BTR Is Making a Major Move
$BTR is moving hard right now.
Bitlayer’s BTR token has seen a huge rally with some market feeds showing gains of around 100% to even 180% in just 24 hours.
But here is the important part. Price data is not the same across platforms so check the exact price on your exchange before taking any trade.
Right now there is no clearly confirmed major news behind this move. So this could be mostly speculation and we could also see some fast profit taking.
The big thing to watch is the reported 39.27 million BTR token unlock on August 27.
More tokens entering the market can bring extra selling pressure and big volatility.
The momentum looks strong but the risk is also very high.
Don’t chase a vertical candle. Check volume liquidity and the unlock first.
#Bitlayer #BTR #CryptoNew #altcoins
$BTR is moving hard right now.
Bitlayer’s BTR token has seen a huge rally with some market feeds showing gains of around 100% to even 180% in just 24 hours.
But here is the important part. Price data is not the same across platforms so check the exact price on your exchange before taking any trade.
Right now there is no clearly confirmed major news behind this move. So this could be mostly speculation and we could also see some fast profit taking.
The big thing to watch is the reported 39.27 million BTR token unlock on August 27.
More tokens entering the market can bring extra selling pressure and big volatility.
The momentum looks strong but the risk is also very high.
Don’t chase a vertical candle. Check volume liquidity and the unlock first.
#Bitlayer #BTR #CryptoNew #altcoins
