As the cryptocurrency market enters a pre-halving retrace, investors through the Bitcoin Rainbow Chart, eye the moment to capitalize on altcoins and ICOs. The Bitcoin price tends to stay within the Bitcoin Rainbow Chart color bands of the logarithmic growth channel.
What you'll learn 👉
Bitcoin Pre-Halving
Periods leading up to halving events have historically been marked by market retracements followed by bullish momentum. This cycle presents a strategic window for investors to accumulate altcoins and participate in promising ICOs before potential price surges.
What Is The Bitcoin Rainbow Chart?
The Bitcoin Rainbow Chart is a BTC price’s long-term assessment tool that predicts future price direction through a logarithmic growth curve. Like a real rainbow, different colored bands overlay this curve, indicating market sentiment at each stage as the price moves. The Bitcoin Rainbow Tool depicts potential buying or selling opportunities.
The chart helps analysts interpret Bitcoin’s market cycles. During warmer color periods of overheating, strategic investors may consider taking profits. When the price is in cooler colors, sentiment is often low, presenting opportunities for accumulation.
An Exciting Octobrock ICO
Octobrock is a project laden with all-round utility solutions, making the project a key investment project, and a solution to prevalent DeFi complexities. Octoblock simplifies DeFi and fosters accessibility and inclusivity through its Crowd Funded Yield Farming (cFyF) initiative. cFyF encourages a collective culture for maximum yields and secured guarantees of their invested funds.
cFyF is one of the pillars through which Octobrock delivers its promises. It pursues charitable causes through its Tentacle Trust, where deserving charities focussing on ocean conservation are funded.
ICO staking is a money-making feature that reinvests funds to sustain profitability. Investors receive APY returns through direct credits into their accounts. ICO staking is a reward system that appreciates early adoption and the official website displays the current APY. The rate is the prevailing token price at the time of sale. The current APY, displayed on the website is approximately 22.09%. The platform placed the minimum APY at 10% regardless of market conditions. Octoblock’s staking rewards are higher compared to similar projects. While some ICO projects may promise high Annual Percentage Yields (APYs), Octoblock distinguishes itself by ensuring sustainability through partnerships that maintain APYs within viable ranges. The platform projects a long-term viability to provide users with reliability and security. The current TVL is $13,720. One OCTO token is priced at $0.036 in phase two, with a 14% bonus.
The Tesla Sleek Model 3 electric car is part of a giveaway. One OCTO token earns one entry to the giveaway.
The Coral Cove DEX, a one-stop portal, runs a cross-chain interoperability. Users can transfer, bridge, manage, or store their assets. Octoblock’s vision is a seamless asset transfer across chains and achieve permissionless and secure operations. Octoblock currently supports 20 blockchains and over 100 cryptocurrencies. As the project progresses, OCTO will add support to more chains and assets.
Full Octoblock ICO details here:
Disclaimer: We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in cryptoassets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
