Bitcoin sentiment hits most bearish levels, but this could be great news for Ethereum altcoins

With Bitcoin’s (BTC) ongoing downturn and strong bearish sentiment from traders, this is great news for Ethereum (ETH) altcoins. As a result, many investors are turning to altcoins on the Ethereum blockchain, like RCO Finance (RCOF), which currently has more stability and potential for substantial gains.  

Continue reading to learn more about RCO Finance and why it appeals to investors.

Investors flee Bitcoin for RCO Finance

With Bitcoin’s ongoing bearish momentum, its investor’s and traders’ fear, uncertainty, and doubt (FUD) are at the highest level. This means they’ve begun to lose faith in Bitcoin (BTC), so they’re turning to Ethereum (ETH) altcoins that they can use to diversify their portfolios.

One such altcoin is RCO Finance (RCOF),  an ERC-20 token on the Ethereum blockchain. RCO Finance attracts these investors because it is an Ethereum altcoin and because the Defi trading platform leverages fully automated AI and ML technologies to improve investors’ trading experience.

Through the help of the Robo Advisor, investors can improve their trading and make informed decisions. The Robo Advisor’s trading alert system provides investors with recommendations on the market’s optimal entry and exit points.

Moreover, the thorough and regular smart contract audits conducted by one of Europe’s leading security firms, SolidProof, help ensure the safety and security of investors’ funds, further adding to the growing appeal of RCO Finance (RCOF).

Bitcoin faces bearish sentiment and decline

Bitcoin (BTC) bulls are striving to reverse last week’s losses. An analyst highlighting the importance of the 200-day moving average noted that BTC dipped below it, with only 12 green days in the last month.

Santiment, through a recent post on X, reports extreme trader bearish sentiment on X, Reddit, Telegram, 4Chan, and BitcoinTalk. This heightened fear, uncertainty, and doubt (FUD) suggests Bitcoin’s (BTC) price might still go low beneath this point. 

However, Bitcoin currently holds support at $57,000, although more expert analysis forecasts it will still experience a significant downturn in a few days, making its price drop below $53,000.

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RCO Finance attracts smart investors rapidly

On the other hand, RCO Finance (RCOF) continues attracting smart investors with its amazing benefits of tokenization, like allowing users to borrow and lend on the platform with low interest rates, earning passively from staking dividends, and high leverage options up to 1000x.

Traders get up to 40% discount on all trading fees, enhancing profitability and encouraging higher trading volumes. RCO Finance offers investors various tradable assets, including real-world assets like stocks and bonds, and issues DeFi debit cards that they can use to perform transactions easily.

In addition, RCO Finance makes investors an integral part of the platform by giving them exclusive governance voting rights and allowing them to participate in the decision-making process. Its non-KYC approach protects user privacy, and these tokenization benefits appeal to investors.

RCO Finance presale gains momentum amid Bitcoin drop

While Bitcoin (BTC) is witnessing a drop in market performance and investors, RCO Finance (RCOF) has been witnessing significant token adoptions, with its presale moving rapidly.

Although still in Stage 1, the RCO Finance platform records over 45 million of the total 98 million RCOF tokens sold. This implies that investors have found RCOF the best option for diversifying their portfolios.

The current presale price of $0.00127 per RCOF token makes it an affordable entry point. Investors can reduce this price by 30% using the code RCOF30. 

Looking ahead, the official token launch of RCOF is speculated to see the token trade within a price range of $0.4 to $0.6 per token. This could translate to up to 3000% returns for early investors who participate in the ongoing presale.

Take advantage of this opportunity to join Bitcoin (BTC) traders making profits with the RCO Finance (RCOF) presale!

For more information about the RCO Finance presale:-

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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

CryptoNewsZ Staff

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