CryptoQuant Says Bitcoin Risks Falling Farther, Here’s How You Can Make Profit
- CryptoQuant predicts a potential Bitcoin drop to $40,000 amidst ongoing bearish trends and increased market risks.
- ETFSwap (ETFS) emerges as a safer alternative, offering high-profit potential through tokenized crypto ETFs.
- Early investment in ETFS could yield significant returns, especially with the projected rise in its token value during the presale.
CryptoQuant Warns of Bitcoin Drop, ETFSwap Offers Safer Bet
CryptoQuant believes that Bitcoin (BTC) could fall even further, citing recent market trends and on-chain data suggesting increased risks. Investors who have invested or are considering Bitcoin (BTC) should tread carefully to avoid severe financial losses. Amidst this high-risk situation, alternatives like ETFSwap (ETFS) present a safer investment option with significantly high-profit potential and broader opportunities for higher investment returns.
Bitcoin (BTC) Faces Increased Risk Of Further Price Correction
In an X (formerly Twitter) post on August 5, analysts from on-chain data analytics provider CryptoQuant shared multiple price charts, highlighting the Market Value to Realized Value (MVRV) of Bitcoin (BTC). CryptoQuant’s analysts have predicted a significantly bearish scenario for Bitcoin (BTC), anticipating more price declines for the pioneer cryptocurrency.
According to its post, Bitcoin (BTC) could witness a massive price drop to $40,000 if bearish sentiment continues. The analysts disclosed that Bitcoin (BTC) dropped by more than 16%, breaking below the $57,000 support level on August 5.
Due to the prevailing market conditions and volatility, Bitcoin (BTC) traders are currently facing their most negative realized profit margins since November 2022. As of writing, Bitcoin (BTC) is trading at $54,999, reflecting a price decrease of 2.56% in the last 24 hours, and a more than 20% crash over the past few weeks.
ETFSwap (ETFS) Emerges As Safer Investment Opportunity With High Profit Potential
Amidst the market’s uncertainty and Bitcoin’s potential for more declines, ETFSwap (ETFS) has emerged as a safety net for investors, providing unique investment opportunities through tokenized crypto ETFs. By investing in its innovative native token, ETFS, investors have the potential to tap into the multi-trillion dollar ETF market, attracting substantial profits as the ETFS gains in value.
The ETFSwap (ETFS) platform operates using blockchain technology to ensure that users have a safe and reliable trading environment. Unlike conventional ETF platforms, ETFSwap (ETFS) has incorporated cutting-edge trading features tailored to meet the needs of investors.
Some of these key features include customizable trading strategies, 24/7 market coverage, real-time data and direct access to futures and perpetual trades. This platform is also designed to facilitate borderless and permissionless trading for investors.
Moreover, ETFSwap (ETFS) provides amazing trading incentives for users including high yields for ETF staking, up to 10X leverage on perpetual trades and a massive 87% APR yield for token investors.
As a user-centric platform, security is a top priority of ETFSwap (ETFS). This platform has been thoroughly audited and verified by blockchain security firm, CyberScope. Its team has also completed a Know Your Service (KYC) verification procedure executed by SolidProof, a renowned smart contracts security audit company.
Additionally, ETFSwap (ETFS) offers highly profitable ETF recommendations, utilizing sophisticated Artificial Intelligence (AI) backed ETF screeners and trackers which analyze historical data and track market trends. This platform's extensive library of tokenized ETFs ensures that investors can benefit even during market downtrends without being overly exposed to risks.
Furthermore, ETFSwap’s ecosystem is powered by its native token, ETFS. The ETFS token is a highly valuable and sought-after cryptocurrency, exclusively available through ETFSwap’s ongoing presale.
The presale provides a once-in-a-lifetime chance to be among the first adopters of ETFSwap’s innovative platform. Investors can purchase one ETFS token for as low as $0.01831. This discounted price is a limited-time opportunity, as the ETFS is set to surge to $0.03846 in the next presale stage.
Dive Into ETFSwap’s Presale Today For Optimal Returns
Acquiring the ETFS token could become one of the best investment decisions investors can make during this broader market downtrend. With the growth of crypto ETFs and the upcoming launch of ETFSwap’s own ETF, the price of the ETFS is projected to rise even higher, promising significant returns for early investors.
For more information about the ETFS Presale:
