Funding rate remains high on BTC amid market decline, $RBLZ could be tipped for big gains
TLDR
Funding volume has recently increased and may affect the bullish direction of Bitcoin (BTC).
However, many market analysts believe that BTC can recover to reach the price of $98,190 by the end of the year.
Many experts have suggested Rebel Satoshi (RBLZ) might be one of the best crypto investment opportunities in the midst of a massive market meltdown right now.
An increase in Bitcoin funding volume on perpetual futures contracts hints at the possibility of a price correction phase for Bitcoin (BTC) in the coming weeks. Meanwhile, some experts believe that Rebel Satoshi's $RBLZ could be one of the best ICO choices for investors with 10x profits in the broad market bait.
Let's discuss the optimism surrounding $RBLZ and find out if it is the best crypto to invest in right now.
The amount of Bitcoin funding is increasing; Is a price adjustment imminent?
Bitcoin in 2010 2024 saw a significant advance, reaching an all-time high (ATH) of $73,750 in March. However, the advance was not sustained, and the price briefly fell below $70,000, although it has recovered some of its losses since then.
Although Bitcoin has bounced back above $72,000, experts from CryptoQuant suggest that the Bitcoin futures funding rate, which reflects payments between short and long traders, could signal a price correction in the future.
Although record-long positive bond yields indicate strong bullish sentiment, market analysts see this as a good opportunity for prime buying.
But other experts expect a bullish trend for BTC, especially on the upcoming Bitcoin halving event. They predict that BTC could reach as high as $98,190 by the end of 2024, with increasing market uptake and adoption.
Conversely, bearish forecasts point to a potential correction, with BTC likely to drop below $60,000 by the end of 2024. Various factors, such as regulatory changes, shifts in market sentiment, or external economic factors, may affect this situation.
$RBLZ brings hopes of 10x gains amid a broader market meltdown
As funding rates for Bitcoin remain high amid a broader market dip, $RBLZ aims to buck the market trend with hopes of 10x gains. This potential for high profits is attracting many investors to invest in Rebel Satoshi's $RBLZ, especially as new ICOs struggle with volatility.
Rebel Satoshi aims to change the crypto landscape with $RBLZ, driving a movement of decentralization and community empowerment to reestablish dominance. Through $RBLZ, Rebel Satoshi seeks to disrupt the status quo, providing an innovative and inclusive alternative to already struggling top crypto coins.
The $RBLZ presale saw an impressive 150% increase. Starting at $0.010 and quickly climbing to $0.025 by the end of Recusant Round 5, Rebel Satoshi has successfully raised over $2.5 million in the presale phase.
$RBLZ maintained its momentum starting at $0.025 on platforms such as CoinGecko, DEXTools, Uniswap and Coinstore. With the second token $RECQ, Rebel Satoshi It continues to build on this success, offering even more impressive growth prospects and opportunities for investors to earn higher returns.
The $RBLZ token is poised for massive appreciation and is supported by a thriving community that engages in quests and earns rewards. Upcoming developments, including the Rebel Satoshi Arcade and exclusive merchandise, are set to further enrich the community experience.
For the latest updates and more information, be sure to visit the official Rebel Satoshi website or contact Rebel Red via Telegram.
