2024

Bitcoin

DeFi

Time

Bitcoin (BTC) preceded most altcoins in a bullish trend at the start of the year, paving the way for this sector to follow toward new yearly highs. Now, the crypto giant is moving in a different direction.&nbsp;
It’s now up to the rest of the crypto market to recover from the downtrend. Mantra (OM) and<a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow"> RCO Finance (RCOF)</a> are already doing a great job, as the new DeFi trading project aims to launch among the top 20 cryptocurrencies soon.
Wondering why? We have details on the RCOF project here.
<h2 class="wp-block-heading" id="bitcoin-could-be-stuck-in-loss-for-another-few-weeks">Bitcoin Could Be Stuck in Loss for Another Few Weeks</h2>
On Friday, the <a href="https://www.financemagnates.com/cryptocurrency/germans-mt-gox-or-feds-who-caused-the-bitcoin-dip/" target="_blank" rel="noopener noreferrer nofollow">Mt. Gox</a> disbursement to its creditors sparked a notably bearish trend on Bitcoin, and miners and investors sold off some of their BTC holdings. Since then, we’ve seen even more news of impending downtrends, as the German government released some of its Bitcoin stash to exchanges at different periods last week.
The Mt Gox creditors have started selling their BTC earnings, sending Bitcoin into further losses. The token went down <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">5.2%</a> on Monday, and despite a slight recovery, there’s still a lot of bearish reversal left for Bitcoin.&nbsp;
The weekend saw BTC recover almost $5,000, but analysts have tagged that as a ‘dead cat’ bounce, as they expect even more dips.
<h2 class="wp-block-heading" id="mantra-gets-positive-recommendations">Mantra Gets Positive Recommendations</h2>
The OM token has traded at mediocre levels for over three years, or at least until the bull run at the start of 2024. Mantra has been on a bull run on high timeframes, as its last decent spikes were between October 2020 and March 2021.
The trend in 2024 was enough to send OM into another rising frenzy. The surge saw Mantra hit its ATH at <a href="https://coinmarketcap.com/currencies/mantra/" target="_blank" rel="noopener noreferrer nofollow">$1.09</a> in June after an announcement of a partnership to promote real-asset tokenization on the network.
Mantra has corrected since, swinging between $0.60 and $0.80, with an <a href="https://coinmarketcap.com/currencies/mantra/" target="_blank" rel="noopener noreferrer nofollow">11%</a> spike last week to record a weekly high of about $0.89. The times have been bearish, but OM has maintained its price at $0.7 while ranked 108th on <a href="https://coinmarketcap.com/currencies/mantra/" target="_blank" rel="noopener noreferrer nofollow">CoinMarketCap</a>.
Most analysts have presented favorable predictions for OM, but the RCOF token has the most potential for profits this summer.
<h2 class="wp-block-heading" id="rco-finance-is-planning-a-summer-rally">RCO Finance Is Planning a Summer Rally</h2>
Many DeFi projects need help to offer profits and top-quality features at once. Often, they showcase their superior features while their investors make whatever they can from token staking.<a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow"> RCO Finance</a> is striking the balance well enough, as you’ll see soon enough.
The Robo Advisor is RCO Finance’s top feature, the <a class="wpil_keyword_link" href="https://captainaltcoin.com/best-ai-crypto-projects/" title="AI" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">AI</a> assistant on the trading platform. RCOF offers about 120,000 different trading assets, and before you choose which ones to add to your portfolio, you need some guidance. That’s where Robo Advisor comes in.
Its advanced programming and machine learning algorithms help Robo Advisor accurately predict each token’s market history.&nbsp;
Whether you stake your tokens in liquidity pools or contribute to RCO Finance’s lending protocol, you will need the AI to make informed decisions about your preferred investments.
As expected from the average Ethereum project, RCO Finance has its<a href="https://github.com/solidproof/projects/tree/main/2024/RCO%20Finance" target="_blank" rel="noopener noreferrer nofollow"> smart contracts audited</a> by SolidProof. The extra security from Ethereum’s blockchain boosts RCO Finance’s reliability and transparency.
<figure class="wp-block-image size-large"><a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow"><img loading="lazy" decoding="async" width="1024" height="162" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-1024x162.png" alt="" class="wp-image-523017" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-1024x162.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-300x47.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-765x121.png 765w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-1536x243.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-2048x324.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-949x150.png 949w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-100x16.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266-788x124.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-266.png 797w" sizes="(max-width: 1024px) 100vw, 1024px"></a>
</figure>
<a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow"></a>
<h2 class="wp-block-heading" id="hop-on-the-rcof-presale-now">Hop on the RCOF Presale Now!</h2>
RCOF is in Stage 1 of the presale for<a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow"> $0.0127 each</a>. However, the token will only stay that way for a while as the price will spike to $0.0343 in the coming Stage 2 (169% ROI already).&nbsp;
The presale revenue is nearing $1 million, which is needed to achieve a 3,000% ROI for early investors. Getting your RCOF tokens now guarantees $30,000 returns on a $1,000 investment by the end of the presale.&nbsp;
With its potential, RCO Finance could be up for even more pumps post-launch, especially since the scheduled post-presale token burn event could create <a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow">RCOF </a>scarcity.
Further, the RCO Finance project gives users access to liquidity pools, allowing them to earn even more from staking and swapping assets. Investors are surely going to love this one.
For more information about the RCO Finance Presale:&nbsp;
<a href="https://rcofinance.com/?utm_source=captainaltcoin&amp;utm_medium=pr&amp;utm_campaign=0710" target="_blank" rel="noopener noreferrer nofollow">Visit RCO Finance Presale</a>&nbsp;
<a href="https://linktr.ee/rcofinance" target="_blank" rel="noopener noreferrer nofollow">Join The RCO Finance Community</a>
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post <a href="https://captainaltcoin.com/legendary-bitcoin-trader-issues-bleak-prediction-for-btc-time-to-buy-om-and-rcof/" rel="noopener noreferrer nofollow">Legendary Bitcoin Trader Issues Bleak Prediction For BTC, Time to Buy OM and RCOF?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.

Legendary Bitcoin Trader Issues Bleak Prediction For BTC, Time to Buy OM and RCOF?

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