Bitcoin Falls Below 70000 Again While Altcoins Sell Off Analysts Predict 50k BTC Investors Seek Protection with Rollblock RBLK

Bitcoin (BTC) made history by hitting a record high of $73,737.94 on March 14, 2024, before dropping to $69,000. Analysts now predict a potential drop to $50,000 for BTC, leading investors to turn to Rollblock (RBLK) as a hedge. Let’s explore the on-chart metrics to understand why.
Bitcoin’s Recent Price Movement and Potential Recovery
BTC surged to an all-time high of $73,737.94, a significant milestone for the blockchain industry. Following a correction, it found support at $69,000. Analyst Skew (@52kskew) on Twitter suggested that BTC may dip to $50,000, initiating a buying opportunity. For this to happen, higher lows after higher highs, respect for 4-hour and 1-day EMAs, and an RSI above 50 are crucial.
Another analyst, Scient, noted that a flip at $71,000 to $72,000 could propel BTC to a new high of $85,000. Conversely, a bullish move could see BTC closing Q4 of 2024 at $98,973, maintaining its status as a top cryptocurrency.
Rollblock (RBLK) – A Promising Investment with 100x Growth Potential
RBLK is gaining popularity among investors seeking a hedge against BTC’s decline. It is part of a licensed casino leveraging blockchain technology for transparency and functionality. By eliminating KYC checks, Rollblock caters to DeFi users wanting greater control over their data.
Utilizing blockchain’s immutable ledger, Rollblock ensures verifiable transaction records, fast speeds, and low fees, enabling quick deposits and withdrawals for online gamblers. The platform’s revenue-sharing model, where profits buy back RBLK tokens, creates scarcity and drives up prices. With a functional platform and privacy-conscious approach, Rollblock is set to disrupt the GambleFi market, projected to reach $744 billion by 2028.
The RBLK token has already seen a 40% increase, reaching $0.014 in its presale Stage 3, raising over $720,000. Analysts predict it could hit $1 million by month-end and spike 100x upon listing on major exchanges.
Investors Eye Rollblock as a Hedge in 2024
As BTC struggles, Rollblock maintains momentum, making it a top choice for diversification in 2024 and beyond. Don’t miss out on the exciting opportunities in the Rollblock (RBLK) presale today!
Explore more at:
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
Tags: BTC