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The Bitcoin price soared 3% in the last 24 hours to trade at $63,375 as of 00:50 a.m. EST even as trading volume tumbled 11% to $41.7 billion.
This comes after the Bank of Japan (BOJ) left key interest rates unchanged at its September policy meeting, and indicated it’s in no rush to raise rates.
Bitcoin Price Set For A Bullish Trend Continuation
The Bitcoin price has recently capitalized on the cup and handle pattern to soar above the $63,000 level, according to data from GeckoTerminal.
BTC has now surpassed both the 50-day and 200-day Simple Moving Averages (SMAs), which confirms the bullish trend.
The Relative Strength Index also seems to be recovering above the 50-midline level, currently at 64, as it soars towards the 70-overbought region, showing that the token is currently under intense buying pressure.
Moreover, the Moving Average Convergence Divergence shows that the Bitcoin price is currently on positive momentum.
If this momentum continues, BTC could continue soaring as the bulls target $66,600.
However, if the bears take control of the price at this level, the Bitcoin price may plunge back to the 50-day SMA at $59,774.
Meanwhile, investors are also buying the new Solana GameFi project Mega Dice (DICE), which has amassed over $1.87 million in its presale, which has only 9 days left.
According to 99Bitcoins, a prominent crypto channel on YouTube boasting over 706K subscribers, $DICE has the potential to soar 100X after its launch.
Mega Dice Presale Blasts Past $1.87 Million – Next Rollbit Coin?
Mega Dice casino has over 11,000 active monthly users who wager more than $50 million every month.
It provides an extensive selection of over 4,000 casino games, along with more than 50 options for sports and eSports betting, making it a premier destination for crypto gaming enthusiasts.
Another awesome #BIGWIN on #FistOfDestruction by @hacksawgaming🤯
This Mega Dice player won $7609.20 from a $3 bet💰
Watch the BIG win here 👀 pic.twitter.com/Mr3sRk1k21
— Mega Dice Casino (@megadice) July 18, 2024
Token holders also have a chance to share in the casino’s daily profits through its unique staking system.
Start staking your $DICE tokens! 🚀
We’re happy to announce that our staking pools are officially open – stake your $DICE for incredible APYs 🏆
This solidifies $DICE as the #1 GameFi token on SOL. Whether you choose to play or stake, you’re winning BIG with Mega Dice! 🔥… pic.twitter.com/dKcwvGomO7
— Mega Dice Casino (@megadice) July 3, 2024
To join the presale, you can buy $DICE on the official website here for $0.116056 per token using BNB, ETH, or SOL. You can also earn 10% on any purchases made by investors you refer.
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