- BTT coin price is currently seeing a correction on the daily chart after a strong upside momentum. Meanwhile, Bittorrent price is up by more than 3% in the past 24 hours
- Bittorrent price might see a bearish correction before reaching a new high. Meanwhile, the BTT/BTC pair has seen a gain of more than 2.16% in the intraday session
BTT coin price is observing a bearish correction on the daily chart which can push it to a new low in the future. Bittorrent price has seen a gain of more than 3.5% in the intraday session and is trading near the value of $0.00412.. BTT went up by more than 13% in the previous day’s trading session. . It is a peer-to-peer file sharing and torrent platform which became very popular in the general public. BTT coin price is in a correction mode but can soon revert to the uptrend. One can forecast huge gains in Bittorrent in the future. The BTT/BTC pair can also see strong bearish momentum in the future. One can invest in Bittorrent as per their needs and risk adversity.
BitTorrent market dominance along with its market is seeing a weak recovery to the previous high. The price of the coin has to move more than 71% of its current value to reach its all-time high. The volume of the coin along with the market cap is also seeing a surge which can push the price to a new high. Volume to market capitalization ratio for the BTT suggests a bearish trend for the future
BTT Coin Price Might See A Strong Downside Correction In The Future
The weekly technical chart of BTT price suggests a bearish mode for upcoming days. On the daily chart, Bittorent price is seeing a downside momentum. BTT upside momentum may see a hostility near $0.005 . A support area in the price can be found near $0.003. The 100MA line for the asset is near $0.0038. If the BTT price jumps 15 to 20% above the current level then a strong upside momentum can be seen. BTT/BTC pair can also observe a strong upside momentum in the upcoming days.
Conclusion
BTT coin price is seeing a downside correction but can soon revert to the uptrend. BTT/BTC pair can also observe a new high in the future
Technical Levels
Major Support:$0.002
Major Resistance:$0.006