Bitcoin’s long post-halving summer continues to frustrate investors with choppy price action, causing many altcoins to lose support. Binance Coin looks shaky at $500, while hyped casino presale Rollblock ($RBLK) continues to impress with a recent new high. Find out why experts expect 200x gains for this GambleFi upstart!
Bitcoin ($BTC) Activity Tumbles As Summer Slump Continues
Bitcoin is experiencing a lengthy summer of chop as it builds a strong base beneath resistance at 60k. September is generally a quiet time for the markets and Bitcoin has a history of putting in bearish months during September. Active addresses on the Bitcoin network have fallen from over 1 million during March to current levels around 830,000.Â
This decline in Bitcoin network activity signals a lack of trading interest, as retail investors remain frustrated by challenging price action. Support at $54k should hold strong for now, although Bitcoin will…
