Bitcoin Price Prediction: Marathon Digital Takes A $250M Bet On BTC As Investors Rush To Buy This GameFi Gem

The
Bitcoin
price
jumped
2%
in
the
last
24
hours


to
trade
at
$59,133

as
of
03:42
a.m.
EST
on
trading
volume
that
surged
23%
to
$34
billion.

This
comes
as
Marathon
Digital
Holdings,
one
of
the
world’s
largest
Bitcoin
mining
firms,
announced
its
plans
to
privately
offer
$250
million
in
convertible
senior
notes
due
2031.
The
private
offering
is
targeted
at
qualified
institutional
buyers.

The
firm
aims
to
use
the
proceeds
to
acquire
Bitcoin
as
well
as
fund
corporate
growth.

Bitcoin
Price
Could
Sustain
Its
Rally

The

Bitcoin
price
has
been
in
a
sustained
rally
in
the
last
week,
soaring
7%,
according
to
data
from


GeckoTerminal.

BTC
has
been
trading
within
a
rising
channel
pattern,
with
the
price
surging
over
the
channel
once
as
it
rose
to
the
$62,500
resistance.

The
bulls
now
aim
for
a
sustained
rally
over
the
channel,
as
BTC
climbs
over
the
50
Simple
Moving
Average
(SMA)
on
the
4-hour
chart.
A
sustained
rally
could
propel
the
price
of
Bitcoin
to
the
upper
boundary
of
the
channel,
and
within
the
200
SMA
at
$62,532.

If
this
momentum
continues,
the
price
of
Bitcoin
could
soar
above
the
rising
channel,
with
the
bulls
potentially
looking
to
target
$66,700.

However,
the
Relative
Strength
Index
(RSI)
is
dropping
from
the
50-midline
level,
currently
at
46,
which
is
an
indication
that
sellers
are
gaining
control
of
the
token.
If
the
selling
continues,
the

BTC
price
could
plunge
further
down
to
the
$58,211
support
(50
SMA).

Meanwhile,
another
crypto,


Mega
Dice
(DICE),
is
preparing
to
explode.
Top
analysts
and
investors
are
rushing
to
buy
this
token
before
it’s
too
late.

DICE:
The
Next
100X
Crypto?
Join
the
Mega
Dice
Revolution
Today

The
crypto
world
is
abuzz
with
excitement
over
DICE,
the
native
token
of
the
rapidly
growing
Mega
Dice
Casino.
With
predictions
of
a
potential
“100X”
return
post-launch,
now
might
be
the
perfect
time
to
consider
this
opportunity.

Mega
Dice
Casino
is
not
a
small
platform.
It
boasts
over
11,000
active
users
and
processes
more
than
$50
million
in
monthly
bets.
Offering
a
vast
array
of
over
4,000
casino
games
and
more
than
50
sports
and
eSports
betting
options,
Mega
Dice
is
quickly
becoming
a
go-to
destination
for
gaming
enthusiasts.

What
makes
DICE
truly
stand
out
is
its
innovative


staking
model.
Token
holders
can
earn
daily
rewards
based
on
the
casino’s
profits,
providing
an
attractive
incentive
to
hold
onto
this
potentially
lucrative
cryptocurrency. 

In
addition,
the
seamless
integration
with
the
popular
TON
Wallet
on
Telegram
and
the
ability
to
manage
your
funds
has
never
been
easier.

Mega
Dice
casino
now
supports
the
best
Telegram
wallet!

#TON????

Easily
use
your
TON
by
choosing
it
as
your
deposit
method
and
connecting
your
wallet
in
just
a
few
steps.
Start
playing
and
winning
today!
????

Join
now????https://t.co/FjIFjfAnCY

pic.twitter.com/hlqt50vBUF

—
Mega
Dice
Casino
(@megadice)

August
7,
2024

Influential
crypto
YouTubers
like
TodayTrader
predict
a
substantial
return
on
investment,
forecasting
a
potential
“100X”
post-launch.

With
DICE
already
raising
over
$1.7
million
in
its
presale,
momentum
is
building
fast.
Tokens
are
currently
priced
at
just
$0.105266
each. 

Buy
DICE
using
BNB,
ETH,
or
SOL
on
the
official
Mega
Dice
website.

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