The post Bitcoin Whales Benefit from Crypto Crash; Why are they Buying RCO Finance (RCOF)? appeared on BitcoinEthereumNews.com.

As the cryptocurrency market experiences a downturn, Bitcoin whales have leveraged the situation to their advantage. While accumulating more BTC during the dip, these whales have also been drawn to RCO Finance (RCOF). This new crypto promises the potential for substantial returns.  Are you curious about the factors that have prompted the whales to allocate their resources to RCO Finance? Find the details below!  Whales Dive into RCO Finance Frenzy Rumors of significant investor activity surrounding the RCO Finance (RCOF) token have been circulating. It is a new crypto asset rapidly gaining attention in the market. The high rate of RCOF token adoption over the past week lends credence to these rumors. Over 43 million of the total 98 million RCOF tokens have already been sold. RCO Finance’s massive adoption stems from its affordable token price. It uses innovative AI tools, like the powerful AI Robo Advisor, which leverages fully automated AI and ML algorithms. Thus, it provides investors personalized trading strategies that meet their financial goals and risk tolerance. Crypto investors have been flocking to RCO Finance not just because of the Robo Advisor. This innovative platform also prioritizes security and transparency through its regular and comprehensive smart contract audits by SolidProof. It’s one of the best security firms in the industry. Bitcoin Whales Double Down Amid Dip Bitcoin’s (BTC) price has dropped from $71,000 to $ 57,874 over the past six weeks, causing market volatility. Despite this, large Bitcoin whales, primarily exchange liquidity providers, have accumulated an additional 212,450 BTC. They increased their holdings by 1.05% of the total BTC supply. When whales buy a token during a price decline, they still believe its price will rise, earning them returns. However, Bitcoin’s market patterns, like the rising wedge, alongside negative indicators such as the MACD, suggest sellers dominate.  Nevertheless,…

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Filed under: News - @ July 9, 2024 8:18 pm