RBLK has positioned itself to take advantage. This strategy has continuously pushed top investors, including TIA token holders into its ongoing public presale. Buy RBLK now to join them in realizing over 50x ROIs!
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach The Bit Journal’s audience directly. The Bit Journal’s editorial team does not create, endorse, or verify the content of Brand Press posts. Any views or opinions expressed in this content are solely those of the advertiser and do not reflect the opinions or views of The Bit Journal. The Bit Journal is not responsible for any claims, errors, or omissions in the content provided. For advertising inquiries, please email . [email protected]
The price predictions and financial analysis presented on this website are for informational purposes only and do not constitute financial, investment, or trading advice. While we strive to provide accurate and up-to-date information, the volatile nature of cryptocurrency markets means that prices can fluctuate significantly and unpredictably.
You should conduct your own research and consult with a qualified financial advisor before making any investment decisions. The Bit Journal does not guarantee the accuracy, completeness, or reliability of any information provided in the price predictions, and we will not be held liable for any losses incurred as a result of relying on this information.
Investing in cryptocurrencies carries risks, including the risk of significant losses. Always invest responsibly and within your means.
