Euphoria has returned to the market as Bitcoin has soared above $67k and bulls are preparing to attack the $70k resistance once again. Cosmos has also seen a decent rebound, holding strong around the $6.30 mark. Meanwhile, Rollblock’s presale is ready to cross $2 million in raised funds as the end of Stage 4 of the presale approaches.
Is Bitcoin Ready For Another New All-time High?
Bitcoin has regained momentum after the early July sell-off, which saw its price plummet to $54k.
Bitcoin’s one-hour chart indicates a sustained uptrend, with prices constantly moving above Key Exponential Moving averages (EMAs). Bitcoin buy pressure is steadily mounting, and it feels like just a few hours away from breaching the $70k mark.
On the other hand, the Relative Strength Index (RS) shows that Bitcoin is in overbought territory and a small correction could also be in the cards, before bullish continuation.
Cosmos Breakout Incoming?
Cosmos has seen significant price turbulence during the recent downtrend. Currently at $6.3, Cosmos has a long way to go before it reaches again the $14 yearly high. Cosmos remains a fundamentally solid project with a constantly expanding ecosystem.
An upgrade was released recently, allowing Bitcoin holders to move BTC on the Cosmos platform. Given Bitcoin’s strong performance, this could be the catalyst Cosmos needs to reclaim the $10 level.
Rollblock Ready To Reign As Altcoin King
Rollblock offers users an immersive crypto casino experience by seamlessly integrating centralized and decentralized gambling. The main priorities are transparency and user trust, values that have been lacking in the online casino sphere.
The casino’s most impressive aspect is the revenue-sharing model powered by RBLK, the native token of the Rollblock ecosystem. Users can hold and stake RBLK on the platform and enjoy some of the highest APY on the market.
Rollblock reinvests up to 30% of the weekly revenue to buy back RBLK tokens from the open market. Half of these tokens are burned, resulting in a systematic supply shock and pri...
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