The post Top Bitcoin Trader Peter Brandt Says Extremely Likely for the BTC Price to Hit $71K, What This Means For Altcoins appeared first on Coinpedia Fintech News
Top Bitcoin trader Peter Brandt recently revealed his BTC chart analysis, predicting that the number one cryptocurrency could soon hit $71,000. Since the Bitcoin price fluctuations largely drive the altcoin market, another crypto rally could ensue if Brandt’s prediction holds.
In light of this, RCO Finance expected to capitalize on the impending rally and register massive gains in its presale.
Let’s explore how you can benefit from this market scenario.
RCO Finance To Mirror Bitcoin’s Price Action
Altcoins like RCOF will undoubtedly register up to 10x gains if Bitcoin hits $71,000. RCOF is the native token powering one of the top DeFi protocols on the Ethereum blockchain– RCO Finance; the platform has deflationary, governance, and high growth qualities.
RCO Finance (RCOF) has been climbing the ranks in the crypto industry by integrating incredible AI trading tools like the Robo Advisor into the core of its operations. Already user-friendly and highly secure through renowned SolidProof’s smart contract audits, the Robo Advisor has enhanced the RCO Finance platform’s offerings while maintaining investors’ autonomy.
The Robo Advisor tool uses advanced AI and machine learning algorithms to continually scan the crypto market for the most profitable assets it invests as long as the users grant authorized access. It immediately alerts investors and subsequently readjusts their portfolios if it identifies a losing asset or one traded with very high leverage.
The only truly AI-based tool in the entire crypto ecosystem, the Robo Advisor helps crypto traders and investors maximize their strategies, mitigate risk, reduce the impact of human error in their decisions, and increase their profit according to their financial goals.
Thus, RCO Finance is one of the most prominent projects in the Ethereum ecosystem, with the potential to yield further profits for its early investors. The platform is currently undergoing a token pre-sale, which has attracted the attention of many in the crypto community.
Bitcoin Hits $66k, Eyes $71k
Top Bitcoin Trader Peter Brandt took to his X (formerly Twitter) account on July 17 to share his Bitcoin chart analysis. He noted Bitcoin’s recent bounce to $66,000 and predicted that it could be eyeing a short-term price target of $71,000 after its ongoing price correction.
Notably, Bitcoin’s recent surge was tied to news that Donald Trump had chosen Sen. JD Vance as his vice presidential running mate for the upcoming US elections on July 15. This indicates a potential crypto-friendly administration and policies, as both Trump and Vance are pro-crypto and have large Bitcoin holdings.
Bitcoin ETFs also extended their seven-day winning run after recording $422.5 million in inflows on July 16, the biggest single-day rally since June 5. Moreover, now that Mt.Gox’s repayments to its creditors have commenced, Bitcoin could experience lesser long-term selling pressure.
RCO Finance Democratizes Access To Huge Gains
In addition to the above and the potential positive outlook for crypto in the US, RCO Finance (RCOF) users are set to gain further as the platform democratized access to Bitcoin ETFs once reserved for institutional traders. Now, you can easily invest in these ETFs on its platform and other trading assets totalling over 120,000, including Real-world assets like stocks and bonds.
The platform’s high leverage options of up to 1000x can make these investments profitable even for small portfolio-sized investors. Besides, they can also take advantage of the platform’s borrowing and lending services at very low interest rates and repay once they’ve made a profit.
Additionally, RCO Finance shares its generated revenue with investors and doesn’t require users to undergo a KYC process, which helps investors retain their anonymity and privacy. These features have positioned RCO Finance to attract significant portions of the liquidity inflows entering Bitcoin.
RCO Finance’s Presale Dubbed Money-making Machine
RCO Finance operates under a tier-based system to boost the presale tokens at each new stage. The pre-sale is still in stage 1; you could earn nearly 170% gains by purchasing the tokens before the next stage begins.
However, these gains are time-sensitive as RCOF is rapidly selling and is less than 20% away from beginning stage 2. This surging momentum results from RCO Finance’s incredibly high staking and yield-farming rewards, which it has used to encourage long-term hodling.
Subsequently, this will drive scarcity and demand, leading to bigger market domination for RCO Finance. The tokens are currently at a price of $0.01275, and this entry is crucial if you want to maximize your returns, as RCO Finance will exponentially surge by over 3000% to $0.6 at its official market launch.
And the icing on the cake is that investors will also enjoy up to 30% of the revenue shares from the RCO Finance platform. So, what are you waiting for? Join the RCO Finance’s presale today!
For more information about the RCO Finance Presale:
