Experts Predict New Bitcoin (BTC) ATH Amid Market Volatility; Rollblock Dominates Gaming Space Intriguing Toncoin (TON) Investors
The post Experts Predict New Bitcoin (BTC) ATH Amid Market Volatility; Rollblock Dominates Gaming Space Intriguing Toncoin (TON) Investors appeared on BitcoinEthereumNews.com.
Bitcoin has recouped most of its recent losses and is consolidating around the $60k mark while momentum is building. Meanwhile, Toncoin investors are considering rotating capital into low-cap gems to weather the rising volatility among majors. One project, in particular, is standing out with its innovative framework: DeFi Casino Rollblcock. Bitcoin Gearing Up For The Next Move? Some Analysts Think So! Bitcoin is currently consolidating below $60k after experiencing a strong rebound from the $54k bottom. Bitcoin briefly tested the $62k resistance a few days ago, but a rejection quickly followed. Technical analysis shows that Bitcoin is still in bullish territory, with Bitcoin moving above the 50-day and 200-day moving averages. Experts expect that once accumulation around $60k is done, a breakout to the upside should follow, with Bitcoin aiming for a new all-time high in the upcoming months. Toncoin Sees Strong Recovery But Is Still Trending Downwards Toncoin is a Layer 1 blockchain designed to be highly scalable and capable of handling millions of transactions per second. Toncoin is a promising project that experienced a significant rally since the start of 2024. However, the series of sell-offs in the last month cut Toncoin’s momentum short. Toncoin peaked at $8.17 after failing to break the resistance twice, forming a double top on the chart, an infamously bearish pattern. Toncoin currently trades at $6.45, but it’s struggling to pick up the pace. Rollblock is Becoming The Next 100x Gem Rollblock is a community-driven crypto casino that is turning heads both in the crypto world and the online casino sphere with its unique revenue-share model. By leveraging blockchain technology, Rollblock is tackling the issues that have plagued the casino market: lack of transparency, security, and user trust. The online gambling industry is set to reach $750 billion in value in 2028, and…
Filed under: News - @ August 17, 2024 8:21 am