Legendary Bitcoin Analyst Expect Pause in the BTC Price Rally, but a Violent Move for this Altcoin

After rallying since mid-September, the crypto market has started October on a bearish note. As a result, top crypto coins have significantly retraced their growth. At the same time, a renowned analyst has predicted that the Bitcoin (BTC) rally will end, but RCO Finance (RCOF), an emerging Ethereum altcoin, will continue pumping. 

Has the Bitcoin (BTC) rally wound up, and what’s fueling the RCO Finance (RCOF) rally? Continue reading to find out!

Bitcoin Starts October Bleeding: Is The Rally Over?

After reclaiming the $60,000 level in mid-September, the BTC price rallied significantly, triggering a massive altcoin season. Primarily, these gains were a result of the Federal Reserve slashing interest rates by 50 basis points. This bullish development saw Bitcoin (BTC) climb as high as $66,480 on September 27. 

However, the buzz about the interest rate cut faded, and the BTC price started pulling back. Bitcoin closed September trading around $63,329. The BTC price then plunged as low as $60,189 on October 1. By October 2, the BTC price had stabilized at around $61,588. This BTC price denotes a 4% weekly drop. 

As the BTC price continues bleeding, the 24-hour Bitcoin trading volume is up 37%. This increased activity in a red market likely indicates investors are dumping BTC and diversifying their portfolios with fresh altcoins. This explains why this analyst believes the Bitcoin rally might have come to an end. 

RCOF: A High-Potential Investment

As the crypto market eagerly awaits Bitcoin’s next move, RCOF, a new Ethereum altcoin, has continued making waves during its presale. Investors are flocking to the RCOF presale because it holds great promise. Also, the smart contract audit by renowned blockchain firm SolidProof verified RCOF’s safety, helping build investor trust in this altcoin.

By October 2, RCOF was in Stage 2 of its ongoing presale. RCOF’s price during Stage 2 is $0.0344. Investors can seize this opportunity to stock up on RCOF and watch the value of their holdings skyrocket as this Ethereum altcoin moves toward its listing price of $0.4-$0.6. 

Amazingly, this top Bitcoin analyst believes RCOF will surge in Q4 2024 due to increasing demand. Also, this analyst expects RCOF to mimic Bitcoin’s 7,400% surge between 2017 and 2024 by early 2025. 

RCO Finance: A DeFi Platform That Supports 120K+ Assets

The renewed bearish trend in the crypto market has seen investors flock to RCO Finance to diversify their portfolios and hedge against further losses. RCO Finance has emerged as a top pick for investors because it supports real-world asset (RWA) tokenization, exposing investors to illiquid assets like real estate and commodities. 

While RCO Finance’s RWA tokenization capabilities are alluring, the platform truly stands out because of its AI-powered robo advisor. The RCO Finance robo advisor runs on machine learning and algorithms, making it the only completely AI-powered trading tool in the crypto market. 

Through its state-of-the-art architecture, the robo advisor tracks the 120,000+ crypto and TradFi assets RCO Finance supports, gathering data like technical indicators, trading volumes, and pertinent news. The robo advisor then matches this data with an investor’s investment preferences before providing free personalized recommendations. 

By embracing these data-based recommendations, investors can avoid making investment decisions based on emotions and biases. This results in increased profits and reduced risk. Moreover, the robo advisor is more cost-effective than traditional financial investors who charge exorbitantly because of relying on intermediaries. 

Apart from its one-of-a-kind robo advisor, RCO Finance has enthralled investors because it supports yield farming, creating an opportunity for passive earning. Also, RCO Finance is a non-KYC platform. This feature exposes investors to professional investment management tools without forcing them to divulge personal details. 

For more information about the RCO Finance Presale:

RCO Finance Presale | The RCO Finance Community

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