😱🚀🚀BitTorrent Price Forecast 2023, 2024: Will BTT Price Explode This Year?
BitTorrent Price Prediction December 2023
The BitTorrent (BTT) price traded in narrow space between $0.0000004491 and $0.0000005121 for a brief period of time, indicating a weak buying and selling pressure for the coin in the market. Recently, the BTT token gained significant momentum in its value by adding over 80% within the past 24 hours.
The price then faced rejection at $0.0000012602, following which the price has been trading under a bearish influence and has displayed a correction of over 20% in value, further highlighting a high possibility of a pump-and-dump situation in the market.
The Relative Strength Index (RSI) displays a sharp fall in its chart, indicating a increased selling pressure in the market. Further, the averages show a bearish convergence, suggesting the price to continue losing momentum in the coming days.
If the bulls regain power, the price will prepare to test its upper resistance level of $0.0000011010 soon. Further, if the market holds the price at that level, it will further rise and test its resistance level of $0.000001260 in the coming week. Conversely, if the bears continue to dominate the market, the price will lose momentum and prepare to test its lower support level of $0.0000005121 in the coming days.
BitTorrent would see the influx of newer investors at a steady pace if they find a linear rise in price and hit its maximum annual closing price of $0.00000139. Whilst the lack of bullish impetus could settle the price at $0.000000523 with a average price of $0.00000000956.
BTT Price Forecast 2024
If the crew behind BitTorrent employs initiatives to garner the interest of marketers in the midst of Bitcoin’s big day. Seeking impetus from volumes, the digital token’s price could propel to a maximum of $0.00000185 by the end of 2024.
On the contrary, ebbing volumes coming from negativity could slump the price to $0.00000117. That said, the regular price could land at $0.00000151.
