$BTTC update: bounce is fading, trend still down
BTTC/USDT is at 0.00000036, down 2.70% on the day (range 0.00000035 to 0.00000037).
Numbers
• 24h volume: 1.19T BTTC (about $431K)
• 7d: -5.26% | 90d: +33.33% | 180d: +16.13% | 1Y: -28.00%
• Weekly chart: low of 0.00000025 (July 20), then a spike to 0.00000044, now retraced
What the chart shows
• Price is just under the weekly MA(7) at 0.00000037 and above MA(25) at 0.00000031.
• It is well below MA(99) at 0.00000053, which is still sloping down. That keeps the longer trend bearish.
• The order book is balanced, 49.8% bids to 50.2% asks, so there's no clear buyer or seller control.
• The July rebound came with a volume spike. Recent weekly volume is much thinner, so the bounce lacks follow-through.
Levels to watch: 0.00000031 (MA25) as support, 0.00000044 (recent high) as resistance. A weekly close above MA(99) would be the first sign of a trend change. Nothing in the data suggests that yet.
Do your own research.
#BTTC #BitTorrent #Binance
BTTC/USDT is at 0.00000036, down 2.70% on the day (range 0.00000035 to 0.00000037).
Numbers
• 24h volume: 1.19T BTTC (about $431K)
• 7d: -5.26% | 90d: +33.33% | 180d: +16.13% | 1Y: -28.00%
• Weekly chart: low of 0.00000025 (July 20), then a spike to 0.00000044, now retraced
What the chart shows
• Price is just under the weekly MA(7) at 0.00000037 and above MA(25) at 0.00000031.
• It is well below MA(99) at 0.00000053, which is still sloping down. That keeps the longer trend bearish.
• The order book is balanced, 49.8% bids to 50.2% asks, so there's no clear buyer or seller control.
• The July rebound came with a volume spike. Recent weekly volume is much thinner, so the bounce lacks follow-through.
Levels to watch: 0.00000031 (MA25) as support, 0.00000044 (recent high) as resistance. A weekly close above MA(99) would be the first sign of a trend change. Nothing in the data suggests that yet.
Do your own research.
#BTTC #BitTorrent #Binance