Economist Hints at Further Losses for PEPE and Bitcoin (BTC), but There Is One Possible Salvation

Economist Hints at Further Losses for PEPE and Bitcoin (BTC), but There Is One Possible Salvation

Bitcoin (BTC) has experienced a significant decline in the past week, with meme coin PEPE mirroring its bearish trend. Renowned economist Peter Schiff predicts further gloom for Bitcoin, which could potentially impact PEPE as well.

However, RCO Finance, a new Ethereum DeFi project, offers a glimmer of hope for investors amidst the bearish market.

Expert Predicts Sell-Offs Below $38k

Bitcoin's initial surge in the beginning of the year has now turned sour, with ETFs that once fueled the rally now contributing to its decline. Peter Schiff, an American economist, believes over 70% of investors in Bitcoin ETFs are regretting their losses. He predicts a significant sell-off if Bitcoin falls below $38,000.

Bitcoin's Bearish Impact on PEPE

Meme coins like PEPE have exhibited a strong correlation with Bitcoin's price movements. The recent Bitcoin downtrend has negatively affected PEPE, following a similar trajectory as the top cryptocurrency.

RCO Finance: A DeFi Alternative

Due to the potential for further losses in Bitcoin, some investors are turning to RCO Finance. This Ethereum DeFi project offers a non-restrictive trading platform with personalized features, such as a Robo Advisor that analyzes market data and provides tailored trading recommendations.

RCO Finance offers over 120,000 trading assets, including bonds, company shares, and Forex pairs, enabling users to access a wide range of markets from any location. Its smart contract has been audited by SolidProof, providing assurance of security.

Presale Opportunity with RCOF

RCO Finance's tokens (RCOF) are currently in their first presale stage, priced at $0.0127 each. Investors can potentially gain up to 3000% profit during this period. A $1,000 investment could yield as much as $30,000.

After the platform launches, analysts expect RCOF to surge in value due to increased trader traffic. This could lead to potential returns of around 1000x.

For more information about the RCO Finance presale, visit their website or join their community.