BTT /USDT RVOL, MA, RSI (Source: Tradingview )Īlso, the Moving Average (MA) of BitTorrent (BTT) is shown in the chart above. Currently, the RVOL of BTT lies below the cutoff line, indicating weak participants in the current trend. It is an indicator of how the current trading volume has changed over a period of time from the previous trading volume. The Relative Volume (RVOL) of BitTorrent (BTT) is shown in the chart below. BitTorrent (BTT) Price Prediction 2023 - RVOL, MA, and RSI If this trend continues, BTT might run along with the bulls overtaking its resistance level at $0.0000014732.Īccordingly, if the investors turn against crypto, the price of BitTorrent (BTT) might plummet to almost $0.0000006199, a bearish signal. The charts show that BitTorrent (BTT) has performed a bullish trend over the past month. BTT /USDT Support and Resistance Levels (Source: Tradingview )įrom the above daily time frame, we can clearly interpret the following as the resistance and support levels for BitTorrent (BTT). The chart below shows the support and resistance levels of BitTorrent (BTT). BitTorrent (BTT) Support and Resistance Levels If the trend reverses, then the price of BTT may fall to $0.0000006160. This pattern is characteristic of a bearish market.Ĭurrently, BitTorrent (BTT) is in the range of $0.0000006257. The upper trendline, which joins the highs, and the lower trendline, which joins the lows, run parallelly downwards. A descending channel is formed by two parallel trendlines. The above chart of BitTorrent (BTT) laid out a descending channel pattern, also known as the falling channel. BTT /USDT Descending Channel Pattern (Source: Tradingview ) BTT price prediction 2023 is explained below with a daily time frame. BitTorrent (BTT) Price Prediction 2023īitTorrent (BTT) holds the 56th position on CoinGecko right now.
It is designed to transfer large computer files without a central server and is responsible for moving a significant percentage of the world’s Internet traffic. It is a distributed file-sharing protocol developed in 2001 by computer programmer Bram Cohen. (Source: CoinGecko) What is BitTorrent (BTT)?īitTorrent (BTT) is a blockchain-based digital token that powers the world’s most popular decentralized protocols and applications. BitTorrent (BTT) Current Market Status Current Price In BitTorrent (BTT) price prediction 2023, we use statistics, price patterns, RSI, RVOL, and other information about BTT to analyze the future movement of the cryptocurrency. BitTorrent (BTT) price might also reach $0.0000008 soon.If BTC price gains acceptance below this key psychological level then most altcoins are likely to make fresh lows. At the time of writing, Bitcoin price has slid below $20,000 once again after days of sideways price action. Any lower lows than $0.00000069 would invalidate our BTTC price prediction. However, this would only be possible if the Bitcoin price breaks above $22,000. If BTTC breaks out of the downwards trendline, then $0.000000133 could become a valid BitTorrent price prediction in the near term. Consequently, the price is back in the downtrend after the failed breakout attempt. The price bounced and went above $0.00000105 at one point but lost momentum. BTTC price dipped to the lows of $0.00000069 as Bitcoin price tagged $17.6K level, last week. Technical analysis of the BitTorrent price chart shows that the ongoing slump has sent the coin into a downward spiral without any significant relief rally.
Currently, there are 932 trillion coins in circulation. The total supply is now capped at 990 trillion coins. Since the redenomination, the supply of BitTorrent crypto has increased by a factor of 1:1000. In other news, BTFS active super miners have now exceeded 1.63 million. The top oracle Band protocol has also been launched on the new chain. It enables seamless interoperability between Ethereum/Tron and BSC blockchains.Īccording to official BitTorrent news, the network is now supported on the Gate.io exchange. The network can currently settle up to 7000 TPS with a confirmation time of only 3s.
BTTC blockchain is an EVM-compatible network and allows the one-click migration of smart contracts. BitTorrent chain is also live now and is being marketed as the first-ever heterogeneous blockchain.
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