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Bitcoin (BTC) Price Prediction Bullish But Price Still Low

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Release: 2024-08-20 06:05:18
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Analysts all over the world are trying to find reasons why Bitcoin is so low. All quantitative analyses of Bitcoin show that it should be high and going higher.

Bitcoin (BTC) Price Prediction Bullish But Price Still Low

The crypto market continues to defy logic, with Bitcoin remaining stubbornly low despite bullish signals. But while the meme coin market suffered, with Pepe Coin losing 60%, Rollblock, a new GambleFi token, surged in presale.

Bitcoin’s low price has puzzled analysts, given its strong quantitative показатели. Coincodex predicts BTC will reach $90k by September and $100k by Easter. Despite favorable market conditions, Bitcoin’s price remained surprisingly low, with various factors cited as the potential cause, including the Japanese stock market, Mt Gox, and US inflation. However, the long-term BTC price prediction remains optimistic.

Pepe Coin, known for its record-breaking returns, faced a sharp decline, losing 60% of its value. Pepe Coin, which boasts zero intrinsic value and serves only to capitalize on the internet’s fascination with memes, lacked the infrastructure to sustain its rapid ascent. As a result, investors realized Pepe Coin’s limitations and began abandoning the meme coin.

In contrast to meme coins, Rollblock, a new online gambling platform, attracted investors with a strong use case. Rollblock brings the $500 billion online gambling industry to retail investors through its no-KYC play-to-earn online casino and deflationary token. Holders receive a weekly revenue share from the platform’s income. Rollblock is now in its fifth presale phase at $0.0205.

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