A bearish BTC price prediction of $40k is likely as Bitcoin fails to hold above 60k on several occasions. If that happens, altcoins like Solana (SOL) could experience devastating drawdowns.
That’s where a new crypto presale like Rollblock (RBLK) comes in to help investors protect their capital. This GambleFi’s crypto presale has already delivered 110% gains despite the recent market turmoil.
Solana whales are among the top investors buying in to hedge risks as a BTC price prediction of $100k fades in the distance.
A BTC price prediction of $40k is possible
In the recent bull run, Bitcoin rocketed from a low of $15,476 to an ATH of $73,777, sparking a bullish BTC price prediction of $100k. But since March, BTC whales have been taking profit, pushing Bitcoin price into a descending channel.
On Aug. 5, Bitcoin hurtled down to wick at 49k before recovering to face sharp rejection in the $62k region in mid-August. As of Aug. 19, BTC continued to trade at the lower side of the channel in the $58k region.
A bearish BTC price prediction places it in the $40k region. That’s the monthly support zone where BTC accumulated for months before breaking out in February 2024. Investing in a new crypto presale could help Bitcoin shrimps minimize the downside.
Solana (SOL) whales reinvest profits in new crypto presales
Solana (SOL) shot from a low of $8 to a high of $210 in the recent bull run, delivering a solid 26x return. But for nearly 5 months, SOL whales have been on a profit-taking spree.
On Aug 5, SOL crumbled to the $110 region before recovering later on to face rejection at $163 as whales locked in gains. SOL now hovers in the $142 zone. If Bitcoin crumbles to $40k, SOL could crash down to earth to weekly support in the $80 region.
Solana whales are flocking to crypto presales like Rollblock that could deliver potential upside in a bearish market.
Rollblock (RBLK) new crypto presale a safe haven for investors
The Rollblock (RBLK) presale has captured the attention of investors with incredible revenue-sharing incentives and astronomical growth potential. Investors have already blessed this GambleFi crypto presale with more than $2.2 million in stage 5. That has pushed the RBLK price from $0.01 to $0.021, pulling an easy 110% yield for early revelers.
Unlike traditional online gambling platforms, Rollblock redistributes a weekly dividend to RBLK holders. Users can also become liquidity providers in the Rollblock network by staking their tokens for generous rewards to the tune of 30% APY.
The RBLK token has a killer deflationary design. Capped to a billion, a weekly token burn program depletes the circulating token supply steadily as demand increases, appreciating the token value.
Such a solid tokenomic structure at the center of the $450 billion gambling empire positions RBLK’s market cap to rocket into the billions, pumping the RBLK price to the stratosphere.
Analysts predict potential gains north of 880% in presale and a blast past 100x on launch. That’s why Solana (SOL) whales are flocking into the Rollbock new crypto presale to hedge risks as BTC price prediction of $40k swirls in the market.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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Source: https://www.crypto-news-flash.com/is-bitcoin-set-to-crash-to-40k-solana-sol-investors-are-flocking-to-rollblock-presale-to-hedge-risks/?utm_source=rss&utm_medium=rss&utm_campaign=is-bitcoin-set-to-crash-to-40k-solana-sol-investors-are-flocking-to-rollblock-presale-to-hedge-risks