Bitcoin investors are still looking forward to a new all-time high price before the end of Q4 while Ethereum is seeing the lowest network activity in months. Meanwhile, analysts are still preferring Rollblock’s explosive presale because of its massive 100x potential, low entrypoint, and generous staking rewards.
Bitcoin (BTC) to Record a New All-time High Despite Recent Profit-Taking
Bitcoin experienced some profit-taking this week as Bitcoin’s short holders began selling out when the token’s price increased. Despite this bearish signal, Bitcoin’s ETFs still recorded an impressive $596 million worth of inflows over the last seven days. As the broader crypto market picks up momentum before the upcoming US presidential election next week, Bitcoin’s price is expected to reach a new all-time high of $78,900 before the end of Q4.
Bitcoin is currently trading for $67,774.18 after an intra-day increase of 1.23%. Bitcoin’s volume has declined by 7.67% over the last 24 hours as the recent surge in selling activity cools down. Since Bitcoin’s MACD line is still flashing buy signals, analysts expect Bitcoin to test $69,025 within the next few days.
Ethereum’s (ETH) Low Demand Could Trigger Selling Activity
Ethereum could experience a price reversal in the next few days as investors are losing confidence in Ethereum ahead of Q4’s bull market. Ethereum’s market sentiment has been negative for a few weeks but it has recently dropped lower than its August levels. Since Ethereum’s spot ETFs also recorded total weekly outflows of nearly $5 million, the steep decline in Ethereum’s demand could trigger significant selling activity in upcoming weeks.
Ethereum is currently trading for $2,541.59 after a minor intra-day surge of 0.44%. Ethereum’s volume has declined by 10.37% over the last 24 hours which typically indicates low network activity on Ethereum’s blockchain. If this downtrend continues, Ethereum’s price could fall to the $2,257.72 support level soon.
Rollblock’s (RBLK) Presale Stage 7 is Nearly 65% Sold Out
Unlike Bitcoin and Ethereum, Rollblock is in a league of its own by targeting the $500bn per annum global gambling market. Instead of following in the footsteps of traditional iGambling platforms, Rollblock has launched a crypto-native GambleFi casino that is powered by the native RBLK token. Since Rollblock’s casino already has more than 15,000 early signups, analysts are expecting RBLK’s demand to skyrocket even further before the token’s official launch on the open market.
Since Rollblock is fully audited and regulated by both Solid Proof and Gaming Curacao, the platform is already active and generating revenue with more than 7,000+ AI-powered games. New traders can start playing these games to win more RBLK payouts by signing up and depositing any of the 20 major cryptocurrencies.
While traditional online casinos still struggle to offer reliable security measures, Rollblock’s casino encrypts all financial information and bets directly on Ethereum’s immutable blockchain. This means traders can enjoy complete transparency, unchangeable bets, and provably fair gambling on Rollblock.
The best part about investing in Rollblock’s presale is the platform’s generous staking rewards. Since Rollblock is a community-backed altcoin, the platform uses up to 30% of its weekly casino revenue to purchase RBLK tokens from the open market. Rollblock uses 40% of these repurchased tokens to distribute staking rewards with the highest APYs in the market and the remaining 60% are removed from Rollblock’s circulating supply through a token burn mechanism. With this constant buyback and burning mechanism, Rollblock is expected to follow a highly deflationary trend over time.
For now, Rollblock’s native RBLK token is selling for a low price of only $0.0318 in stage 7 of its presale. As analysts anticipate up to 880% returns for RBLK holders by the end of the token’s presale, crypto whales are showing increased confidence in Rollblock ahead of Q4’s bull run.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
Website: https://rollblockpresale.io/
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