Expert Believes Bitcoin Could Dump To $51K If It Breaks Critical Price Support; Accumulation Continues On $RECQ Presale Ahead Of Hyped Launch

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TLDR

  • Renowned expert predicts that Bitcoin could slump to $51,600 if it drops below $61,000.
  • Rebel Satoshi’s $RECQ token is set to jump further after surging 85% during its presale.

Top altcoins have recorded double-digit losses over the past week. Meanwhile, a renowned expert believes Bitcoin (BTC) could join the bloodbath and plunge to $51,000 if it breaches a crucial support level. On the other hand, Rebel Satoshi’s $RECQ token has emerged as the go-to crypto after jumping 85% thus far during its public presale.

Will Bitcoin hold its supply level, and will $RECQ continue pumping? Read on to discover!

Expert Says Bitcoin Could Plunge to $51K if It Dips Below $61K!

Renowned crypto analyst Ali Martinez recently made a notable Bitcoin (BTC) prediction as the leading crypto nears its halving event. Per Martinez, BTC has been consolidating in a parallel channel. Specifically, the polished analyst pointed out that BTC’s critical support level is $61,000, while $72,000 is the most important resistance level. 

According to Martinez, BTC might plunge sharply to trade around $56,200 or even $51,600 if it falls below the $61,000 support level. In contrast, Martinez believes BTC might soar as high as $79,000 and $86,000 if it surpasses the $72,000 resistance level. 

As of April 19, BTC had stabilized at around $63,444, and its halving was approximately a day away. Per CryptoQuant, BTC has historically performed poorly before halvening, with significant gains coming soon afterward. This insight makes BTC a good crypto to buy now!

Rebel Satoshi’s $RECQ Gains Traction as More Investors Flock to Its Presale!

Rebel Satoshi, an emerging meme coin project that draws inspiration from Satoshi Nakamoto and Guy Fawkes, has become a sensation in the crypto industry due to its mission to challenge centralization. Moreover, Rebel Satoshi has gained favor among investors due to its dual-token ecosystem. 

Specifically, Rebel Satoshi aims to build an ecosystem with an arcade, an NFT marketplace, and a stake-to-earn program. Investors will have to purchase Rebel Satoshi tokens, namely $RBLZ and $RECQ, to unlock the above features. $RBLZ doubles as Rebel Satoshi’s membership and long-term investment token, while $RECQ is the utility token.

By April, investors could purchase $RBLZ from Coinstore, CoinGecko, Uniswap, and DEXTools. Notably, $RBLZ surged 150% during its presale, which ended on February 29. On the other hand, $RECQ was carrying on with Stage 1 of its public presale as of April. $RECQ’s price during this round was $0.0037. 

By climbing to $0.0037, $RECQ has rewarded Early Bird Round investors that bought it at $0.0020 with an 85% ROI, which will increase to 525% when $RECQ hits its launch price of $0.0125. In comparison, Stage 1 investors will get a 237.84% ROI when $RECQ reaches $0.0125. This colossal ROI makes $RECQ the best crypto to invest in now!

For the latest updates and more information, be sure to visit the official Rebel Satoshi Website or contact Rebel Red via Telegram

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