TLDR
- Bitcoin surges 8% in a week, but experts believe bears will take over soon.
- Bitcoin Cash gains 1% in a week, but analysts foresee a persistent downtrend.
- Rebel Satoshi promises more presale and post-presale gains after jumping 120%.
Top crypto coins like Bitcoin (BTC) and Bitcoin Cash (BCH) have turned green as January winds up. However, investors are skeptical about investing in these cryptos due to volatility. Meanwhile, Rebel Satoshi ($RBLZ), an emerging meme coin, has witnessed enormous trading activity after raising over $1.5 million during its public presale.
Which cryptocurrency will deliver the best returns soon between Bitcoin, Bitcoin Cash, and Rebel Satoshi? Continue reading to find out!
Bitcoin Climbs 8% in a Week: Will Bulls Remain Dominant?
Bitcoin has performed well over the past seven days. On January 23, BTC was changing hands at around $39,731.38. BTC hit this level after beleaguered exchange FTX sold 22 million Grayscale’s GBTC shares worth about $1 billion on January 22. After holding the $39,000.00 level for days, BTC gained traction on January 26.
These gains came after news revealed that Grayscales’s GBTC outflows had slowed down. The resulting bullish momentum saw BTC climb as high as $43,207.69 on January 29. By January 30, BTC had experienced a slight downward correction and leveled off at around $43,193,67. This price means BTC has gained 8.71% in a week.
So, is BTC one of the best cryptos to invest in? According to analysts, BTC will plunge as the GBTC fund continues experiencing outflows. To this end, experts set the end-of-January and end-of-February BTC predictions at $40,851.00 and $40,140.00, respectively.
Bitcoin Cash Gains 1% in a Week: Will the Uptrend Continue?
Bitcoin Cash has underperformed over the past seven days. On January 123, BCH was hovering around $236.28. The January 23 news of Mt. Gox requesting its creditors to confirm account ownership before it could make payments in BTC and BCH caused panic selling. As a result, BCH traded as low as $219.32 on the same day.
However, the panic selling was short-lived, and BCH began correcting upward. Moreover, XcelTrip announced that BCH holders could use their coins to pay for travel expenses on January 25. This news saw BCH traded as high as $245.39 on January 28. By January 30, BCH had stabilized at around $240.53. This price means BCH has gained 1.80% in a week.
This lackluster performance has left investors asking, is Bitcoin Cash a top crypto to invest in? According to experts, BCH will gain more adoption and trade as high as $248.26 by the end of January due to XcelTrip’s integration. However, as the buzz about this news fades, experts believe Bitcoin Cash will plunge to $217.73 by the end of February.
Rebel Satoshi Outpaces Top Cryptos After Jumping 120% and Promising More Gains!
Rebel Satoshi, a revolutionary meme coin that seeks to disrupt the crypto space by propelling it to a new age of decentralization, has achieved notable milestones since the start of its presale. The most recent breakthrough was raising over $1.5 million in less than three months.
Naturally, this outstanding growth has attracted more investors to Rebel Satoshi. However, this is not the only factor that has attracted investors to this crypto gem. Investors are also flocking to Rebel Satoshi because of its native $RBLZ token, which offers complete access to features like an NFT marketplace, a P2E game, and a stake-to-earn program.
By January, Rebel Satoshi was underway with Monarchs Round 4 of its presale. During this round, investors can purchase $RBLZ at $0.022. Thus far, $RBLZ has generated a 120% ROI for Early Bird Round investors, with more presale gains coming soon.
Once $RBLZ attains its listing price of $0.025, Monarchs Round 4 investors will realize a 13.64% ROI. Interestingly, experts believe $RBLZ will make moon shots when it gets listed on top DEXs in February. This forecast makes $RBLZ the best cryptocurrency to buy now!
For the latest updates and more information, be sure to visit the official Rebel Satoshi Presale Website or contact Rebel Red via Telegram
