Year in and year out, the crypto market rally has played out in a cyclical pattern. Glassnode’s latest analysis has revealed a striking parallel between Bitcoin’s recent surge past $100k and the previous crypto rally. The crypto market is toeing in line, and the new GambleFi ingenuity Rollblock is at the cynosure of this positive outlook. Currently in presale, Rollblock’s mission to change the $500B iGaming market and redefine incentivized participation has fueled a bullish outlook. Can Bitcoin’s cyclic trend buck up this outlook? Let’s find out.
Glassnode: Bitcoin‘s trajectory mirrors previous crypto rally cycles.
Bitcoin’s impressive run this quarter has captivated the financial world. In fact, blockchain analytics firm Glassnode has highlighted that Bitcoin’s trajectory closely mirrors previous crypto rallies, especially the 2015-2018 and 2018-2021 cycles. According to Glassnode’s report, Long-term holders (LTHs) and their year-long convictions played out positively for the BTC price.
LTHs realized a staggering $2.1B following the historic ascent. Profit-taking behavior also aligns with patterns seen in previous crypto rallies —seasoned investors are distributing and diversifying their wins. Even more interesting is the record-low drawdown Bitcoin investors had in this crypto rally.
Price drawdowns have consistently exceeded 30%, but this cycle held on to a modest 25% at the heel of institutional and governmental interest. Trump’s recent pro-crypto win and ETF products have injected significant liquidity and stability into the market. Recent sell-offs have been gulped up by fresh buyer inflows. As of press time, Bitcoin is still hovering around the $100k mark after shedding 5% in just a week.
Can Rollblock toe in line and continue its enigmatic ascent?
Rollblock’s launch a few months ago marked a historic win for the iGaming market. Its first-mover advantage as the first fully democratized AI-backed casino has kept investors on their toes. Since its presale went live, the bullish projection has played out perfectly, and Rollblock has been on an impressive trajectory. Right now, the timing couldn’t be better. Glassnode’s analysis of Bitcoin’s surge has set the stage for more crypto wins, especially for Rollblock.
With more than $7.4 million raised in early investments and analysts forecasting potential profits of 800% for early adopters, Rollblock is proving to be more than just another crypto contender. The reasons are there! Rollblock is bringing Ethereum’s smart contract to iGaming. That means no more security threats, no more underhanded tricks. It’s a new age where transparency and provably fair gaming are prioritized.
What sets Rollblock apart is its utility-driven ecosystem centered around the RBLK token. There are VIP bonuses, a revenue-sharing program, and staking opportunities for holders. This community-first approach, innovative tokenomics, and seamless gaming experience may position Rollblock as the next success story in this crypto rally.
Conclusion
Glassnode’s Bitcoin analysis and the cyclical rally patterns have painted the picture perfect for the next crypto rally. It’s also a blueprint for the next mooners, and Rollblock is playing out as that standout opportunity that could capitalize on Bitcoin’s success. Rollblock is more than just a new crypto—it’s a game-changer for the iGaming market. Its ongoing presale is the tangible proof every investor needs – more than 25,000 investors have contributed to its 330% growth. Analysts have predicted more, and the price is at just $0.043. So don’t fade the opportunity.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino
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