Bitcoin was on a bullish trend over the last seven days, but that momentum is now slowing down after a decrease in Bitcoin’s institutional inflows. Meanwhile, investors are rushing to invest in Rollblock’s GambleFi protocol before it hits a new all-time high this week.
Bitcoin (BTC) Claims $62,000 Support After Bullish Rally
Despite a neutral community sentiment, Bitcoin’s price has surged by nearly 10% over the last seven days. Although Bitcoin’s institutional inflows saw a mild decrease over the previous week, Bitcoin’s price action remained positive. Bitcoin has now established the $62,000 level as a crucial psychological support, making the token well-positioned for big gains in Q4. Bitcoin is currently trading at $63,647.03 after a 1.51% intra-day surge.
Bitcoin’s on-chain data also indicates bullish momentum, as the MACD and signal line are in a bullish crossover on the daily chart. However, Bitcoin’s RSI is edging in the lower 60s, suggesting a slight decrease in last week’s bullish momentum. If Bitcoin continues to hold the $62,000 support in the next few weeks, Bitcoin’s price could climb to the $65,379 resistance soon.
Rollblock ($RBLK) Shows 100x Potential Ahead of Q4’s Altseason
Rollblock’s new GambleFi protocol is quickly gaining bullish momentum ahead of the upcoming altseason in Q4. After rallying 170% in presale stages, Rollblock has already proven its potential as the leading DeFi altcoin in 2024. As Rollblock’s official launch day draws closer, analysts believe Rollblock’s price could reach as high as $0.098 which is a massive 880% surge from the initial presale price.
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The reason behind such extremely bullish projections for Rollblock is the platform’s commitment to creating an online casino experience that is entirely crypto-native and 100% secure. By encrypting every financial transaction and bet directly on Ethereum’s immutable blockchain, Rollblock is easily leaving all traditional casinos behind. On Rollblock, every bet is unchangeable after it has been placed, making the platform free of any third-party manipulations like bet fixing.
To make things even better, Rollblock boasts a strict no-KYC policy, meaning new users can sign up by simply connecting their wallets and depositing a cryptocurrency of their choice. Even in presale, Rollblock’s casino is already up and running with more than 7,000 AI-powered games. Not only does Rollblock feature casino classics like roulette and poker, but even new and exclusive Web3-powered games to keep traders and high rollers entertained.
Despite these impressive features, the real reason why Rollblock’s presale is selling out in record time is the platform’s native $RBLK utility token. Aside from powering Rollblock’s casino ecosystem, $RBLK also functions as an independent token that offers long-term sustainability and scalability to investors.
Through Rollblock’s revenue-sharing model, the platform repurchases tokens on the open market using its casino revenue. These repurchased tokens are then distributed to long-term holders as staking rewards with up to 30% APY, and the remaining are burned forever to limit Rollblock’s circulating supply and maintain a deflationary price trend.
Rollblock is nearly at the end of its sixth presale stage, with tokens selling at just $0.027 per token. As Rollblock’s remarkable GambleFi protocol gains even more traction, analysts are projecting a massive 880% surge before the end of its presale, with a new all-time high expected before the end of this week.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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