Short Liquidity Builds Above $100K For Bitcoin; Could We Witness The Biggest Short Squeeze In History; BTC To $150K?

Bitcoin’s ascent toward $100K has caused substantial short liquidity buildups, and this could drive BTC’s price to $150K. But as Bitcoin increasingly becomes a mainstream finance asset, many investors who missed the cryptocurrency’s momentum are looking for alternatives with massive returns potential. Rollblock is a new GameFi platform with an ICO under $1 that is attracting the attention of forward-thinking investors. With over $5.9M raised in its rapidly growing ICO, interest in Rollblock is increasing at an unprecedented pace.

Bitcoin’s Path to $150K Amid MicroStrategy’s Bold Bet

Bitcoin recently pulled back to $95,500 after brushing the $99,000 mark on November 22. Despite the correction, the cryptocurrency has surged 42.7% in the past month, climbing from $67,000 to its current range as bullish momentum reigns.

The prospect of Bitcoin hitting $150,000 may seem audacious, but historical patterns and market psychology suggest otherwise. Analysts leveraging the Elliott Wave Theory believe Bitcoin could be in its third wave—historically the most explosive phase. Projections suggest BTC could rally to $130,000, see a brief correction, and then surge past $150,000, potentially testing $200,000 resistance in the fifth wave.

These milestones require Bitcoin to hold key support of $95,300 and $94,800. A break over the $100,000 psychological barrier might inject new investor optimism, similar to its historic highs above $20,000 and $50,000.

Additionally, MicroStrategy’s $5.4 billion BTC acquisition adds fuel to the fire of Bitcoin’s predictions. The company bought 55,500 BTC between November 18 and 24 at an average cost of $97,862 through convertible notes and strategic equity offerings. This is the biggest purchase so far and also shows institutional faith in Bitcoin’s future trajectory.

As market dynamics shift, the stage is set for Bitcoin to challenge its limits once again.

Rollblock: Revolutionizing GameFi with Security, Rewards, and Deflationary Growth

Rollblock is merging the best of centralized and decentralized finance to transform trading and gaming. This project concentrates on innovation and transparency, leveraging the advantages of cryptocurrency to change internet gaming.

Rollblock delivers a gaming experience that is fast, secure, and globally accessible. The platform’s advanced encryption ensures top-tier protection for users’ data, while smart contract audits by SolidProof instill trust. Additionally, Rollblock operates under the Curaçao eGaming license, further solidifying its reputation as a secure and reliable platform.

What makes Rollblock special is the variety of games offered to keep players busy and entertained. The platform provides over 7000 games, rakebacks, staking opportunities, and a revenue-sharing model that supports its immersive gameplay.

Rollblock’s $RBLK token drives user engagement and profitability through its role in the ecosystem. Rollblock reinvests up to 30% of its weekly revenue to buy back $RBLK tokens, which are then distributed to holders as staking rewards. At the same time, 60% of the repurchased tokens are burned, creating a deflationary mechanism that supports sustainable price growth.

With over 25,000 backers and presale revenue exceeding $5.9 million, Rollblock is rapidly gaining traction. Currently in stage 8 of its presale, tokens are available for just $0.036, offering investors an opportunity to stake their $RBLK and earn passive income. As the hype around Rollblock’s innovative revenue-sharing model grows, seasoned crypto investors are flocking to the platform, anticipating substantial returns.

Discover the exciting opportunities of the Rollblock (RBLK) presale today!

Website: https://presale.rollblock.io/
Socials: https://linktr.ee/rollblockcasino

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

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